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The AICPA Professional Valuation Standards: Statement on ...

Www .willamette .com INSIGHTS SPRING 2010 91 The AICPA Professional Valuation standards : Statement on standards for Valuation ServicesRobert F. Reilly, CPAV aluation Professional standards InsightsThe American Institute of Certified Public Accountants ( AICPA ) Statement on standards for Valuation Services (SSVS) has become the de facto Professional standard within the Valuation profession. This discussion provides an update on this AICPA Professional standard since its issuance in 2007. SSVS is binding on certified public accountants (CPAs) who provide Valuation services to clients. However, it has become the generally accepted Valuation profession standard with Valuation services clients, the audit and accounting community, the legal profession, the judiciary, financial institutions and financial intermediaries, the national taxing authorities, other government agencies, and the national securities regulatory discussion provides an update on the American Institute of Certified Public Accountants ( AICPA ) Professional standard Statement on standards for Valuation Services No.

www .willamette .com INSIGHTS • SPRING 2010 91 The AICPA Professional Valuation . Standards: Statement on Standards for Valuation Services

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