The AICPA’s Statement on Standards for Valuation Services , Valuation of a Business, Business Ownership Interest, Security, or Intangible Asset (VS sec 100), establishes valuation standards that are mandatory for all AICPA members ‘who are engaged to, or, as part of another engagement, estimate the value of a business, business ownership interest, security, or intangible asset’.[1]
The purpose of this toolkit is to focus on paragraph 43 of VS sec 100 – Subsequent Events. The content of this paragraph is