Here’s what you’ll see:

• Some Key Takeaways From the ASA Advanced BV Conference. BVU attended the recent ASA event in San Antonio and got a sneak preview of the upcoming classic book on cost of capital, heard a rundown on the latest key Tax Court cases, learned how healthcare reform is transforming valuations in this industry, and much more.

• The Impact of Real Estate on the Valuation of an Auto Dealership (Adam Lawyer,CPA/ABV/CFF). Depending on how real estate is recorded in the financial statements of an auto dealership, it can have a vital impact on each of the three approaches to valuation.

• Recap of the IRS Valuation Summit 2013 (David Rosenthal, MAI, FRICS). Important developments in valuation practices in the trust and estate world were discussed at this event, presented by the Southern California Chapter of the Appraisal Institute and the CFA Society.

• Margin Pressure and Competition Are Limiting Community Bank Values (BVR Editor). An interview with Karen Kline, ASA, director of valuations at Sheshunoff & Co., who gives her insight on the current value drivers of community banks.

Find an extended discussion of all these issues--plus a digest of the latest court cases--in the December edition of Business Valuation Update (subscription required).