Comments are due Sept. 26, 2017, on an exposure draft of a “disclosure framework” that establishes parameters of documentation requirements for the Certified in Valuation of Financial Instruments (CVFI) credential. Read more >>

When and whether to apply a discount for marketability in divorce valuations has been an open question in Tennessee, owing to some confusing court rulings. However, a recent amendment to the Tennessee Code seeks to provide clarity to valuators handling divorce cases in this jurisdiction. Read more >>

The brand is the single most important intangible asset in wine businesses, accounting for 17.5% of enterprise value on average, according to latest data. Read more >>

HealthCare Appraisers Inc. has just released valuation multiples of single-specialty and multispecialty ASCs based on data representing over 700 entities. Read more >>

A casual observer may look at the various business valuation standards different organizations issue and get the idea that they are at odds with each other. But that is not the case. Read more >>

The plaintiff is the “prevailing party,” a Minnesota district court recently decided, allowing the minority owner of a well-known family business to sell her share for over $40 million. The valuation trial featured high-caliber experts who disagreed about every input and assumption underlying their discounted cash flow analyses. Read more >>

We recently reported on a case in which annotated expert draft reports were subject to discovery notwithstanding Federal Rule of Civil Procedure 26(b)(4). Valuation professionals who frequently work on federal cases also need to know that Rule 26 does not protect expert notes and nonattorney communication, as an important 11th Circuit ruling explains. Read more >>

In an estate and gift tax case, the U.S. Tax Court recently sided with the Internal Revenue Service when the court found the value of assets transferred from the decedent to a family limited partnership was includible in the value of the decedent’s gross estate. The real surprise lay in the court's decision to propose a new way of calculating the includible amount. Read more >>

Here's a roundup of the latest business valuation professional and firm news, originally published in Issue #174-5 of BVWire. Liz Moreau, a partner at Broussard Poché, headquartered in Crowley, La., has become a Certified Healthcare Financial Professional. Lougen Valenti Bookbinder & Weintraub of Amherst, N.Y., has hired Thomas Schwartz as valuation manager. Read more >>

The 11th Circuit recently affirmed a four-year-old Tax Court valuation of a revocable trust’s interest in a limited partnership. The linchpin in the valuation was the marketability discount. Read more >>

A summary of the latest business valuation professional and firm news, originally published in Issue #174-3 of BVWire. Read more >>

Please take a short, five-minute survey on the use of Big Data in forensic accounting in preventing and detecting fraud. The University of Memphis is conducting research. Read more >>

New fair value regulations and the Mandatory Performance Framework (MPF) apply to everyone, not just holders of the new CEIV credential. Read more >>

A recent Tax Court case rejects an appraiser's valuation of an estate asset, and the undervaluation is enough to normally trigger penalties under IRC Section 6695A. Read more >>

The American Institute of CPAs (AICPA) has doled out its first batch of certifications for the new Certified in Entity and Intangible Valuation™ (CEIV™) credential for individuals doing fair value measurements. Read more >>

Valuators may think they know all there’s to know about quantifying the appreciation of nonmarital property by using the active versus passive framework. Think again. A recent Florida divorce case illustrates that the premature categorization of assets may lead to an improper valuation. Read more >>

The AHLA Transactions Resource Guide is a free collection of articles from leading healthcare experts that discuss significant transaction issues in the healthcare industry. Some of the authors are with Duff & Phelps, VMG Health, Wipfli, and others. Read more >>

In the recent Amazon Tax Court case, the IRS challenged the valuation of trademarks the company transferred to its overseas subsidiary. But Amazon prevailed, and here's an explanation of the comparable uncontrolled transaction (CUT) method its expert used to sift through thousands of transactions. Read more >>

Results of the “2017 Private Capital Markets Report" from Pepperdine University Graziadio School of Business and Management. BVR is a research sponsor in Pepperdine’s efforts in developing a private cost of capital method as a legitimate alternative to looking to the public markets. Read more >>