- BV profession needs a stronger connection to research
- Absent any valuation, court uses book value
- Survey results: What policies do BVFLS firms have regarding credentials?
BV profession needs a stronger connection to research
The business valuation profession needs to be more attuned to academic finance research, according to a letter to the editor of the ASA’s Business Valuation Review by Victor E. Jarosiewicz (Quid Valorem LLC).
Absent any valuation, court uses book value
In an Ohio divorce case, neither the husband nor the wife engaged a valuation expert to appraise the family business, a small company that manufactures parts for racing cars, firearms, and paintball guns.
Survey results: What policies do BVFLS firms have regarding credentials?
It’s neck and neck when it comes to the business valuation credentials that exist at firms recently surveyed.
Valuation experts make the first Forbes list of Top 200 CPAs
The inaugural Forbes Top 200 CPAs list includes several practitioners who are credentialed in business valuation (ABV, CVA, or ASA).
April 2024 issue of Willamette’s Perspectives is released
The April 2024 issue of the quarterly digital publication Perspectives, from Willamette Management Associates, has been released, and you can access it if you click here.
Global BV News: Watch the WIPO event on IP finance and valuation
Now available is a free recording (audio and video) of IP Finance Dialogue: Expanding Horizons on IP Finance and Valuation that the World Intellectual Property Organization (WIPO) presented in Geneva.
BV movers . . .
Ed Usalis, AM, CVA, has joined the business valuation practice at BuckheadFMV, an Atlanta firm that specializes in healthcare valuation and consulting.
CPE events
BVLaw Case Update, April 24, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: R. James Alerding, Alerding Consulting LLC; James D. Ewart, James D. Ewart LLC; and Andrew Z. Soshnick, Faegre Drinker Biddle & Reath LLP. CPE credits: 2.0.
More from Hitchner’s BV Myth Busters
They’re up to Myth No. 12, which is, “to value a minority interest in a private business, you must first value it on a 100% control basis.”
Still waiting for the DOL ESOP regs
First, they were expected at the end of 2023, then the end of March 2024, but there is no sign yet (at the time of this writing) of the proposed regulations regarding ESOP valuations.
BVR to webcast Energy Valuation Conference May 16
Once again, this year, BVR is pleased to partner with the Houston Chapter of the American Society of Appraisers (ASA) to present a live webcast of the Energy Valuation Conference on May 16.
Reminder: Quick survey on BVFLS credentials
Many credentials are found in business valuation, forensics, and litigation services (BVFLS) firms and practices.
Today! Free webinar on BVR’s cost of capital platform
Find out why over a third of survey respondents use BVR’s Cost of Capital Professional platform during a free webinar today, April 17, from 10:00 a.m. to 11:40 a.m. PT (1:00 p.m. to 2:40 p.m. ET).
Global BV News: PPAs in India
Almost a third (28%) of the enterprise value of acquired companies in India was allocated to identified intangible assets, and 35% was attributable to goodwill, with the allocation varying considerably from industry to industry, according to an EY study on purchase price allocations (PPAs).
Preview of the May issue of Business Valuation Update
Here’s what you’ll see.
BV movers . . .
Tony Alfonso has joined the business valuation team at Atlanta-based Aprio as a partner to lead the firm’s expansion into Phoenix.
CPE events
Cost of Capital Professional—Straightforward, Credible, Cost-Effective (FREE WEBINAR), April 17, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Dr. Michael A. Crain (Florida Atlantic University), Ronald L. Seigneur (Seigneur Gustafson LLP), and Adam Manson (BVR). CPE credits: 2.0.
Court excludes valuation expert by mistake
In an Ohio divorce matter, an appellate court has remanded a case back to the trial court because it “abused its discretion” when it excluded a valuation expert’s testimony and report.
Some wine with that valuation?
Very few attendees at a recent webinar had ever done a valuation of a winery.
NACVA adds to CVA and MFF ranks
The National Association of Certified Valuators and Analysts (NACVA) announced that 107 members recently earned their credentials (or are candidates).
New edition of guide to physician practice valuation available
Subscribers to the BVResearch Pro platform now have online access to the 600-page Guide to Physician Practice Finance and Valuation by Mark O. Dietrich.
Damodaran at the ASA Fair Value Conference April 25
Always with interesting and provocative views, Professor Aswath Damodaran (New York University Stern School of Business) will conduct a session, Understanding and Measuring Risk, at the ASA’s Fair Value Conference in New York City on April 25.
Reminder: Quick survey on BVFLS credentials
Many credentials are found in business valuation, forensics, and litigation services (BVFLS) firms and practices.
Global BV News: The Spring 2024 edition of EBVM is now available
The European Association of Certified Valuators and Analysts (EACVA) and the International Valuation Standards Council (IVSC) have released the latest edition of the European Business Valuation Magazine (EBVM).
BV movers . . .
The National Association of Certified Valuators and Analysts (NACVA) has named its outstanding members for the first quarter of 2024.