Steven J. Sherman discusses the role of the International Valuation Standards Council and how it differs from that of the accounting standard setters. Mr. Sherman also provides his thoughts on the large number of restatements by public companies in recent years due to valuation issues.
The Take 15 Series is a series of short interviews with leading practitioners on timely topics focused on the investment profession.
About the Speaker(s)
Steven J. Sherman is a partner in KPMG’s economic and valuation services practice. He is also chair of the standards board of the International Valuation Standards Council. Mr. Sherman has presented lectures for a number of organizations, including the American Society of Appraisers, Kellogg Graduate School of Management, and Economic Development Council of Chicago. His work has been published in a number of newsletters and journals, including Financier Worldwide, Business Valuation Review, and the Dealmakers Journal. Mr. Sherman holds a BBA degree in accounting from Ohio University and an MBA degree from the Kellogg Graduate School of Management at Northwestern University.