- What to know from the ASA Fair Value Conference
- Court’s valuation is out of bounds
- What has been your experience with college recruiting?
Court OKs including PPP loan in cash flows for CCF
In a Vermont divorce case, the valuation expert for the husband valued his business by excluding proceeds from a Paycheck Protection Program (PPP) loan as a one-time windfall for purposes of a capitalized cash flow (CCF) analysis.
Dietrich reveals tips ‘only a retired expert would share’
Nationally known healthcare valuation expert Mark Dietrich recently retired from active practice—but he is very active in sharing the knowledge he amassed over 45 years in the field.
Damages experts point to areas of practice growth
Damages related to cannabis firms, cryptocurrency, and intellectual property are on the rise, according to the editors of the recently released 7th edition of BVR’s Comprehensive Guide to Economic Damages.
Be cautious with AI, advises Alerding
While artificial intelligence is not quite ready for prime time, it can impact valuations not only in the process of performing a valuation, but also on the value of a subject business, says veteran valuation expert Jim Alerding (Alerding Consulting).
May kicks off BV conference season!
Flowers bloom in May and so do business valuation conferences—and most of them have a virtual option.
Correction: Link to ASA conference schedule
Last week’s issue had an incorrect link to the schedule-at-a-glance for the ASA International Appraisers Conference to be held October 1-3 in New Orleans.
Global BV News: In China, the ‘G’ in ESG impacts COE the most
For Chinese-listed companies, there is a significant negative correlation between the environmental, social, and governance (ESG) score and the firm’s cost of equity (COE), a new paper finds.
What’s in the May issue of Business Valuation Update
Here’s what you’ll see.
BV movers . . .
Sandra Mossios, a partner at EY in London, has been appointed as the president of Business Valuation Institute UK (BVIUK), an emerging top educational platform for experts, enthusiasts, and students in the rapidly evolving field of business valuation worldwide.
CPE events
Ethical Issues in Business Valuation, April 27, 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) and John Barrett Jr. (Barrett Valuation Services Inc.). CPE credits: 2.0.
DOL—finally—agrees to provide regs on ESOP valuations
At long last, the door has been opened for the Department of Labor (DOL) and the valuation profession to work together to develop guidance on ESOP valuations.
Damodaran posts 2023 edition of ERP paper
The “dean of valuation,” Professor Aswath Damodaran (New York University Stern School of Business) has posted “Equity Risk Premiums (ERP): Determinants, Estimation and Implications—The 2023 Edition.”
Dietrich talks tomorrow about valuing medical specialty practices
Having just finished writing his new book, Engagement Guide to Understanding and Valuing Medical Practice Specialties, Mark Dietrich will share his insights over a 45-year career in the healthcare arena during a webinar tomorrow, April 20 (10 a.m.-11:40 a.m. PT, 1 p.m.-2:40 p.m. ET).
Global BV News: Early bird ends April 30 for CBV Connect 2023
The early bird discount deadline is April 30 for the two-day CBV Connect 2023 conference in Toronto, hosted by the CBV Institute, Canada’s valuation professional organization (VPO) and standard-setter.
Global BV News: Spring 2023 issue of EBVM released
The latest issue (Spring 2023) of the new European Valuation Business Valuation Magazine (EBVM) is now available if you click here.
BV movers . . .
Luke Tanner, a financial analyst at Mercer Capital, has passed Level I of the Chartered Financial Analyst (CFA) professional designation exam.
CPE events
Using Regression Analysis in Business Valuation, April 19, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: William E Harris (Trugman Valuation). CPE credits: 2.0.
Appellate court KOs ‘laughable’ purchase offer
An offer to purchase a business can sometimes be evidence of value, but a recent divorce case in Indiana illustrates when it is not.
Schedule available for the ASA Conference in New Orleans October 1-3
The American Society of Appraisers (ASA) has posted the schedule for this year’s International Appraisers Conference to be held October 1-3 in New Orleans.
Hitchner launches a BV myth-busting effort
Some notions have recently been kicking around in the valuation profession that have prompted Jim Hitchner (Financial Valuation Advisors) to speak out.
Fernandez releases survey of 2023 risk premiums and risk-free rates
The results of Professor Pablo Fernandez’s latest survey of the market risk premiums and risk-free rates used in 80 countries in 2023 are now available.
New case involves dispute over company-specific risk
In a Minnesota shareholder buyout matter, the two opposing valuation experts disagreed over the risk associated with customer concentration.
Celebrity poses and gestures as protected trademarks
Celebrities are famous for being poseurs, but can their body movements be protected as a trademark, subject to damages for infringement?
Webinar tomorrow on USPAP fifth exposure draft
The Appraisal Foundation’s Appraisal Standards Board (ASB) will host a free webinar to discuss the fifth exposure draft of USPAP tomorrow, April 13, at 1:00 p.m. ET.
Watch a free webinar on an Excel add-in for GPC analysis
Are you paying an arm and a leg for financial data when doing a guideline public company (GPC) analysis?