05-07-2009 00:00
Fair Value Event Series
Appraising, Accounting, and Auditing
Three Partners in a Troubled Economy
Three Partners in a Troubled Economy
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With all of the current financial uncertainty in the world, it is more vital than ever that assets - tangible and intangible – and liabilities are consistently and accurately valued. Heightened attention – by industry and regulators, across all asset categories – to this need presents a tremendous opportunity for the Appraisal profession. Understanding the value of a firm\'s assets and liabilities as viewed by the market is at the core of Fair Value Accounting.
Our multi-city seminar will provide an overview of Fair Value Accounting, and industry leaders will discuss the ramifications of Fair Value Accounting for valuing all assets and liabilities. The seminar will also point up the importance of interdisciplinary efforts and global standards. This seminar is one way that the appraisal profession can work together to be one Voice for Valuation.
Date:
May 7, 2009
Time:
2:30 p.m. - 3:15 p.m. Register
3:15 p.m. - 4:45 p.m. Presentations
4:45 p.m. - 5:15 p.m. Discussion Questions
5:30 p.m. - 6:30 p.m. Cash Bar/Reception
Location:
Dallas Fort Worth Airport Marriott
8844 Freeport Parkway
Irving Texas 75063
Cost:
$55
(Hors d'oeuvres will be served)
RSVP:
Click here to download the RSVP form (PDF) or email zkhaze@rics.org
Moderated by:
- Peter Brooks, MAI, CRE, FRICS Executive Director, Ernst & Young
Speakers Include:
- Don Dorchester FRICS, CRE, MAI, Senior Director, Cushman & Wakefield
- James B. Vine Jr., CRE, ARA, FRICS, Real Estate Appraiser & Consultant, Vine and Associates
- Brian Glanville, FRICS, CRE, MAI, Managing Director, Integra Realty Resources
- Mike Hill Jr., ASA, CPA/ABV, Shareholder and Valuation Director, Hill Schwartz Spillker Keller LLC
Topics to be discussed:
- Brief history of RICS Valuation Council
- Myths and truths about Fair Value and Market Value
- Applications and distinctions
- Uses of valuation
- U.S. and International Accounting Concepts
- Changes to US Accounting Standards (SFAS)
- International Accounting Standards (IFRS)
- Relationship between SFAS and IFRS
- Impact of Accounting Rules on Valuation (SFAS141, 142, 157)
- Valuation for Financial Reporting
- International Valuation Standards
Panel Discussion:
-
Relationship between accountants and valuers
-
International markets & implications
-
Valuations in current economic environment
-
Strengths, Weaknesses, Opportunities, and Threats for valuation profession
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