Congratulations to Shannon Pratt (Shannon Pratt Valuations), who received the ASA Lifetime Achievement Award at the 2014 ASA-CICBV Business Valuation Conference in Toronto. The ASA honored Pratt for his legendary leadership, commitment, and dedication to excellence in advancing the business valuation profession.

Pratt, the developer of Pratt’s Stats, has authored and co-authored numerous books on business valuation, including Valuing a Business: The Analysis and Appraisal of Closely Held Companies, 5th edition; Cost of Capital: Applications and Examples (co-author with Roger Grabowski); Standards of Value (co-author with Jay Fishman and William Morrison); Business Valuation and Taxes: Procedure, Law and Perspective (co-author with the Honorable David Laro); The Lawyer's Business Valuation Handbook; and more.