The Philippine Association of Realty Appraisers, Inc. (PARA) conducted a rerun of the webinar titled Expanding the Valuation/Appraisal Horizon last 10 July. Strategy and Transactions Partner Marie Stephanie Tan-Hamed (MTH) was among the speakers who led a discussion on Valuation for Financial Reporting. The other speakers shared insights on Philippine property market updates, property measurement standards, green building and sustainable design, and amending the Anti-Money Laundering Act.MTH with the other speakers and participants at the webinar
MTH provided an overview of valuation concepts, appraisal methods and developments in Philippine Financial Reporting Standards (PFRS) on Fair Value Measurement. She then shared insights on how appraisers can properly issue fair value measurements in compliance with PFRS and the requirements on financial statements disclosures.