Financial Instruments Performance Framework
The Financial Instruments Performance Framework course provides a foundational understanding of the scope of work and documentation standards required when valuing financial instruments. It focuses on how valuation professionals can apply the Financial Instruments Performance Framework (FIPF) to produce consistent, transparent, and supportable fair value estimates.
CPE Credit
2.0 Hours
DELIVERY METHOD
Self-Study (On Demand)
LEVEL
Basic
PREREQUISITES
None
PRICING
$119.50 per year
Course Description
The Financial Instruments Performance Framework course introduces accounting and valuation professionals to the principles and requirements of the FIPF, a framework developed to enhance consistency, transparency, and rigor in financial instrument valuations. Participants will explore how the framework defines the appropriate scope of work and documentation needed to support fair value measurements for financial reporting purposes.
This course also examines the purpose, structure, and benefits of the FIPF, including how it supports compliance with professional standards and improves the reliability of valuation outputs. By understanding these concepts, professionals can strengthen the quality of their valuation processes and better meet the expectations of auditors, regulators, and stakeholders.
What You’ll Learn
By the end of this course, you will be able to:
- Understand the purpose, scope, and primary objectives of the Financial Instruments Performance Framework
- Identify the documentation and reporting requirements for fair value measurement engagements
- Apply the principles of professional competence and skepticism in valuation work
- Analyze the benefits of standardized valuation practices for financial instruments
- Evaluate the components required in a compliant and supportable valuation report
Who This Course Is For
This course is designed for:
- CPAs and accounting professionals involved in financial reporting
- Valuation professionals and analysts working with financial instruments
- Auditors responsible for reviewing fair value measurements
- Financial professionals involved in complex financial instrument analysis
- Internal auditors and risk professionals overseeing valuation processes
Key Topics Covered
- Purpose and objectives of the Financial Instruments Performance Framework (FIPF)
- Scope of work and documentation requirements for financial instrument valuations
- Benefits of the FIPF for valuation professionals and stakeholders
- Fair value measurement principles and financial reporting considerations
- Professional competence, skepticism, and governance in valuation engagements
- Required elements of valuation reports and supporting documentation
- Framework structure, including engagement guidance and technical standards
Why This Course Matters
Financial instruments play a significant role in financial reporting and investment decision-making, making it essential for accounting professionals to understand how their performance is measured and evaluated. A structured performance framework helps professionals assess financial instruments consistently while aligning with reporting standards and analytical best practices.
A strong understanding of financial instruments performance improves the ability to interpret results, evaluate risk and return, and support informed decision-making in complex financial environments. For additional guidance on accounting standards and financial reporting considerations, professionals may refer to resources published by the Financial Accounting Standards Board (FASB).
Explore additional Accounting CPE Courses to further strengthen your expertise in financial reporting and financial instruments analysis.
Pricing & Access
$119.50 per year — Unlimited CPE Access
When you enroll, you receive full access to all courses in our catalog for one full year, including this course and every other available offering.
Unlike many CPE providers, we do not charge by the credit hour and we do not impose course expiration dates. Once you’re enrolled:
- All courses are included — no per-course or per-credit fees
- Your access lasts for a full year from your enrollment date
- Your completed course certificates remain available in your portal
- You can complete courses at your own pace, on your own schedule
This single annual enrollment gives you the flexibility to earn CPE hours when you need them — without worrying about expiring credits or additional costs.
Frequently Asked Questions
Is this course NASBA-compliant?
Yes. This course meets NASBA CPE requirements.
How is the course delivered?
On-demand, self-study format with quizzes for knowledge checks.
Can I complete this course at my own pace?
Yes. You may start, stop, and resume the course as needed.
