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
BVU News and Trends October 2019
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends October 2020
Business valuation news from a global perspective.
Global BVU News and Trends March 2021
Business valuation news from a global perspective.
BV News and Trends May 2021
A monthly roundup of key developments of interest to business valuation experts.
‘Absurd’ CAPM, Size Impact, ‘Sense Checks,’ and Family Firms Highlight the ICAEW Conference
Excellent speakers and interesting topics were on hand at the valuation conference of the Institute of Chartered Accountants in England and Wales (ICAEW) in the United Kingdom.
BV News and Trends June 2022
A monthly roundup of key developments of interest to business valuation experts.
BV News and Trends April 2022
A monthly roundup of key developments of interest to business valuation experts.
BV News and Trends March 2022
A monthly roundup of key developments of interest to business valuation experts.
Market Multiple Adjustments: Get a Grip on GRP
A follow-up of an earlier article that focuses on the attributes of growth, risk, and profitability (GRP) in a benchmark analysis of guideline companies.
Discount Rate, Risk & Economic Damages: Practical Considerations
When calculating damages awards in litigation, it is undisputed that the plaintiff’s projected economic losses must be discounted to their present value to avoid over-compensating for the harm caused by a defendant’s wrongful act.
Business Valuation Year in Review 2017
It was another eventful year for the business valuation profession, and here’s a wrap-up of notable developments of 2017.
Determining a Distressed Debtor Company Discount Rate (Part 2)
The cost of capital represents the required return that must be earned if the value of the entity at issue is to remain unchanged. Cash flows are discounted at the cost of capital to determine the value of the emerging entity. A debtor company’s capital ...
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 ...
New Fair Value Regs and Credentials Highlight ASA Event
There was record attendance at the American Society of Appraisers’ 12th Annual Fair Value Conference at the University of Southern California in Los Angeles. The reason for the large turnout is the growing importance of fair value for financial reporting ...
Growing Status of Fair Value Sparks Record Attendance at ASA FV Conference
The growing importance of fair value for financial reporting and the ongoing efforts to improve the quality in this area of practice triggered a sell-out for the ASA/USC 13th Annual Fair Value Conference held May 10 in Los Angeles. Here’s a recap.
BVU News and Trends May 2019
A monthly roundup of key developments of interest to business valuation experts.
BVU News and Trends February 2019
A monthly roundup of key developments of interest to business valuation experts.
Using Industry Benchmarks to Establish Secure Negotiating Positions for M&A Purposes
M&A parties are often at odds with the valuation, causing many deals to ultimately fall apart. One solution to this dilemma is to select a multiple based on how the subject company compares to industry benchmarks. The authors include a discussion of a new resource: The Valuation Benchmarking Platform.
Musings on the Cost of Capital
A veteran appraiser presents an interesting retrospective on the cost of capital and offers some observations on current practice.
BVU News and Trends April 2020
A monthly roundup of key developments of interest to business valuation experts.
A Veteran Valuer’s Guidance on COVID-19 and the ‘Soul’ of a Business
An interview with Robert Schlegel, FASA, MCBA (Houlihan Valuation Advisors), in which he gives his perspectives on our current economic environment and how that affects the business valuation community.
25 Tips on Dealing With COVID-19 From the NACVA Conference
COVID-19 was a hot topic of discussion in a number of the sessions at the NACVA and the CTI’s 2020 Business Valuation and Financial Litigation Super Conference, which was held online over five full days (June 15-19).
Highlights of 2020 Delaware Valuation Decisions
This article discusses two 2020 Supreme Court decisions and eight decisions by the Court of Chancery.
Global BV News and Trends February 2022
Business valuation news from a global perspective.
The Implied Private Company Pricing Model (IPCPM) Ko = (FCFF1 / P) + g
Editor’s Note: The authors have developed a model designed to be more reliable than the build-up method for estimating the cost of capital of a small privately held business. This model uses the authors’ new Implied Private Company Pricing Line 2.0 (IPCPL ...