An excellent lineup of speakers and topics has been announced for the 15th Annual ASA/USC Fair Value Conference on Thursday, June 18, at the offices of KPMG in downtown Los Angeles.
An update on the FASB’s revisiting goodwill amortization (by the FASB’s David Yates) will kick off the event followed by a presentation on the IVSC “Goodwill Papers,” a series of exceptional perspective papers that examine whether the principles underlying business valuations are compatible with the concept of goodwill amortization. That presentation will be from Kevin Prall (BDO), who has the byline on the papers (he is the technical director of the IVSC business valuation standards board). Other sessions include a cheap stock task force update (Amanda Miller, EY), company-specific risk premiums (Adam Smith, PwC), royalty rates and the relief from royalty method (Gary Roland, Duff & Phelps), trends in VC financing (Vincent Covrig, Crowe LLP), and updates from the AICPA (Yelena Mishkevich, AICPA) and the Pepperdine Capital Markets project (Craig Everett, Pepperdine University). BVWire attends this important full-day event every year—we hope to see you there!