Published research has overstated the size premium, says ‘Firm Size and Stock Returns: A Quantitative Survey,’ a new analysis conducted by Anton Astakhov, Tomas Havranek, and Jiri Novak from the Institute of Economic Studies at Charles University in Prague.
In collaboration with RICS and IVSC, the iiBV have released their Valuing Financial Instruments video webinar earlier this month.
Most of the analysis of the IASB’s IFRS 16 rule on lease accounting, which went into effect in January 2019, has been from the audit and accounting side.
Separately identifiable intangibles are making up a bigger portion of the purchase price allocations for the big deals in the media sector, though practices vary widely, reports Grant Thornton in their new ‘What’s Been Happening in Media M&A’ white paper.
The Advisory Forum Working Group (AFWG) of the International Valuation Standards Council has launched a survey to identify the most common differences between business valuation for reporting purposes around the world and potential difficulties for achieving consistency with IVS, the global standards.
The top half-dozen firms handle a large portion of business valuation work in the UK, so anyone interested in the profession might note with interest the trend for the larger audit firms to provide software as well as services.
‘Some jurisdictions have acted unilaterally, some have made failed attempts, while some have adopted a “wait and see” approach,’ the current issue of Bloomberg BNA’s Transfer Pricing Forum says.
ACG UK Chapter Trends in Alternative Capital, 15 October, London ...
Business valuers must recognise the risks associated with failed business deals. In fact, a new study from McKinsey confirms that one of 10 large merger and acquisition deals fails to close, often causing significant harm to both proposed buyers and sellers.
The dour tone of the latest economic report from IAECW won’t surprise business valuers.
Goodwill has resurfaced as a valuation topic globally this year, so much so that the IVSC’s first article on the subject, ‘Is Goodwill a Wasting Asset?’ has been downloaded thousands of times already.
Aswath Damodaran (New York University Stern School of Business) continues to provide country risk comparisons on his website.
IVSC Annual General Meeting and IVAS/IVSC Business Valuation Conference, 7-9 October, Singapore ...
The median price paid for the benefit of acquiring a controlling interest dropped slightly, to 26.5%, during the second quarter, according to the FactSet/BVR Control Premium Study.
For the first time, the International Valuation Standards (IVS) include guidance for valuers whose engagements require that the entire enterprise value be allocated across various classes of economic or control rights.
Several BVWire—UK readers have commented that they’ve used the new iiBV 212 Valuing Intangible Assets online course to help staff get up to speed on the key business valuation concepts.
Led by cost reductions at Chinese manufacturers, and assuming a 7% weighted average cost of capital, solar energy is now the cheapest power source—in England!
The Big Four firm has contributed financial and staff support to IVSC since the organisation was founded, but now it’s aligning professionally with the need for harmonised standards in the form of the IVS.
CFA Institute announced that Margaret Franklin (previously president of BNY Mellon Wealth Management in Toronto) began last week as the organisation’s new president and CEO.
The largest gathering of business valuation professionals in the UK is coming up next month at the ICAEW’s Moorgate Hall facility.
ICAEW Practical Business Valuation, 11 and 25 November, London ...
ICAEW Practical Business Valuation, 11 and 25 September, and 11 and 25 November, London ...
Claire Reid, who began with PwC in Glasgow, has replaced Lindsay Gardiner as the Big Four firm’s regional lead partner for Scotland.
Business valuers who comply with the IVSC’s International Valuation Standards (IVS) will have a new update effective the end of the year.
The International Chamber of Commerce’s new handbook on intellectual property valuation and monetisation offers guidance for business valuers
The new ‘ICC Handbook on Valuation of Intellectual Property Assets’ is the work of the ICC Task Force on Valuation and Monetisation of IP Assets, co-chaired by Dominika Boehm, strategy and business manager, Siemens UAE (previously senior IP counsel, Siemens Germany), and Paul Bevan, founder of Central Value Worldwide (Spain).