f you asked any company's CFO this question, you would probably be in for a three-hour conversation. But the core duties can be summarized in just a few paragraphs. A CFO's job can be broken down into three major components: 1. Controllership duties - These make up the backward looking part of a CFO's job.
Authentic assessments, on the other hand, offer more direct evidence of application and construction of knowledge. As in the golf example above, putting a golf student on the golf course to play provides much more direct evidence of proficiency than giving the student a written test.
The Uniform Standards of Professional Appraisal Practice (USPAP) are an example of. national standards and the International Valuation Standards (IVS) are an example of. international standards. Certification Statement. The most common errors we see in appraisal and review reports have to do with certification.