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ASA BV Standards Updated

Posted by evalang on 09/15/2008 - 20:45
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By Eva Lang

The Business Valuation Standards of the American Society of Appraisers have been updated for the first time since 2002. In addition to a new standard on Intangible Asset Valuation, the ASA BV Standards subcommittee chaired by Chris Mercer, made a number of "housekeeping" changes to clarify and correct issues with the existing standards. You can read the full text of the new standards on the ASA website at http://www.bvappraisers.org/standards/bvstandards.pdf.

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Gail Perry, CPA
Editor-in-Chief, AccountingWEB
editor@accountingweb.com