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FASB Update on Issues Affecting Business Valuation

 FASB Update on Issues Affecting Business Valuation
Program Type: VideoCast (Audio,Video, PPT Presentation)
Program Level: Update
Prerequisites: Learning activity level that provides a general review of a subject area from a broad perspective
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: One (1) Hour
Fields of Study: Accounting
Item Number: 17PBVCHI0608E
Shipping Weight: 0lbs. 0oz.
Price: $80.00
Program Description

In this webinar, a FASB staff member discusses upcoming accounting standards that may affect business valuations. The presenter covers the Private Company Council and the Board’s latest efforts related to business combinations.

Learning Objectives

After completing the webinar, attendees will be able to:

- Explain recent activities of the FASB and PCC that may affect business valuations
- Critique any feedback on standards from the valuation community

Who Should Attend

Business Professionals

Michael Cheng
Mr. Michael Cheng joined the staff of the Financial Accounting Standards Board (FASB) in 2012. Mr. Cheng serves as the Private Company Council (PCC) coordinator where he is responsible for all PCC related matters. He also leads the board’s private company decision making framework project focused on determining whether and in what circumstances it is appropriate to adjust financial reporting requirements for private companies following Generally Accepted Accounting Principles (GAAP). Currently, he is leading a project to help the board decide its future agenda.

Prior to joining the FASB, Mr. Cheng held various management positions with PricewaterhouseCoopers (PwC). Most recently, he was an Audit Senior Manager—Private Company Services in the firm’s Stamford, Connecticut office. From 2003-2011, he also held roles of increasing responsibility in PwC’s Core Assurance divisions in Buffalo and Rochester, New York.

Mr. Cheng earned his bachelor of science degree in Accounting with a concentration in Finance from Binghamton University in Binghamton, New York.