There are shortcomings to using historical data in developing an equity risk premium (ERP) when estimating the cost of capital, points out Eric Nath (Eric Nath & Associates LLC) in the February issue of Business Valuation Update.
Input is sought from anyone involved in the funding of private businesses for the annual cost of capital survey that is part of the research at the Pepperdine Private Capital Markets Project.
When BVR conducted a survey of business valuation firms, a new provider appeared when we asked about the industry research sources respondents use: Vertical IQ.
In an effort to protect small investors, the Philippine Stock Exchange Inc. (PSE) plans to impose stricter guidelines on the selection of fairness valuation providers for companies in need of valuation reports.
More than 120 participants from China, the United States, Russia, Germany, Japan, Singapore, and other countries attended the 8th International Conference on New Developments of Appraisal in Wuhan on Dec. 8, 2018.
Hubert Klein, CPA, ABV, CFF, CVA, CFE, CGMA, a partner at EisnerAmper, was named leader of the firm’s New Jersey forensics, litigation, and valuation services group.
When it comes to document discovery, the “why and “when” matter greatly, as a recent New York ruling centering on a valuation report makes clear.
FREE WEBINAR: Benchmarking with BizMiner: Live Demo and Case Study (January 24), with Don Drysdale (Drysdale Valuation PLLC) and Galen Pugh (BizMiner).
During his annual update webinar, Jim Hitchner (Valuation Products and Services) does a rundown of the new need-to-know BV concepts, data, models, and methods.
Business partners often think that a buyout agreement will forestall future conflicts. A recent New Jersey case proves the opposite.
Of interest to valuation specialists who do fair value work, the Public Company Accounting Oversight Board (PCAOB) has adopted a new standard for auditing accounting estimates, including fair value measurements, and amendments regarding specialists.
The AICPA has released for comments working drafts of two new case studies from its Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies (PE/VC Guide).
There is often an overlap between valuation work and forensics, so a new standard for forensic services should be of interest to valuation experts.
Parties to a divorce often play hide-and-seek with assets so the valuation expert often has to help ferret them out.
Total goodwill impairment rose to $35.1 billion in 2017, up 23% over the prior year, according to the “2018 U.S. Goodwill Impairment Study” by Duff & Phelps.
Comments are requested by April 1 on IVS 220 Non-Financial Liabilities, a draft standard the Business Valuation Board of the International Valuation Standards Council (IVSC) developed.
Jamie Burress was hired as a managing director in the forensic, litigation, and valuation group at Whitley Penn (Houston).
Using Government Data Sources to Revolutionize Healthcare Valuation (January 9), with Timothy Smith (TS Healthcare Consulting) and Nicholas Newsad (Healthcare Transaction Advisors LLC).
BVR’s “What’s Your Company Worth?” infographic is as visually captivating as it is informative, concisely summarizing the most statistically significant predictor of value for each major NAICS industry.
In 2016, Tax Court Judge Laro ruled on the legitimacy of a series of Section 1031 transactions involving Exelon, an Illinois-based energy giant.
A number of topics relevant to business valuers including CAPM, WACC, betas, ERP, and returns are in the latest paper by Pablo Fernandez (University of Navarra, IESE Business School), "18 Topics Badly Explained by Many Finance Professors."
During a recent demo of BVR’s new Cost of Capital Professional, an audience member asked whether he could choose the starting year used to calculate the historical equity risk premium and historical size premium.