KARACHI -- Director General, Customs Valuation
, Syed Tanveer Ahmed assured that data base will be prepared with consultations of all stakeholders to avoid problems of valuation
at the time of customs clearance.
The statement is expected to provide benefits to members, to members' valuation
clients, to third parties who rely on valuation
reports, and to the general business valuation
The three-year effort--which is part of the Military Equipment Valuation
(MEV) Initiative--marks a change in the way the Department does business.
Are facade preservation easement valuations
a primary segment of your appraisal business?
It is clear that financial accounting standards will continue this migration toward fair value measurement, which will make valuation
an increasingly important consideration in complying with financial reporting requirements.
Reasonable in theory, valuation
discounts sparked IRS scrutiny--and for good reason.
However, the accounting literature offers little guidance on when these assets should be separated and how to determine the separate valuations
. This lack of guidance may in some cases result in questionable or inappropriate practices, such as including projected income from cross-marketing activities in the valuation
of financial instruments.
Despite these different types of valuations
, an informal report is not simply a "quick-and-dirty" estimate--both formal and informal reports require a great deal of analysis.
Five years ago, high concentrations in both variable and fixed products contributed significantly to market valuations
. By early 2002, however, this contribution had eroded completely, and incremental growth in the annuity business was no longer rewarded with increases in valuations
The purpose of this article is to cast light on the competing forces at work in valuations
, rather than to divine the "correct" answer.
The AICPA Business Valuation
Hall of Fame Award recognizes individuals whose achievements and contributions have significantly advanced the business valuation
discipline and enhanced the valuation
profession for CPAs.
Basis100 has been providing valuation
technology to the IRS since March of 2000 in a pilot program.