Including a Complete Sample Calculation Report And a Complete Sample Summary Report

• Using the complete sample summary report handout, the participant will learn what needs to go into a summary report that is in compliance with AICPA, ASA, IBA, NACVA and USPAP standards
• The participant will learn what is the minimal requirements for an AICPA, ASA, IBA, NACVA and USPAP calculation engagement
• Using the complete sample calculation report handout, the participant will learn what needs to go into a calculation report that is in compliance with AICPA, ASA, IBA, NACVA and USPAP standards
• The participant will learn about the potential conflict between an ASA calculation engagement and USPAP, which has no calculation level of service
• The participant will learn about the differences in terminology and definitions between the various standards

• When and how to perform
  • Limited appraisals
  • Calculation engagements
• When and how to use
  • Summary reports
  • Calculation reports
• Length of summary and calculation reports
• Standards terminology differences
  • Calculation, limited appraisal, limited opinion
  • Calculation report, summary report, letter report, preliminary report
• What goes in a summary report and a calculation report
  • Front language including: terms, definitions, disclaimers, caveats, scope of work including restrictions or limitations, sources of information, distribution, and level of reliance
  • Adherence to BV reporting standards (AICPA, ASA, IBA, NACVA and USPAP)
  • Approaches, methods and procedures used
  • Marketability and control characteristics
  • Reconciliation of values and methods
  • Conclusion of value or calculated value
  • Assumptions and limiting conditions and valuation representation/certification
• What should NOT go in to a summary or calculation report

• Audio/Video file
• Webinar transcript
• Webinar slides
• Original Webinar handouts