UK business valuers who prepare or review valuations within the scope of the International Valuation Standards (IVS) can make a big difference in their direction now.
May is a good month for business valuation programmes, including ICAEW’s annual event and a new free webinar series from the IVSC
A reminder to all BVWire—UK readers that the ICAEW are hosting their annual business valuation summit 20 May.
Brand intangibles can be difficult to value, particularly for smaller enterprises.
An HMRC 23 March consultation on strengthening the transfer pricing (TP) documentation requirements for auditors and business valuers indicates a continued focus by the UK tax authority on revenue-raising from TP audits.
Every business and profession is asking these questions now, but the issues for real property and business valuers are particularly complex.
17 May: IVSC Coming Out of Lockdown: The Post-Pandemic Economic Environment and Its Impact on Valuation, 13:00-14:30 (BST ...
UK business valuers don’t have to worry that their large financial data sources will disappear any time soon.
Most BVWire—UK readers we’ve spoken with feel the industry “buzz” around scoring listed companies according to their environmental, social, and governance (ESG) factors is of minimum significance to the business valuation profession, since market and income approaches already account for the risks of bad behaviour within a private-market sector or specific target company.
Since 1 December 2020, HMRC has regained its status as a preferential creditor. Valuation experts working with distressed businesses and insolvencies will need to assess HMRC’s reinstated role carefully, since no one is entirely clear yet on how Treasury intend to respond once winding-up restrictions end or whether delayed tax payment agreements are enforced.
A new analysis by a trio of Grant Thornton experts (Tomas Freyman, Jade Palmer, and Axel Rescanieres) addresses income approach valuation issues in renewable energy—a topic made more important because Europe’s investments in this area increased 52% last year, while the rest of the world, including the US, China, and India, dialed back.
20 May: ICAEW Virtual Valuation Conference, 9:00-16:00, virtual ...
The 2021 edition of Mergerstat Review is now available for preorder; the guide will be available in PDF format in mid-April, and the print version will be available in May.
The free Q4 2020 Argos Index, released last week, shows that private equity acquisition prices in the eurozone soared to a new record, confirming an overheated rebound to what now appears to be a business value “blip” caused by COVID-19.
The DealStats Companion Guide offers financial analysts a structure for supporting the best use of any private-company market transactions included in their business valuation reports.
BVWire—UK readers will enjoy looking back at “How to Choose the Right Forecasting Technique,” the essential 1971 Harvard Business Review (HBR) article.
ValueTrust has released the seventh edition of its “European Capital Market Study,” a comprehensive compilation of capital market parameters such as cost of capital and implied as well as historical risk premiums for European countries.
A new High Court decision makes it more difficult to challenge a business valuation expert’s authority under a price determination mechanism in a share sale and purchase agreement (SPA)—at least after a substantial amount of work has been done.
We reported on the changes to IVS 200 regarding the definition of business interests in the 2 March 2021 edition of BVWire—UK.
The English courts have expanded the risk for larger global organisations to account for unlawful ethics breaches their overseas subsidiaries committed.
12 March: EACVA Business Valuation Virtual Conference 2021, online ...
BVWire—UK notes a 15 February decision by Judge Richard Hacon of the High Court that denied a claim by an ex-employee against the digital forensics company MDS Ltd for copyright.
From 6 April 2021, Practice Direction 57AC will introduce significantly tighter requirements that will apply to all business valuer witness statements in the Business and Property courts, including those in claims that have already been issued.
This was a big week for bitcoin and the other cryptocurrencies.
The IVS are once again under agenda consultation, but, like the current 2020 version, some of the most extensive proposed revisions come within IVS 200, the section dedicated to valuing businesses and business interests.
Today, 2 March: COVID-19 and Business Valuation—One Year Later—What Worked and What Didn’t With Jim Hitchner, paid webinar, 18:00-20:00 BT ...