Here’s what you’ll see:

• “Business Valuation Year in Review 2020” (BVR Editor). What a year! This is a recap of developments in the business valuation profession under the shroud of COVID-19 including the latest thinking on methodologies, changes in regulations, new and updated resources, and practice-building ideas.
• “The Top Valuation and Damages Cases of 2020” (Sylvia Golden, Esq.). Our pick of valuation-related court cases includes state and federal court decisions covering many areas of law that dealt with novel issues of law or, in some way, enhanced our understanding of valuation and damages issues as they arose in a litigation setting.
• “Choose Your Client Wisely in a Bankruptcy Engagement” (BVR Editor). Robert Reilly (Willamette Management Associates) and Josh Shilts (Shilts CPA) conducted an informative session on valuations for bankruptcy at the AICPA FVS Conference.
• “New Research Paper Joins Call to ‘Let Go’ of the Size Premium” (BVR Editor). A look at the latest paper that joins mounting academic research over the recent past that shows that the size effect no longer exists—or was never there in the first place.
• “Insights From the Record-Breaking ASA Fair Value Conference” (BVR Editor). A huge audience listened to top speakers discuss current issues, company-specific risk, technology assets, preferred equity, inventory, and a regulatory update.
• “Adjusting the Income Approach Highlights AICPA FVS Conference Panel” (BVR Editor). A panel at the AICPA FVS Conference fielded a barrage of audience questions about how to help make sure the income approach captures the impacts of the current environment. The panel, moderated by Jim Hitchner (Financial Valuation Advisors), included Lisa Cribben (Wipfli LLP), Harold Martin (Keiter), and Mark Zyla (Zyla Valuation Advisors LLC).

The issue also includes:

• A full section of “BV News and Trends/Global BV News and Trends.”
• Regular features: “Ask the Experts” and “Tip of the Month.”
• BV data spotlight: “DealStats MVIC/EBITDA Trends,” “FactSet Mergerstat/BVR Control Premium Study,” “Economic Outlook for the Month,” and the “Cost of Capital Center.”
• BVLaw Case Update: The latest court cases that involve business valuation issues.

To stay current on business valuation, check out the January 2021 issue of Business Valuation Update.