NACVA held the first major multiday multitrack conference of the year online all last week, and BVWire attended all week via the Zoom platform.
The importance of Delaware appraisal jurisprudence beyond state borders was on display in a recent fair value decision out of North Carolina related to a merger involving the tobacco giant Reynolds.
Valuable information can be gleaned about fair value measurement issues from comment letters the SEC sends after it reviews public companies’ financial statements and disclosures.
The Johnson/Park empirical method to estimate a discount for lack of marketability (DLOM) is the third most popular method business appraisers use for this purpose, according to a BVR survey.
To evaluate the possible outcomes of COVID-19 on valuation, auditors are looking for multiple scenarios for projections, reports a panel on a newly released webinar, June 2020 Update—COVID Webinar.
Katie Gilden, CPA/ABV/CFF, CFE, CVA, has been promoted to chief operating officer at Fiske and Co. (Fort Lauderdale, Fla.).
Healthcare Valuation Town Hall: Four Expert Panel on COVID-19 Impacts and Beyond. June 24, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Jerry Chang (Ankura), W. James Lloyd (PYA), Mark Dietrich (Mark O. Dietrich CPA, PC), and Todd Sorensen (VMG Health).
Any practitioner involved in fair value should tune in to the first-ever ASA Fair Value Virtual Conference tomorrow, June 18.
This week, BVWire is attending NACVA and the CTI’s 2020 Business Valuation and Financial Litigation Super Conference (online of course), where the recipients of this year’s Thomas R. Porter Lifetime Achievement Award have been named.
Almost half (47%) of alternative investment fund managers polled by Duff & Phelps say that three months is the “breaking point” at which the current economic restrictions impair the ability of businesses to resume business as usual after the lockdown.
Audra M. Moncur, CPA, ABV, and Paul D. Ouweneel, CFA, CPA, CFP, have been promoted to partner at Milwaukee-based Wipfli.
Healthcare Valuation Town Hall: Four Expert Panel on COVID-19 Impacts and Beyond, June 24, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Jerry Chang (Ankura), W. James Lloyd (PYA), Mark Dietrich (Mark O. Dietrich CPA, PC), and Todd Sorensen (VMG Health).
Here’s what you’ll see.
The Chicago Fed’s National Activity Index (CFNAI) came in at -16.74 in April, down from a revised -4.97 in March (see chart below).
The National Center for Employee Ownership (NCEO) also filed an amicus brief in which it supports the dismissal of the Lee case that is currently on appeal with the 4th Circuit.
Responding to the appeal in the Lee case, the American Society of Appraisers recently filed an amicus brief supporting the dismissal of the case.
Conference season is here but, of course, in virtual form due to the pandemic.
The latest in a series of very useful material from the AICPA is a document that includes FAQs that address questions about the impact of the CARES Act on business valuation.
Some appraisers feel that using public market data when estimating the cost of capital for a private company requires too many assumptions and adjustments to convert data from actively traded stocks into proxies for private-company valuation.
Healthcare valuation expert Mark Dietrich (Mark O. Dietrich CPA, PC) has done over 100 hours of research digging into the “science” of COVID-19—its origin, how it spreads, protection methods, testing, and so on.
We’re still going through the agenda for next week’s NACVA and the CTI’s 2020 Business Valuation and Financial Litigation Super Conference June 15-19 to choose from the 55 sessions that will be presented in a virtual format.
A new paper offers some suggestions for enhancing the goodwill impairment framework in order to improve the information the framework provides.
Pablo Alfaro, CFA, has joined Valuation Research Corp. (VRC) as a senior vice president in the Complex Securities Group in the firm’s New York City office.
Congratulations to the members of the American Society of Appraisers (ASA) who were recently elected to leadership positions.
In response to the plaintiff’s appeal in the Lee ESOP case, the defendant trustee said the district court’s dismissal of the case for lack of standing was appropriate.