
Auditing Complex Valuations
Association of Public Pension Fund
Auditors
Professional Development Conference
May 3, 2011
8:30-10:15 a.m.
The current economy has presented a lot of challenges to the already complex world of valuations. We have seen over the last several years active markets of both traditional and non-traditional investments come to a standstill or practically dissolve altogether. Impairment has come to the forefront of accounting issues and is one of the most difficult to assess and determine. This has presented a tremendous challenge to both internal and external auditors as they try to understand the complexities of the valuations and assess the reasonableness of the conclusions. This presentation will focus primarily on valuations where there is limited or no market activity and provide you with the tools needed to navigate through these valuations and understand their risks.
