Session 12: Equity Investments: Valuation Models Reading 44: Private Company Valuation
LOS l: Explain the role of valuation standards in the valuation of private companies.
Which of the following best describes the implementation of private company valuation standards?
A) |
Industry groups mandate compliance. | |
B) |
Compliance is usually at the discretion of the appraiser. | |
C) |
The federal government mandates compliance. | |
One of the challenges involved with the implementation of appraisal standards is that compliance is usually at the discretion of the appraiser because most buyers are still unaware of their existence. |