Judge David Laro addresses 1998 AICPA Conference

Business Valuation UpdateVol. 4 No. 12
Special Reports
December 1998
valuation profession news
american society of appraisers (ASA), intangible assets, discount for lack of marketability (DLOM), fair market value (FMV), market approach, institute of business appraisers (IBA), capital asset pricing model (CAPM), american institute of certified public accountants (AICPA), marketability, guideline companies


Judge Laro emphasized the importance of valuation in the tax context with an impressive statistic: Taxpayers file approximately 15 million forms per year with a valuation of some property included.