I have one question for Internal Control and one for Business Valuation looking to get some answers to
1 – Business valuation can be challenging for students and new
practitioners. Experienced professionals often say it's an art that uses
some science. Certainly the profession has evolved to a higher standard of
credibility, especially in the last ten years.
Discuss the framework required by SSVS #1. Does this lead to a cookiecutter approach to valuations? Why or why not? Where do you see science
and where would artistic interpretation be involved?
2 – What is the difference between a control and a process? Why is this an