Financial Instruments Performance Framework

Overview

Consistency meets rigor.

Until now, there has been no guideline for standardization of valuation work on financial instruments, leading to errors and confusion. The purpose of the Financial Instruments Performance Framework (FIPF) is to ensure that valuation work conducted by Certified in the Valuation of Financial Instruments™ (CVFI™) credential holders meets rigorous professional standards and satisfies financial reporting objectives.

Part of the Certified in the Valuation of Financial Instruments (CVFI) Credential learning, this self-study course focuses on the scope of work and extent of documentation that valuation professionals should apply to their valuations of financial instruments under the FIPF. This course also examines the purpose, primary goal and benefits of the FIPF in more detail.

Objectives

• Recall the purpose, primary goal, and scope of the framework.
• Identify the primary benefits to valuation professionals and third parties.
• Recall the documentation requirements for fair value engagements.
• Identify the components of professional competence and professional skepticism.
• Identify the basic information required in a valuation report to comply with the framework.

Highlights

• Purpose of the Financial Instruments Performance Framework (FIPF)
• Benefits of the FIPF
• Scope of work and documentation under FIPF