Tuesday 1st September 2015
Duration: approx. 2 hours
The new fair value measurement standard applied to accounting periods ending in 2014 for the first time. This presentation reviews the standard itself as well as the scope of its application, identifying some of the practical problems which have arisen in its first year of operation.
- Reliance on experts in fair value measurement:
- qualifications of expert
- ensuring expert values in accordance with the standard – common problems
- auditing expert valuations
- Valuing financial assets:
- loan receivables generally
- effect of credit risk on receivables valuations
This webinar is suitable for auditors – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
PRESENTED BY: Nicholas Benbow, Director, William Buck, Melbourne
Pragmatic, resilient and determined, Nicholas finds assisting his clients with transformation extremely satisfying. Nicholas is passionate about finding tailored financial reporting solutions for clients with onerous disclosure requirements, so that their results reflect their business reality and are not ‘boiler-plate.’ He believes that a team approach to work is important, as is a relationship based on honesty and integrity. If you really value the person, they will trust you and take you wherever they go.
He specialises in accounting for complex business transactions, including acquisitions, divestments and restructures, particularly in situations where a business is primed to realise its growth potential. Nicholas is also very interested in the interaction between corporate governance standards, financial reporting and their inter-relationship with Corporations laws and regulations.