Highlights of the May 1 issue:
  • What to know from the ASA Fair Value Conference
  • Court’s valuation is out of bounds
  • What has been your experience with college recruiting?
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Be the first to know about changes affecting the business valuation profession. The BVWire ezine brings you current news every Wednesday. From the buzz of the latest professional conference or the best new financial research resources, to the impact of last week's tax case or to this week's IRS, FASB or Appraisal Foundation announcement, BVWire guarantees you won't miss a thing. It's free, it's fast to read, and it contains everything you need to know about the evolving business valuation profession.

Why are valuers changing their Excel models?

In a world of economic turmoil and market volatility, valuation experts say they are spending a lot more time on business valuations.

First-ever conference on soft skills for valuers June 8

This past fall, BVR and the BV recruiting firm Borrowman Baker conducted a survey of American Society of Appraisers (ASA) members under the age of 40 whose primary discipline is business valuation.

CMS talks Stark FMV June 27

In a rare chance to hear directly from a regulator, a Centers for Medicare & Medicaid Services (CMS) official will discuss the new definitions of fair market value (FMV) under the updated regulations for the Stark Law (the federal physician self-referral law) on a free June 27 podcast.

First recipient of the Kolodny Award

The National Family Law Trial Institute in Houston is an organization devoted to training family lawyers for trial.

New edition of cannabis valuation book now in BVResearch Pro

The second edition of The Cannabis Industry Accounting and Appraisal Guide is now available to subscribers of the BVResearch Pro platform.

Reminder: BVR’s benchmarking survey still open

Every business valuation firm or practice should want to know how to improve their operations, processes, and output.

ASA announces election results

The American Society of Appraisers (ASA) has announced the results of its 2023-2024 elections for new international officers, board of governors and discipline committee officers, and members at-large.

Global BV News: IVSC’s Darling talks about IVS update

Everyone interested in valuation should take the opportunity to participate in shaping the future of International Valuation Standards to ensure that they continue to reflect best practices globally, says IVSC Chair Alistair Darling in an article.

CBV Connect conference June 8-9

BVWire will be attending the CBV Connect 2023 June 8-9 in Toronto, hosted by the CBV Institute, Canada’s valuation professional organization (VPO) and standard-setter.

BV movers . . .

Elena Mavliev, Ph.D., CFA, has joined Houston-based Weaver as director, valuation services, in the firm’s expanding West Coast market.

CPE events

Understanding Control vs. Lack of Control and Applicable Discounts, June 8, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Carla Glass (Marcum LLP) and Marissa Turrell (Marcum LLP). CPE credits: 2.0.

Husband vs. valuation expert, court splits the difference

In an Iowa divorce case, the wife engaged a CPA and valuation analyst to value the husband’s construction company, and he concluded a value of $1,020,597.

Notable takeaways from the NYSSCPA BV conference

BVWire attended last week’s annual New York State Society of CPAs’ Business Valuation and Litigation Services Conference, and—as usual—some very interesting and useful information was presented.

Important podcast: CMS talks Stark FMV

BVWire has learned that a CMS official will discuss the new definitions of fair market value under the updated regulations for the Stark Law (the federal physician self-referral law) on an upcoming podcast.

A small thing can ruin a job interview big time

Competition for BV talent is fierce, so the last thing you want to do is let a good candidate get away—and the slightest thing could do it.

Help us help the BV profession

Every business valuation firm or practice should want to know how to improve its operations, processes, and output.

BVWire continues on the BV conference circuit

June is busting out with two events that BVWire is looking forward to attending.

Global BV News: Free webinar series from the IVSC and Kroll June 7-15

Kroll is sponsoring a series of webinars presented by the International Valuation Standards Council (IVSC) from June 7 through June 15.

BV movers . . .

Erica Bjerrum, CPA, ABV, has been named a partner at Eide Bailly.

CPE events

Calculating Damages for Early-Stage Companies, May 25, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Neil J. Beaton, Alvarez & Marsal. CPE credits: 2.0.

Attorney gets Daubert challenge over ESOP employment agreements

In a federal court in Georgia, an employee benefits lawyer prepared a report and was deposed regarding the process by which employment agreements were negotiated as part of a transaction involving an ESOP.

Big Four eye return-to-office mandate

Last week, we gave you some takeaways from the ASA Fair Value Spring Conference in New York City.

Reminder: BVR Benchmarking Survey is now live

We’re happy to see a good response so far from BVR’s latest version of its benchmarking survey, which will allow BV practices to see how they stack up against their peers.

BV agenda released for ASA Conference in New Orleans October 1-3

The American Society of Appraisers (ASA) has posted the business valuation discipline track sessions for this year’s International Appraisers Conference to be held October 1-3 in New Orleans.

2022 Thomas Burrage Award recipient named

The late Thomas Burrage was highly respected for his expertise in litigation, forensic accounting, business valuation, and taxation, but he is remembered most as a kind and generous man who gave back to the profession.

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