Fair Value Event Series Appraising, Accounting, and Auditing Three Partners in a Troubled Economy - Chicago, IL

With all of the current financial uncertainty in the world, it is more vital than ever that assets - tangible and intangible – and liabilities are consistently and accurately valued. Heightened attention – by industry and regulators, across all asset categories – to this need presents a tremendous opportunity for the Appraisal profession. Understanding the value of a firm\'s assets and liabilities as viewed by the market is at the core of Fair Value Accounting.

Our multi-city seminar will provide an overview of Fair Value Accounting, and industry leaders will discuss the ramifications of Fair Value Accounting for valuing all assets and liabilities. The seminar will also point up the importance of interdisciplinary efforts and global standards. This seminar is one way that the appraisal profession can work together to be one Voice for Valuation.

Date:
May 6, 2009

Time:
2:30 p.m. - 3:15 p.m. Register
3:15 p.m. - 4:45 p.m. Program
4:45 p.m. - 5:15 p.m. Discussion Questions
5:30 p.m. - 6:30 p.m. Cash Bar/Reception

Location:
Venue Location:
DePaul University
1 E Jackson Blvd
Room 8005 (8th Floor)
Chicago, IL 60604

Reception Room:
DePaul Club – 11th floor of same building.

Cost:
$40
(Hors d'oeuvres will be served)

RSVP:
Click here to download the RSVP form (PDF) or email zkhaze@rics.org


Moderated by:

• Brian Glanville, FRICS, CRE, MAI, Managing Director, Integra Realty Resources

Speakers Include:

• Don Dorchester FRICS, CRE, MAI, Senior Director, Cushman & Wakefield
  
• David Jenkins, FRICS, President, Research, Valuation, The Altus Group
• Bruce B. Bingham, FASA, Executive Director, Capstone Advisory Group, LLC

Topics to be discussed:

• Brief history of RICS Valuation Council
• Myths and truths about Fair Value and Market Value
  
• Applications and distinctions
• Uses of valuation
• U.S. and International Accounting Concepts
• Changes to US Accounting Standards (SFAS)
• International Accounting Standards (IFRS)
• Relationship between SFAS and IFRS
• Impact of Accounting Rules on Valuation (SFAS141, 142, 157)
• Valuation for Financial Reporting
• International Valuation Standards

Panel Discussion:

• Relationship between accountants and valuers
• International markets & implications
• Valuations in current economic environment
• Strengths, Weaknesses, Opportunities, and Threats for valuation profession