If you visited the BVR booth at the American Society of Appraisers International Conference in Las Vegas, you would have had the chance to chat with Gary Trugman (Trugman Valuation), who was taking a break from working on the new, sixth edition of his book Understanding Business Valuation. He explained that the entire book is being revised, but some of the notable revisions include an expanded section on personal goodwill. Also, he will add much more material on report writing that will include tips on how to write good rebuttal reports. The new edition will be published by BVR and will also include a special access link to court cases from the BVLaw platform as well as a companion website with supplemental and bonus materials that will be revised regularly.

At the BVR booth, preorders were taken for the book, which will have an early 2022 release (you can preorder if you click here).

Extra: At the conference, Trugman received the highest honor the ASA bestows—he is now a member of the ASA College of Fellows (FASA).