Melbourne – Asset Fair Value to AASB 13: bridging a gap between finance and asset managers

Asset managers and finance teams have differing commitments in the management of assets for their organisation. Asset valuations require an understanding of both perspectives to form a unique perspective that is of interest to investors, owners, tax authorities and others.

Valuations for financial reporting are required to meet AASB 13 and they in turn are derived from Valuation Standards. Valuation professionals are obliged to comply first with their industry standards and then with accounting standards. While valuations are generally understood by most the detail is complex and often leads to misunderstanding and confusion.

The presentation seeks to inform and align asset managers understanding of the language and rational of valuations.

Ben has spent over 20 years valuing and assessing balance sheet assets from a broad range of industries. Ben’s career commenced in manufacturing with Ford, then progressed to eCommerce, Asset Trading, Financing and Consulting with valuation a core discipline. He is an Accredited Senior Appraiser with the American Society of Appraisers, Certified Practicing Valuer with the Australian Property Institute, Member of the Asset Management Council and has completed a Master of Business Administrations (Executive), Master of Engineering, Bachelor of Engineering (Mech) and Grad Dip of Finance & Investment at key stages in his career.