- What to know from the ASA Fair Value Conference
- Court’s valuation is out of bounds
- What has been your experience with college recruiting?
BV movers . . .
The National Association of Certified Valuators and Analysts (NACVA) has named its outstanding members for the third quarter of 2023.
CPE events
Private Equity Roll Up of Professional Practices Valuation Considerations, September 27, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Dean Driskell (J.S. Held) and Brandon McFarland (J.S. Held). CPE credits: 2.0.
Firms with better ESG ratings yield higher returns, per Kroll study
Companies with better environmental, social, and governance (ESG) ratings generally outperformed those with lower ratings over the 2013-to-2021 period, according to Kroll’s new ESG and Global Investor Returns Study.
New book of essays by prominent valuation experts
Top experts from overlapping valuation disciplines tell their stories that capture a flavor of the romance, intrigue, art—and heart—of business appraisal in a new book, The Art of Valuation.
BVResearch Pro adds to its archive of the ASA’s BV Review
Among many other resources, the BVResearch Pro platform contains the full archive of the Business Valuation Review going back to 1982.
Next week: VSCPA Forensic and Valuation Conference
BVWire will be at the Forensic and Valuation Conference held by the Virginia Society of CPAs (VSCPA) September 26-27 in Glen Allen.
ISBA appraisal review workshop November 9-10
The International Society of Business Appraisers (ISBA) is offering a two-day workshop for its Business Certified Appraiser in Review (BCA-R) credential.
Global BV News: IVSC annual meeting in Paris October 9-11
The International Valuation Standards Council (IVSC) will hold its annual general meeting (AGM) at the Maison de la Chimie, Paris from October 9 to October 11.
BV movers . . .
Camille Pacht has joined Savannah, Ga.-based Hancock Askew & Co. LLP as director of business valuations.
CPE events
Valuing Businesses Catering to Seniors, September 20, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Vanessa Brown Claiborne (Chaffe & Associates Inc.). CPE credits: 2.0.
Reminder: Sample IRS forms for PDF extraction testing
Nambri TaxXL is a new application that automates the conversion of PDF tax returns into an Excel spreadsheet.
Internal billings trigger M&A damages; GPCM prevails
A case in Delaware Chancery Court shows that the court will not award damages from an M&A transaction gone bad when the calculations are based on speculative lost synergies.
DOL ESOP valuation regs coming by year-end
The Department of Labor (DOL) will issue long-awaited guidance on ESOP valuations by the end of this year, according to a blog post from the National Center for Employee Ownership (NCEO).
Private-company EBITDA multiples up in 2Q2023
After a downward slide in the fourth quarter of 2022 and the first quarter of 2023, the median selling price-to-EBITDA multiple has jumped to 4.0x in the second quarter of 2023 (see the graph below), according to the latest issue of the DealStats Value Index (DVI).
The ASA’s online auction is now open
A copy of Cost of Capital, Applications and Examples or a lobster dinner for two?
Global BV News: Worldwide support grows for the V20
The list of organizations that are supporting the V20 Valuation Summit and Conference October 27-29 in New Delhi is impressive—and growing.
BV movers . . .
Marissa Turrell, ASA, CVA, has been promoted to partner in the valuation, forensics, and litigation services group at New York City-based Marcum.
CPE events
Valuation to Maximize Client Engagement and Value, September 13, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Mikhail Munenzon (InteleK Business Valuation & Advisory) and Andrew Mackson (InteleK Business Valuation & Advisory). CPE credits: 2.0.
Wanted: Sample IRS forms for PDF extraction testing
Nambri TaxXL is a new application that automates the conversion of PDF tax returns into an Excel spreadsheet.
Valuation expert’s credibility takes several hits
In a New York fair value case, one of the 50% owners filed for dissolution and the other owner elected to buy him out.
Don’t get stung by a bad review of your valuation report
Shawn Hyde (Canyon Valuation) has been reviewing the reports of other valuation experts for years.
BV practice marketing budgets hold steady for 2023
Since most business valuation firms and practices are very busy, it’s not a great surprise that marketing budgets for 2023 are about the same as 2022 levels, according to the 2023 BVR Benchmarking Survey.
NACVA ‘blown away’ by ChatGPT
David Fein of ValuSource recently gave a demo of ChatGPT to Parnell Black, CEO of the National Association of Certified Valuators and Analysts (NACVA).
2023 Stout restricted stock study guide now available
The 2023 edition of the “Stout Restricted Stock Study Companion Guide” is now available, and it reflects updated tables and graphs that contain new transactions.
Panel on trial testimony featured at VSCPA
How to survive expert testimony and cross-examination is one of the most popular topics at the annual two-day Forensic and Valuation Conference held by the Virginia Society of CPAs (VSCPA).