Here’s what you’ll see:

• “Young BV Practitioners Speak Out About the Profession” (BVR Editor). You may be surprised at the comments from a panel of young valuation experts who were asked to give their perspectives on the profession at the recent Business Valuation and Financial Litigation Super Conference hosted by NACVA in Salt Lake City. 
  
• “Valuation Considerations in High Inflationary Environments” (William Harris, ASA, CFA, Trugman Valuation). With inflation at its highest level since the Great Inflation, valuation analysts will have to consider macroeconomic factors that have not been present in the US economy in over 20 years. 
• “Accounting for Inflation in the Income Statement Forecast” (William Harris, ASA, CFA, Trugman Valuation). An example from an actual engagement that demonstrates the manner in which inflation can impact a valuation. This is a companion to the above article. 
  
• “Recap of NACVA’s Summer 2022 ‘Super Conference’” (BVR Editor). Business Valuation Updatetraveled to Salt Lake City for the Business Valuation and Financial Litigation Super Conference hosted by the National Association of Certified Valuators and Analysts (NACVA). This is a recap of some of the sessions we attended. Several sessions deserved longer treatment, so we’ve devoted separate articles to them (also in this issue).
  
• “Mercer Examines the State of the BV Profession” (BVR Editor). In a keynote address at the Business Valuation and Financial Litigation Super Conference hosted by the National Association of Certified Valuators and Analysts (NACVA), Chris Mercer (Mercer Capital) addressed the aging of the profession, consolidation, how the VPOs are adapting, and what the future might hold for valuation theory.
  
• “Key Industry Updates for Various Types of Stores and Retailers” (BVR Editor). The economy, high inflation, the Russia-Ukraine war, and the pandemic continue to impact firms in all industries, so it’s important for valuation analysts to keep up with these developments. Here are some recent and very targeted updates for various retail stores from the Vertical IQ industry research platform. 
  

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”; and
  
• BVLaw Case Update: The latest court cases that involve business valuation issues.
  

To stay current on business valuation, check out the October 2022 issue of Business Valuation Update.