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.
Analysis of nonfinancial matters adds value to appraisal
The perceived value of a middle market company might be several million dollars difference if measured by two different valuation firms based on their individual experience, competence and t ...
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 ...
Business valuation tax law book now is finally complete
It has taken over four years since Judge David Laro and I first conceived a joint book, but he and I finally finished the page proofs last week.
2003 in review: many developments in tax and divorce; other BV issues
When I looked back over the 2003 issues of this newsletter, I was surprised at the number and variety of developments significant to the business valuation profession.
Estate of Jelke is a poor decision for taxpayer
Estate of Jelke, a C corp holding a portfolio of stocks, had these issues before the Tax Court: (1)Amount of discount for trapped-in capital gains (2) Amount of discount for lack of control and (3) Amount of discount for lack of marketability.
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 ...
2000 in review: Tax Court FLP rulings, 3 books, much more
The U.S. Tax Court came out with a series of very favorable family limited partnership (FLP) rulings. Business Valuation Resources took several steps to better serve our constituents, and three ne ...
Lack of marketability discounts suffer more controversial attacks
The apparently well-meaning Drs. John Kania and Mukesh Bajaj are at it again, espousing discounts for lack of marketability for stocks of closely held companies that are a fraction of those encountered in the real world.
Future interests fail to be eligible for gift exclusion
I'm relinquishing my Editor's Column space in this issue in favor of Owen Fiore's reaction to the Tax Court's opinion in a recent court case – Hackl v. Commissioner . The main issue in this case wa ...
2001 in review: BVU and J&L combine; active year in court
Databases proliferate; seven new BV books; market multiples drop As a result of subscribers' feedback from focus groups and reader surveys in 2001, we have decided to combine Judges & Lawyer ...
"Highly troubled" by Estate of Adams
I am highly troubled by several recent circumstances. You are familiar with Gross (BV Update has discussed it at length). It is clear to anyone with a modicum of financial background that ...
The Great Pass-Through Debate
2002 AICPA National Business Valuation Conference New Orleans, LA November 17-19, 2002 ...
Chapter 14
1999 AICPA National Business Valuation Conference Las Vegas, Nevada December 5-7, 1999 ...
Fair Value in Dissenting and Oppressed Shareholder Matters: How to Avoid Minefields
In this paper we will address theory and application of fair value in judicial matters regarding shareholders who dissent from a corporate action and those who avail themselves of the buy-out provision in dissolution statutes under situations of deadlock ...
Built-in Capital Gains Discount: Estate of Jelke v. Commissioner
By John W. Porter A presentation from University of San Diego School of Law Business Valuation Conference: Summit on Discount for Lack of Marketability September 18, 2008 ...
Recent Valuation Case Update
Presentation at the ASA International Appraisal Conference August 28, 2002 ...
Valuation Vignettee—Business Valuation Considerations For Construction Companies
1 Business Valuation Considerations For Construction Companies R. James Alerding, CPA/ABV, ASA, CVA Clifton Gunderson LLP Indianapolis, IN AICPA Niche Vignette 10 Key Value Drivers in Construction Companies Depth of Management Bidding Success Rates Consistent Source of Revenue Gross Profits Good History of Strong Earnings Ability to Control Labor Costs Ability to Schedule and Implement Projects Unique Ability to Serve Niche Markets Serving a Growing ...
Valuation Vignettee - Financial Institutions
2001 AICPA National Business Valuation Conference Las Vegas, Nevada December 2, 2001 ...
ESOP’s: Valuation Issues and Results of IBA Survey of ESOP Appraisers
IBA 25th Annual National Conference June 1-4, 2003 Orlando, Florida ...
Advanced Workshop on Financial Reporting for Stock Options Under 409a/123R
BVR’s 3rd Annual Summit on Fair Value for Financial Reporting Tuesday, February 2, 2010 ...
Discounts and Premiums
2004 AICPA National Business Valuation Conference Orlando, Florida November 7-9, 2004 ...
Allocation of Purchased Research and Development in an Acquisition
American Appraisal Associates 1 Allocation of Purchased Research and Development in an Acquisition Cases and Methodology American Appraisal Associates 2 Outline: o Background l APB 16: Business Combinations l SFAS 2: Accounting for R&D Costs l FIN 4: Applicability of FASB Statement No. 2 to Business Combinations Accounted for by the Purchase Method l SFAS 86: Accounting for the Costs of Computer Software to be Sold, Leased or Otherwise Marketed o The Opportunity o Valuation ...
How to Use Put Options To Determine Discounts for Lack of Marketability
American Society of Appraisers 23rd Annual Advanced Business Valuation Conference October 7-9, 2004 ...
Valuing Assets For Estate and Gift Tax Purposes: It’s in the Eye of the Beholder
By John W. Prokey, Esq. A presentation from University of San Diego School of Law Business Valuation Conference: Summit on Discount for Lack of Marketability September 18, 2008 ...
Controversial Valuation Issues in Divorce
2003 AICPA National Business Valuation Conference Phoenix, Arizona November 16-18, 2003 ...