CVFI and the New Financial Instruments Performance Framework

Financial accounting & reporting

Video

CVFI and the New Financial Instruments Performance Framework

Speakers: Mark Smith, CPA, Senior Manager, AICPA, Durham, NC; Jeffrey Scroggs, Ph.D., Senior Manager, AICPA, Durham, NC; Susan DuRoss, Executive Director, Global Valuations, Harvest Investments, Burr Ridge, IL

  • Format

    Video

  • Level

    Intermediate

  • Duration

    50m

This presentation provides guidance from the new Financial Instruments Performance Framework (FIPF) of the Certified in Valuation of Financial Instruments™ (CVFI™) credential. We will guide you through the new documentation and performance requirements.

Learning outcomes

  • Recall the purpose and primary goal of the framework.
  • Identify the basic information required in a valuation report to comply with the framework.

£35.00 (CIMA members only)

£45.00

VAT calculated on checkout

Product information

Overview

This presentation provides guidance from the new Financial Instruments Performance Framework (FIPF) of the Certified in Valuation of Financial Instruments™ (CVFI™) credential. This is a non-authoritative framework that defines scope of work and extent of documentation that valuation professionals can apply to their valuations of financial instruments. During this presentation, you will be guided through the new documentation and performance requirements.

Professional development

All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:Basic knowledge of, or general experience in, forensic accounting, business valuation, or litigation
Programme level:Intermediate
Duration:50m
Format:Video
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£35.00 (CIMA members only)

£45.00

VAT calculated on checkout

Speakers

  • Mark Smith, CPA, Senior Manager, AICPA, Durham, NC

    Mark Smith is a senior manager in the AICPA’s Forensic and Valuation Services Section and based in Durham, NC. He is the AICPA’s liaison to the FVS Business Valuation Committee, participates on the PE/VC task force, and works closely with internal and external valuation professionals on the Certified in Entity and Intangible Valuations (CEIV) initiative. Mark started his career working several years for a NYC based private wealth management firm providing estate & gift tax consultation services. Prior to joining the AICPA, Mark worked for 13 years as an audit professional. Mark received his B.A. in English from St. Lawrence University, and his JD from Albany Law School in New York. He is a certified public accountant licensed in North Carolina. Mark is also a member of the North Carolina Society of Certified Public Accountants.

  • Jeffrey Scroggs, Ph.D., Senior Manager, AICPA, Durham, NC

    Dr. Jeff Scroggs, Senior Manager, oversees the AICPA's Financial Instruments initiative, providing leadership for the CVFI certification. He is passionate about blending negotiation and quant finance knowledge. Prior to his role at the AICPA, he was Associate Professor for 27 years and Graduate Director of the Masters of Financial Mathematics (MFM) at NC State University for 11 years. When he started with the newly created MFM, it had 9 students and was not on the national/international radar. Jeff's PhD in Computer Science was earned at the University of Illinois Urbana-Champaign in the area of numerical methods utilizing high-speed parallel computing.

  • Susan DuRoss, Executive Director, Global Valuations, Harvest Investments, Burr Ridge, IL

    Susan O. DuRoss Executive Director, Global Valuations Harvest Investments Susan DuRoss oversees global valuations at Harvest Investments. She ensures that all Harvest prices and levels are derived in accordance with FASB ASC 820 or applicable framework, using the highest levels and most transparent inputs available in the marketplace. She is also responsible for the development and maintenance of Harvest’s transparent pricing methodologies and report deliverables. Working in close cooperation with clients, she ensures that their individual needs are met as she helps them navigate the complexities of financial markets and reporting requirements. Susan serves on the PCAOB Pricing Sources Task Force and the AICPA Financial Instruments Task Force. She frequently presents at AICPA and other audit conferences and has also appeared as a panelist for the PCAOB Standard Advisory Group. Susan closely monitors guidance from FASB, GASB, AICPA, and the PCAOB, providing advice and instruction for audit and issuer clients. Prior to joining Harvest, Susan traded mortgage and asset-backed securities for William Blair & Co. in Chicago. She maintained an inventory of bonds and coordinated the issuance and sales of various structured products. She is exceptionally familiar with the structures and behaviors that led to the 2007 financial crisis and uniquely qualified to assist both audit and issuer clients with accurate and transparent fair value estimates for financial investments. Her first-hand experience also includes financial analysis, hedging, mark-to-market pricing, and the management of syndicate and repo books. She has also functioned in an advisory capacity for banking and insurance clients. Susan received her bachelor’s degree from the University of Michigan.