Here’s what you’ll see:
- “Red Flags Appear in BVR’s DLOM Survey Results” (BVR Editor). There are a number of areas of concern in the responses to BVR’s recent survey on methodology and practice for estimating a discount for lack of marketability (DLOM).
- “Insiders Examine Michael Jackson Estate Valuation Dispute” (BVR Editor). Testifying experts for the estate give their main takeaways from this fierce dispute with the IRS.
- “Mercer Predicts a Shakeout in the U.S. BV Credentialing Landscape” (BVR Editor). Intense competition will trigger a consolidation among the three business valuation credentialing organizations in the U.S., predicts Chris Mercer (Mercer Capital), speaking at the recent NACVA conference.
- “Examining the ‘Reasonably Objective Basis’ Concept for Projections” (BVR Editor). Recent developments have raised the bar with respect to how valuation analysts document financial projections and forecasts with regard to a “reasonably objective basis.” But what exactly is this concept and where can analysts look for specific guidance.
- “SEC Comment Letters Reveal COVID-19 Impacts—and Much More” (BVR Editor). How to benefit from the great deal of useful information about fair value measurement issues in comment letters the Securities and Exchange Commission (SEC) sends after it reviews public companies’ financial statements and disclosures.
- “How Recent Insolvency Reform in the UK Impacts Business Valuations” (BVR Editor). Driven by the pandemic, the Corporate Insolvency and Governance Act (CIGA) 2020 is the largest reform to insolvency law in the United Kingdom in over 20 years. Although targeted to large companies, the impact on business valuation methods and standards will likely trickle down to smaller firms.
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 September 2021 issue of Business Valuation Update.
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