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Sundry Asset Compliance Manual
The Compliance Manual is a 200-page reference work has become a Bible of sorts for operations, compliance and business line executives at banks and brokerage firms. It features Federal rules and regulations detailing how Sundry Assets (such as private company stocks, partnership interests, real estate mortgages, insurance policies etc.) should be priced and managed. The Guide includes sample policies, forms etc..
Revenue Ruling 59-60
Revenue Ruling 59-60, promulgated in 1959, addressed a desire by the Internal Revenue Service to set forth fundamental issues appraisers should consider when valuing a privately-owned business for estate and gift tax purposes. Rev. Rul. 59-60 is not a "how-to"; rather, it is an excellent discussion of eight broad factors the appraiser should take into account to reach a value conclusion.
Interesting Articles
A selection of articles we found interesting and think you will, too.