BVResearch Pro
Stay appraised of all the latest business considerations in the jewelry industry! The report explains how jewelry stores operate, the nature of their revenue streams, value drivers, the industry environment, the risks involved, and other key factors.
Search Tips Expand the following panels for additional search options.
When is Fair Market Value Determined? Estate of Helen M. Noble v. Commissioner
Estate of Noble v. Commissioner was filed on January 6, 2005 .[i] In a 30 page decision, the Court gave short discussion to the reports of two experts, rather, focusing the decision on a discussion of a sale of the subject block some 14 months after the d ...
How Far Is BV in Global Alignment?
A “Lively Debate” panel hosted by the International Institute of Business Valuers (IIBV) discussed the considerations of new valuation professional organisations (VPOs) about appropriate levels of professional standards. The panel, which covered education standards and quality initiatives, was held during the annual meeting of the International Valuation Standards Council (IVSC) in Paris. Here is what you need to know about some of the insights and perceptions from valuators from around the globe.
BVA Profile: An Expatriate’s Perspective on Australian BV
BVA recently spoke with John-Henry Eversgerd, a valuation specialist in Australia with over 20 years of valuation and financial analysis experience. In the interview, Eversgerd, who is from the United States but has worked and lived in Australia since 2008, talks about the valuation industry here and makes comparisons to the larger valuation scene in America. He is one of the founders of the BVA and has launched and led a valuation practice at an Australian boutique advisory firm. He is also an Accredited Senior Appraiser—Business Valuation of the American Society of Appraisers, a Chartered Financial Analyst charter holder, and holds a Masters of Business Administration from the University of Michigan Ross School of Business.
Top 8 Nontechnical Trends of the 2015 Business Valuation Industry
KPMG’s second Business Valuation Practices Survey, which provides insight into the parameters and approaches currently followed in the business valuation profession, canvassed responses from a wide range of professionals. For the first time, the survey also covered tangible asset valuations and real estate valuations.
A Perfect Valuation Report for Tax Purposes: Missing Pieces of the Puzzle
Many articles have been written and many debates had about what makes a good business valuation report, especially when determining a market value for Australian taxation purposes. Like many valuation professionals, I believe this is not just a matter of high mathematics, where each input and variable can be easily defended by the logic of readily available theorems. Compiling a good business valuation report requires extensive knowledge of businesses and industries; an understanding of economic, financial, and political environments; technical proficiency in applying both quantitative and qualitative judgment; and wisdom in writing a meaningful report.
Indefinite Is Not Infinite—Solving a Dichotomy in Trademark Valuation
The valuation of an intangible asset is based on its useful life. For trademarks, appraisers regularly opt for an indefinite life, when no obvious factors exist that would limit the future economic life of the trademark. Almost all brands are however finite, and assuming indefiniteness can have two serious effects: one on value and one on accounting. The following article discusses such effects and suggests some guidelines and tools for how to analyse the life cycle of a brand and how to estimate its remaining useful life (RUL).
What to Do About Applying Size Premia in Australia
The size premium is an important valuation issue for two reasons: (1) it is difficult to estimate; and (2) its inclusion in deriving a cost of capital can have a material effect on the outcome of a valuation assignment. This article provides an overview of the current status of the size effect and size premia in Australia, examples of cases from Australian courts and tribunals in which size premia have been considered, and the issues and challenges faced in estimating size premia within the Australian market.
Expert’s Damages Opinion Specific Enough for Class Certification Stage
In a securities case, court applies Daubert analysis to plaintiff expert’s market efficiency opinion and event study; expert is qualified even without academic background, and his damages opinion is sufficiently specific to facts of the case and reliable.
Valuing Law Firms
In Valuing Law Firms, BVR's Industry Spotlight Series continues with an examination of one of the trickiest and, some would say, most ubiquitous professional service companies. Through their presentation, experts Ron Seigneur and Pete Peterson will review the operational characteristics of law firms, the challenges they present, and how best to overcome these obstacles in the valuation process. In addition to Seigneur's past position as CFO of a 50-attorney firm, this panel has consulted with ...
Letter to the Editor: What Are the Nuances in Unauthorized Practice of Law?
In response to Rod P. Burkert’s article, “Unauthorized Practice of Law (UPL) in BV Reports,” in the April 2012 Business Valuation Update ...
Fairness opinions: can investment bankers be genuinely independent?
I have never understood how an investment banker receiving a substantial performance fee on completion of a transaction can render an “independent” fairness opinion on the same transaction. Now critics are questioning whether investment bankers’ relationships with boards of directors may taint their independence even in cases where a performance fee is not involved in the proposed transaction. “Independence” means no financial interest Since the Tax Reform Act of 1986, companies with transactions in ESOP ...
1999 in review: What we learned in a busy year
My 30 th year in the business valuation profession ( see December 1999 BVU , p.1) was an active one in terms of development in the profession. Here are some of the highlights: l 1999 was o ...
"Practice" goodwill must be independent of the practitioner
The difference between personal goodwill and enterprise (practice) goodwill is easy to define conceptually, but sometimes difficult to measure. In this column, I will present the basic concepts ...
2002 in review: Tax Court decisions set new precedents; M&A market down
Topping the list of business valuation controversies in 2002 and continuing into 2003 was the issue of S corporation versus C corporation valuation. Three cases disallow tax-affecting ...
Institute of Business Appraisers 20th anniversary conference open with IRS attorney; closes with estate planning attorney
n LITIGATING ISSUES IN THE FAMILY LIMITED PARTNERSHIP ARENA Melanie Urban, Esq. Internal Revenue Service Houston, TX Ms. Urban opened with a declaration that there are two things that the IR ...
Trends in the Valuation of Professional Practices
2003 AICPA National Business Valuation Conference Phoenix, Arizona November 16-18, 2003 ...
Marketing Made Easy for Small and Mid-Sized Firms
Presented to The Institute of Business Appraisers “Pulling Ahead of the Pack” February 5, 2000 ...
Untangling The Web of Discounts: Marketability, Liquidity, and Control Issues in Valuation: An Empirical Estimation of Holding Period for Listed Securities
By Ashok B. Abbott, M.B.A., Ph.D. A presentation from University of San Diego School of Law Business Valuation Conference: Summit on Discount for Lack of Marketability September 18, 2008 ...
Summit on Lack of Marketability—Power Point Presentation Handout
By Ashok B. Abbott, M.B.A., Ph.D. A presentation from University of San Diego School of Law Business Valuation Conference: Summit on Discount for Lack of Marketability September 18, 2008 ...
Discount for Lack of Marketability: An Empirical Analysis
By Ashok B. Abbott, M.B.A., Ph.D. A presentation from University of San Diego School of Law Business Valuation Conference: Summit on Discount for Lack of Marketability September 18, 2008 ...
Application of the Market Approach in Valuing a Canadian Business
American Society of Appraisers 22nd Annual Advanced Business Valuation Conference October 16-18, 2003 ...
Marketing Ideas for Your Business Valuation Practice
1999 AICPA National Business Valuation Conference Las Vegas, Nevada December 5-7, 1999 ...
Valuation—An Appraiser's Perspective
New York University 58th Institute on Federal Taxation The Ritz-Carlton, San Francisco November 17, 1999 ...
Role of Liquidity in Asset Pricing
By Ashok B. Abbott, M.B.A., Ph.D. A presentation from University of San Diego School of Law Business Valuation Conference: Summit on Discount for Lack of Marketability September 18, 2008 ...
The Equity Risk Premium: A New Assessment
CICBV/ASA Joint Business Valuation Conference October 19-20, 2006 Toronto, Ontario ...