Matt Stelzman (Henderson Hutcherson & McCullough) was one of the first to highlight, on his blog Business Valuation Insight, that NACVA and IBA memberships’ ratified the new principles-based standards developed jointly by a team representing both organizations.  “ This represents “one giant leap” for the business valuation community at large,” writes Stelzman.  The standards become effective June 1, 2011.

An interview with IBA executive director Howard Lewis about the new standards will appear in the April issue of Business Valuation Update.