AICPA Valuation and Consulting Standards

Overview

This CPE course provides an overview of AICPA Professional Standards CS section 100 (Statement on Standards for Consulting Services No. 1) and VS section 100 (Statement on Standards for Valuation Services No. 1). The course covers:

• Consulting services (including consulting services for attest clients);
• Valuation services (including types of engagements to estimate value and valuation); and,
• Calculation engagement reporting.

Highlights

Key Topics

• Statement on Standards for Consulting Services (SSCS) No. 1
• Statement on Standards for Valuation Services (SSVS) No. 1
• Consulting services and process
• Professional judgment
• Valuation engagement and reports
• Calculate engagement report

Prerequisites

None

Objectives

Learning Outcomes

• Recall which consulting services are covered by SSCS No. 1.
• Recognize issues related to providing consulting services to attest clients.
• Identify the types of engagements performed under SSVS No. 1.
• Recall the valuation approaches discussed under SSVS No. 1.
• Recall the types of valuation reports allowed under SSVS No. 1.