Business Valuation Update
- How to Review a Report’s Valuation Methodology
- Ideas for Solving Two Problems in the BV Profession
- How Do Your Firm’s Benefits Stack Up?
- Using Rule of Thumb Data to Uncover Cooked Books
Global BVU News and Trends July 2020
Business valuation news from a global perspective.
Global BVU News and Trends May 2020
Business valuation news from a global perspective.
BVU News and Trends March 2020
A monthly roundup of key developments of interest to business valuation experts.
BV News and Trends September 2021
A monthly roundup of key developments of interest to business valuation experts.
Recap of the Biggest BV Event of 2022—the AICPA FVS Conference
The AICPA’s plans for its forensics and valuation section, incredible frauds, an opportunity in bankruptcy, tips for determining goodwill, and the future of BV are discussed in this recap article—the first of several that will cover this biggest conference of the year.
Business Appraisers Are Well-Qualified to Assess the Seven Events and Circumstances of ASU 2011-08
Valuation professionals can still play a prominent role in assisting clients and auditors in the goodwill impairment process, Jason W. Woon (KPMG LLP) told the audience at the recent CTI/NACVA Fair Value Congress in Seattle. ASU 2011-08, introduced as an ...
BVU News and Trends March 2018
A monthly roundup of key developments of interest to business valuation experts.
BVU News and Trends December 2020
A monthly roundup of key developments of interest to business valuation experts.
Insights, Tips, and Practical Advice From the AICPA FVS Conference
A recap of some valuable takeaways on the use of market transactions, valuations for bankruptcy, valuing private debt, ESOPs, business interruption claims, virtual testimony, and much more.
BV News and Trends March 2023
A monthly roundup of key developments of interest to business valuation experts.
BVU Profile: The Challenges of Bringing a New BV Methodology Into Acceptance
Peter J. Butler, CFA, ASA, founding principal of Valtrend (Eagle, Idaho), has championed a more quantitative and empirical approach to developing the cost of capital. This approach is embodied in the Total Cost of Equity Calculator, also known as the Butl ...
IPCPL Developers Field Queries on the New Model’s Underlying Data
In the September 2013 issue of Business Valuation Update, we presented a new method designed to be more reliable in estimating the cost of capital for a privately held business with revenues less than $10 million. The method, known as the implied private ...
A simplified method to value an S corp minority interest
This article proposes a method for valuing a minority interest in an S corporation.
OPM vs. PWERM--Market Trends and Potential Pitfalls
The valuation of common stock for venture-backed, privately held companies became a headline with the IRS’ proposed—and now final—409A regulations (effective January 1, 2008). However, since then it has been the auditors’ diligent application of SFAS 123 ...
Book Review: The 2014 Valuation Handbook – Industry Cost of Capital
When my copy of the 2014 Valuation Handbook – Industry Cost of Capital (Duff & Phelps) arrived, the cover somehow struck me as familiar. I checked my library, and, sure enough, the cloth-over-cardboard cover was the same type of binding as that on my cost ...
BV News and Trends June 2023
A monthly roundup of key developments of interest to business valuation experts.
Data About the Size Premium Challenge Conventional Wisdom
Michael A. Crain, DBA, CPA/ABV, ASA, CFA, CFE, works primarily in the areas of business/ economic damage measurement, valuation of busi¬nesses and financial assets, and forensic accounting. He recently spoke with BVU about research he has been doing in t ...
BVU News and Trends May 2019
A monthly roundup of key developments of interest to business valuation experts.
Valuers Converge (in Person!) at the ASA International Conference
This is a recap of some sessions covering small promissory notes, shareholder disputes, sports businesses, valuing defensive patents, IRS news, competing appraisals, and more. Over 600 valuation experts from all disciplines came together for the American Society of Appraisers’ International Conference in Las Vegas, October 24-26. This was a hybrid event, and many of the attendees were on-site.
Twelve Practical Ideas From NACVA’s 2018 Annual Conference
There was no shortage of good ideas at the annual conference of the National Association of Certified Valuators and Analysts (NACVA) in Las Vegas this past June.
Book Review: Valuing a Business—The Analysis and Appraisal of Closely Held Companies, 6th Edition
The new edition of Shannon Pratt’s book, which gives a heavy dose of theory and has been updated by a team of 67 contributors and published by the American Society of Appraisers, is reviewed.
One Solution to the Option Pricing Overvaluation Problem: Using Down and Out Call Options
Introduction Recent articles have pointed to concerns about the validity of using option pricing models (OPM) to determine the value of common stock in 409(a) valuations. At issue is the question of whether OPMs provide appropriate methodologies to estab ...
Roundup of Recent and Planned Updates to Valuation Standards and Guidance
A recap for valuation experts, includes updated valuation standards charts, new planned guidance from the AICPA and The Appraisal Foundation, SEC rules, FASB projects, lease accounting, Rule 702, proposed legislation, and more.
BV News and Trends January 2024
A monthly roundup of key developments of interest to business valuation experts.
Practice-Building Tips From the AICPA FVS Conference
The largest event of 2024 was the AICPA & CIMA Forensic and Valuation Services (FVS) Conference. While there were many excellent technical sessions, there was good attendance at sessions that related to the management of a valuation or forensics firm or practice—a topic that is gaining in importance in the profession. This article is a recap of those sessions.