Scheda

The Public Statement on the Importance of High-Quality Valuation Information in Financial Reporting emphasizes the need for international consistency and quality of valuation information included in financial reporting to provide investors with relevant and reliable financial information. Financial statements may often contain elements that represent or are derived from valuation information. As a result, it is important that issuers have robust and sound practices in place to support the development of high-quality valuation information for financial reporting, and external auditors apply sufficient procedures to assess an issuer’s valuation information within its financial reporting as part of the financial statement audit.