Here’s what you’ll see in the August 2014 issue of Business Valuation Update:

• Best Practices for Fund Valuations Amid Ongoing SEC Crackdown (BVR Editor): Status of the exams by the Securities and Exchange Commission of private funds that includes scrutiny of valuation issues. Includes a rundown of recent SEC enforcement action settlements with funds over valuation issues and best practices to follow.

• Unique Aspects of Wineries Make Valuation a Challenge (Keith Myers, CPA, ABV, CFF): The author examines the nuances of winery operations that make them different from other manufacturing firms.

• A Daubert Defeat Does Not Always Ruin a Valuation Career (BVR Editor): A review of Daubert cases examines the reasons why experts are excluded—some of which are outside the control of the expert.
  
  
• Convergence in International Standards Continues to Gain Steam (Sean R. Saari, CPA/ABV, CVA): Progress related to valuation standards convergence in the wake of the revenue recognition standard jointly developed by the FASB and IASB.

• BVU Profile: Gray Areas Make Valuation an Attractive Career Choice (BVR Editor): An interview with Sean R. Saari, CPA/ABV, CVA, a principal at Skoda Minotti (Mayfield Village, Ohio).

• Seven Cases to Read Before Writing Your Next Valuation Report (BVR Editor): At a recent NYSSCPA conference session, former IRS official Howard Lewis (International Society of Business Analysts, RiskGuidance Co. LLC) pointed out court cases that can teach important lessons on crafting a defensible valuation report.

To read these articles—plus a digest of the latest court cases—see the August issue of Business Valuation Update (subscription required).