AIRA's Board of Directors developed and approved Standards for Distressed Business Valuation effective March 1, 2014 for all members. The Standards apply when performing engagements to estimate value that culminate in the expression of an opinion and/or conclusion of value in matters involving business turnaround, restructuring, bankruptcy and insolvency.
Members not already in the CDBV program that have recently spent significant time on engagements or services involving valuation of distressed assets are encouraged to contact Jim Lukenda jlukenda@aira.org to find out how the CDBV program could benefit your practice.