What is the primary outcome expected from conducting a parallel valuation?

Conducting a parallel valuation primarily serves to ensure accurate financial reporting, particularly in environments where multiple accounting standards or valuation methods are applied simultaneously. This approach is often used to meet both local and international accounting requirements, allowing organizations to present financial information that is compliant with varied regulatory frameworks, such as IFRS and GAAP.

By employing parallel valuation, businesses can maintain transparency and consistency in their financial statements, which fosters trust among investors, stakeholders, and regulatory agencies. This method enables organizations to provide a clearer picture of their financial position and performance, aligning with the principles of accurate financial reporting.

Other options like enhanced employee engagement, increased customer satisfaction, and better product management, while beneficial for overall business operations, do not directly relate to the primary goal of parallel valuation, which focuses specifically on accurately reflecting financial transactions and asset valuations in reporting.