After reviewing the a few SSVS, of the major elements required stood out me. The first was to
"Objectivity and Conflict of Interest". This important because you too close a subject is if are to of
evaluation, such as your own company, you may have a biased influence the valuation even in if
subconsciously. (AICPA, 2007) I also felt this standard along with several others aligned with GAAP
standards well as legal and ethical standards for tax professionals
Another element that drew attention was cope Restrictions and Limitations". important my "S It is
to know there if are limitations the information provided in or available for the analysis and
valuation, and so, this noted the final if is in valuation. (AICPA, 2007) If you have limitations on
informati provided, you may not able make accurate valuationon be to an at all, and it is important
to know this from the beginning and determine whether an accurate valuation can even made be
from the information available.
Then the element of "Valuation Approach and Methods" stood out well. Thises to me as was
interesting how there in are several different approaches valuations may made from, income be
approach, asset approach, or market approach. Depending on the purpose of the valuation, you
may look the information from different at angles and provide deferent information based on what
the purpose for the is valuation. (AICPA, 2007)
Three the major elements I of felt were most important the Statement in on Standards for
