isurv authors - Choi, Steve

Record details

Author
Steve Choi
Job title and company
International Director of Business Valuation, Professional Standards, RICS
Section and channel
Biography

Steve Choi is RICS' International Director of Business Valuation. He is based in New York City and works within the International Standards team to ensure that policies, quality assurance and forward-looking strategies support RICS members to deliver global standards across the valuation profession.

With 17 years' experience in performing high-end valuation of businesses, business interests, and intangible assets for transactions, tax and financial reporting, and other strategic purposes, Steve has extensive experience in complex transaction advisory services associated with purchase price allocations, asset impairments, buy/sell agreements, divestitures, private equity and restructuring transactions. He has worked with clients in numerous industries including diversified industrial products, medical devices, pharmaceutical, biotechnology, consumer, retail, technology, and media and entertainment.

Steve is currently working on the Fair Value Quality Initiative in the US as part of a drafting committee responsible for developing the mandatory performance framework, which will be used for any professional who provides fair value measurements for the purpose of public interest reporting.

Previously Steve was employed with Ernst & Young LLP for about 13 years. He has also held positions with KPMG LLP and a boutique consulting/valuation firm. Steve holds a Master of Business Administration in Accounting from St. John’s University and a Bachelor of Engineering from Hofstra University.

Company biography

RICS is a professional body that accredits professionals within the land, property and construction sectors worldwide.

RICS regulates and promotes the profession; maintains educational and professional standards; protects clients and consumers via a strict code of ethics; and provides impartial advice and guidance.

RICS accredits 118,000 professionals and any individual or firm registered with RICS is subject to quality assurance.

RICS professionals are required to keep up to date with current practice through a programme of lifelong learning. Qualified RICS professionals are recognised by these designatory letters: FRICS (Fellow), MRICS (Member) or AssocRICS (Associate).