Strategy and Transactions Partner Marie Stephanie Tan-Hamed (MTH) was among the speakers at the Philippine Association of Realty Appraisers, Inc. (PARA) webinar series titled Expanding the Valuation/Appraisal Horizon last 17 April. With the theme Tomorrow’s Real Estate Today, the speakers shared insights on topics relevant to the future of the real estate sector such as Philippine property market updates, property measurement standards, green building and sustainable design, and amending the Anti-Money Laundering Act.
MTH led a session on Fair Value – Valuation for Financial Reporting and provided an overview of valuation concepts, appraisal methods, as well as the latest 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 statement disclosures.