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AICPA & CIMA Fair Value Measurements Workshop (April 2021)
Valuation Services
Conference

AICPA & CIMA Fair Value Measurements Workshop (April 2021)

Examine fair value from all sides and translate your new insights directly into financial reporting.

$1,365 - $1,815
Do you have an AICPA membership? Log in to apply your member discount.

Date

Apr 22 - Apr 23, 2021

NASBA Field of Study

Accounting

CPE Credits

17

 Business & partner 
Key Topics
  • An overview of fair value accounting
  • FASB ASC 820, Fair Value Measurements
  • Fair value measurements in business combinations
  • Testing for subsequent impairment of fair value
  • Valuations of privately-held-company equity securities issued as compensation
  • Private company alternatives in fair value accounting
  • Regulatory environment
  • Fair value under IFRS
  • Mandatory Performance Framework
  • Intangible assets
  • Cost, market, and income approach
  • Audit considerations
Conference Details

Register early and save $100!

Early bird pricing expires March 8. Early bird savings will be shown in shopping cart.

Through a mix of live, instructor-led sessions and online courses on practical application, you will gain hands-on experience while interacting with your instructor and peers in a collegial setting, you’ll evaluate real-world case studies and participate in extended Q&A opportunities.

For best results, please ensure your video and audio are operating properly. Zoom system requirements. Accessing the live sessions: Your Zoom link will be emailed to you approximately 3 days prior to the start of the event.

You’ll also receive access to these testing goodwill for impairment articles to help you prepare for the workshop:

  • Dealing with valuation uncertainty at times of market unrest
  • Information value of the current impairment test: Leading or lagging indicator
  • Is goodwill a wasting asset
  • Opportunities for enhancing the goodwill impairment framework

Agenda

Day One

11:00 –12:40

Introductions and Seminar Overview

Overview of Fair Value Accounting 1. The changing economic and regulatory environment 2. Accounting and auditing standards setting and enforcement 3. FASB and IASB convergence project 4. Public versus private company reporting

FASB ASC 820, Fair Value Measurement

  1. History and background
  2. Definition of fair value
  3. Fair value measurement concepts
  4. Other definitions/inputs
  5. Application of fair value to liabilities
  6. Valuation techniques
  7. Disclosures
  8. Other FASB topics requiring fair value measurement

12:40 – 3:00

Mid-day break and optional supplemental review on testing goodwill for impairment articles

Office hours with Mark Zyla

2:30 – 2:55 Debrief and Q&A

3:00 – 4:40

Fair Value Measurements in Business Combinations

  1. Introduction and background
  2. Accounting overview
  3. Steps in applying fair value measurements in a business combination
  4. Disclosures

Testing for Subsequent Impairment of Fair Value

  1. Overview
  2. Order of testing
  3. Impairment of goodwill and indefinite lived intangible assets
  4. Qualitative goodwill impairment test
  5. FASB ASU No. 2017-04, Simplifying the Test for Goodwill Impairment
  6. Prospective information used in quantitative test
  7. Impairment testing for indefinitely-lived intangible assets
  8. Impairment testing for long-lived assets

Private Company Alternatives in Fair Value Accounting

Independent Self Study:

Valuations of Privately-Held-Company Equity Securities Issued as Compensation

Regulatory Environment

  1. SEC and fair value measurement
  2. PCAOB and fair value measurement guidance

Fair Value Under IFRS

The Cost Approach

  1. Overview
  2. Cost approach methods
  3. Limitations of the cost approach

The Market Approach

  1. Overview
  2. Market approach methods
  3. Limitations of the cost approach

The Income Approach

  1. Overview
  2. Income approach methods
  3. Best practices

Day Two:

11:00am – 12:40pm

Mandatory Performance Framework

  1. Background
  2. Key terms
  3. Primary benefits to valuation professionals and third parties
  4. Scope of the framework

How Intangible Assets Create Value

  1. History of intangible assets
  2. How intangible assets create value
  3. Three common valuation approaches

12:40 – 3:00pm Mid-day break

2:00pm – 4:30pm

Fair Value Measurements: Audit Considerations

  1. Overview
  2. Regulators and standard setters
  3. The audit process
  4. PCAOB guidance
  5. Audits of non-public entities
  6. SEC audit guidance

Group Case Study

4:35 – 5:00pm Wrap up and final Q&A

Workshop Adjourns

Who Should Attend
  • Senior financial executives of both public and private companies and their finance/accounting staff
  • CPAs and other business valuation specialists who perform fair value measurements for financial reporting purposes
Attendance options
Online
Apr 22 - Apr 23, 2021
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$1,815.00
AICPA Members
Online
$1,415.00
FVS Section Members
Online
$1,365.00
ABV Credential Holders
Online
$1,365.00
CFF Credential Holders
Online
$1,365.00

Looking for group pricing?

We can help with group discounts. Call us at 1-800-634-6780 (option 2) or email us at groupconference@aicpa-cima.com

Contact us
Credit Info
CPE Credits
Online
17
NASBA Field of Study
Accounting
Level
Intermediate
Prerequisites
Foundational or basic understanding of fair value measurements
Conference Agenda

Explore each day’s sessions and activities, plus our lineup of expert speakers.

System Requirements
View our system requirements here
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

Cancellation Policy
View our Cancellation policy here
AICPA & CIMA Fair Value Measurements Workshop (April 2021)
Apr 22 - Apr 23, 2021
Select from the following options:
Online
$1,815.00
Nonmember Price
$1,815.00
Price excluding sales tax
$1,815.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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