We keep our finger on the pulse of valuation-related regulatory developments that affect our clients to ensure we can promptly and actively communicate impacts to financial and tax reporting requirements.
Our domestic and international valuation professionals actively participate in valuation industry organizations, which allows us to contribute to setting professional standards, establish valuation best practices, and maintain the highest level of expertise in our field.
American Institute of Certified Public Accountants (AICPA)
A number of VRC professionals hold the designation of Certified Public Accountant as well as Certified in Business Valuation. PJ Patel is a frequent presenter at the AICPA Forensic and Valuation Service Conference.
American Society of Appraisers
VRC professionals are members of the American Society of Appraisers either as an Accredited Member (AM) or holding the designation of Accredited Senior Appraiser (ASA).
The Appraisal Foundation Appraisal Issues Task Force (AITF)
Chaired by PJ Patel, VRC professionals including Ed Hamilton, Chris Mellen, Justin Johnson, Phil Mastil and Larry Van Kirk are members of this voluntary group of valuation professionals who specialize in the field of valuation for financial reporting and who seek to improve the practice.
The Appraisal Foundation Business Valuation Resource Panel
PJ Patel is a member of this panel that provides a permanent assembly of representatives from diverse subspecializations within the business valuation discipline.
VRC professionals actively seek designations in this global membership association of real estate appraisal professionals including the MAI designation.
Association for Corporate Growth
Several VRC professionals serve in leadership positions in ACG including John Bintz on the Chicago Board of Directors, Walter O’Haire on the San Francisco Board of Directors and William Hughes on the International Committee. Steven Schuetz is a past Board Member.
Chartered Alternative Investment Analyst (CAIA) Association
Several VRC professionals are members of the CAIA Association including charterholders and candidates for the CAIA designation.
Several VRC professionals are members of the CFA Institute including CFA charterholders and candidates for the CFA designation.
International Association of Consultants, Valuators and Analysts (IACVA)
Chris Mellen is the Chairman of Continuing Education and an Instructor for IACVA, which provides worldwide support to professionals performing valuations or fraud deterrence engagements.
Financial Executives International (FEI)
VRC professionals participate in and support local FEI chapters including professional development presentations and serving in chapter leadership positions.
International Accounting Standards Board (IASB)
VRC’s U.S. offices, along with VRG’s offices outside the United States, provide valuations that support the financial requirements outlined in the International Financial Reporting Standards (IFRS).
International Institute of Business Valuers (iiBV)
Our Canadian VRG affiliate partner, Peter Ott, holds the Vice Chair position on the iiBV Board of Directors.
Royal Institution of Chartered Surveyors
Our United Kingdom VRG affiliate partner, Kelvin King, is the current Chairman RICS Business and IP Valuation Group. VRC professionals who are RICS members hold the designation of Chartered Valuation Surveyor.
SEC Professionals Group
VRC professionals participate in and support both the national and local SEC Professionals Group chapters including professional development presentations.