Scope
Attend board meetings, understanding of the valuation documentation and suggestions and recommendations as advice to the board of Directors.
Purpose
- To help board of Directors make their valuation decisions in line with the valuation rules applicable in the specific jurisdiction and International Valuation Standards.
- To monitor their valuation footprint.
- Reduce the impact of year-end adjustments.
- The board of directors can also demonstrate that it has the assistance of an independent expert to fulfil the qualification skills in line with substance requirements.
Deliverable
Memorandum.