Description: Panelists discuss prevailing business models adopted by valuation departments to meet business needs. Two case studies are discussed as a means of illustrating how to optimize business processes and models for valuation purposes.

Description: Panelists at this session of the 2000 Valuation Actuary Symposium discuss recent developments in the area of fair-value financial reporting including recent FASB developments, international accounting standards, and different approaches to valuing liabilities.