Financial Instruments Performance Framework

Overview

Focuses on the scope of work and extent of documentation that professionals should apply to their valuations of financial instruments under the FIPF.

Highlights

Key Topics

• Purpose of the Financial Instruments Performance Framework (FIPF)
• Benefits of the FIPF
• Scope of work and documentation under FIPF

Prerequisites

None

Designed For

Who Will Benefit

• Practitioners and members in industry responsible for accounting and financial reporting

Objectives

Learning Outcomes

• Recall the purpose, primary goal, and scope of the framework.
• Identify the primary benefits to valuation professionals and third parties.
• Recall the documentation requirements for fair value engagements.
• Identify the components of professional competence and professional skepticism.
• Identify the basic information required in a valuation report to comply with the framework.