EY Nigeria to Host Webinar on FRC Draft Valuation Rules

Global professional services firm Ernst & Young (EY) Nigeria is set to host a webinar this week, focusing on the Financial Reporting Council of Nigeria's (FRC) draft valuation regulations. The virtual session, scheduled for Wednesday, July 29, aims to equip businesses, valuation professionals, and other stakeholders with a clear understanding of the proposed rules and how to prepare for their implementation.

The webinar, themed "Navigating the FRC Valuation Guidelines for Financial Reporting: Key Requirements and Practical Considerations," will delve into the evolving valuation landscape in Nigeria. It will examine the rationale behind the draft regulations and their significant implications for reporting entities, valuation professionals, auditors, boards, and management. EY emphasizes that the program is designed to provide participants with crucial insights into the emerging regulatory environment and actionable steps for ensuring compliance once the guidelines are enacted.

The session is particularly relevant for a wide range of professionals, including board members, CEOs, CFOs, finance directors, audit committee members, finance professionals, valuation specialists, auditors, and risk professionals. A keynote presentation will be delivered by Ugochukwu Nwora, Head of the Directorate of Valuation Standards at the FRC, who will detail the background and key requirements of the draft regulations. This will be followed by an interactive panel discussion featuring EY partners and other experts, who will address practical implementation challenges, enforcement expectations, and best practices for boards and management.