BV173-WEB - Market Participant Acquisition Premiums (MPAP) for Financial Reporting
Category: Business Valuation
Continuing Education: 2
Registration
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Webinar Course Description
Fair value measurements have become an integral part of
the financial reporting landscape over the past 25 years. But during this time,
the significant variance of practice surrounding control premium definitions and
measurements surfaced as a frequent challenge for companies, their auditors,
and, increasingly, Securities and Exchange Commission (SEC) and Public Company
Accounting Oversight Board (PCAOB) regulators.
In response to this problem, The Appraisal Foundation
sponsored a Working Group to address the topic of control premiums as applied in
valuations performed for financial reporting purposes. The foundation recently
released the final Valuation for Financial Reporting (VFR) Advisory.
This webinar will discuss the new document, including
the newly defined term, the market participant acquisition premium (MPAP), and a
general framework for its use.
Course Audience
Professionals involved with Fair Value measurements in the U.S financial reporting setting
NASBA and Continuing Professional Education (CPE) Credit
The American Society of Appraisers is registered with
the National Association of State Boards of Accountancy (NASBA) as a sponsor of
continuing professional education on the National Registry of CPE Sponsors.
State boards of accountancy have the final authority on the acceptance of
individual courses for CPE credit. Complaints regarding registered sponsors may
be submitted to the National Registry of CPE Sponsors through its website
www.learningmarket.org.
CPE Credit: Two (2) Hours in Specialized Knowledge
Program Level: Intermediate
Delivery
Method: Group-internet based courses are approved for CPE
Prerequisites: None
Advanced Preparation: None
Policies: ASA's Refund and Cancellation Policy and ASA's Complaint
Resolution Policy
Instructor Information
Andrew S. Fargason
| Managing Director | Stout Advisory
Mr. Fargason has extensive experience domestically and
internationally in valuation and mergers & acquisitions. His asset and
business valuation experience encompasses a broad range of industries. Mr.
Fargason has valued equity, debt, and derivative securities (including stock
options, warrants, and various embedded derivatives), as well as a variety of
intangible assets, for numerous purposes including purchase and sale advisement,
financial and tax reporting, fairness and solvency
opinions, and other corporate, tax and litigation related matters.
No prerequisites for this course.
Agenda
There following topics will be discussed:
- Background
- Overview of WG3 Efforts
- Example
- Putting theory into practice
- Summary
Learning Outcomes
Upon completion of this course,students will be able to:
- Define the new term, MPAP;
- Describe the general concepts behind suggested treatment of the control
premium in a financial reporting setting;
- Apply the new framework to support an MPAP; and
- Identify the presence of absence of premium drivers in a given valuation
setting.