VFR Preparedness for Valuation Professionals

In the organization’s latest video, the Appraisal Institute invited Robert “Bob” Dietrich, MAI, and Kyle Redfearn, MAI, to discuss the opportunities for appraisers in valuation for financial reporting, the challenges associated with VFR, how appraisers can reach out to potential VFR clients, and misconceptions about VFR.

valuation_for_financial_reportingAI: What opportunities exist for appraisers in VFR?

KR: Valuation for financial reporting is a source of business that is often overlooked by appraisers. Opportunities exist in purchase price allocations,impairment testing and capital lease testing. Purchase price allocation work is becoming commoditized, and appraisers need to think outside the box when it comes to larger portfolios. This is a new type of service for many appraisers, but there is definitely money to be made.

AI: What are the biggest challenges with VFR?

BD: There is a fear factor in this area, and appraisers can be intimidated — especially when it comes to using fresh start accounting. This discipline may seem highly specialized, but it really isn’t. However, VFR assignments could be difficult for one-person shops because this is a multi-area discipline. [Read more…]

Annual Meeting Registration Opening Next Month

blog_presidentheadersAs this will be my last monthly message, I wanted to take a moment to express what an honor it has been for me to serve as the 2012 president of the Appraisal Institute. The collective efforts and dedication of our members to the Appraisal Institute and to the valuation profession have made the past year a memorable and worthwhile experience … and I am very grateful to everyone for their commitment to the Appraisal Institute.

Registration for 2013 Annual Meeting

The Appraisal Institute will open registration Jan. 28 for the 2013 Annual Meeting, which will be held July 23-25 in Indianapolis. AI Annual Meeting attendees will experience first-class education and exciting networking options, the opportunity to earn Appraisal Institute CE credit and state credit, and the chance to explore the many sports, shopping, nightlife and other social activities in Indianapolis. To learn more about the 2013 Annual Meeting, visit www.appraisalinstitute.org/aiconnect. [Read more…]

Appraisal Institute Past President Discusses the Future of Valuation for Financial Reporting in Latest YouTube Video

Appraisal Institute Past President, Leslie Sellers, MAI, SRA, discusses the future of valuation for financial reporting. Watch the latest YouTube video.

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