- More from Hitchner’s BV Myth Busters
- Court excludes valuation expert by mistake
- Still waiting for the DOL ESOP regs
March 1 deadline for TAF board candidates
The Appraisal Foundation (TAF) is searching for candidates to serve on its board of trustees, and three positions are available. Trustees provide oversight to the Appraisal Standards Board (ASB) and Appraiser Qualifications Board (AQB ...
Global BV News: Task force pushes for more reporting of brand value
“International accounting standards should not prevent internally developed brand related-IP from being reported as intangible assets,” according to a task force formed by the International Trademark Association (INTA).
BV movers . . .
People: Daniel Turi, CFA, has joined Valuation Research Corp. (VRC) as managing director to lead portfolio valuations in the UK and continental European markets ...
CPE Events
BVLaw Case Update , February 29, 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.
Unexpected results from survey on AI usage at BV firms
“More practitioners are using AI than I would have guessed,” says Rod Burkert (Burkert Valuation Advisors), a practice management advisor, about the latest in a series of “Two-Minute Practice Builder” surveys he developed for BVWire.
Automatic DLOC for a minority interest? Not so fast
Business valuation analysts generally agree that minority interests in a privately held company are worth less on a per-share basis than controlling interests.
Today! Hitchner’s annual BV update webinar
BVWire looks forward to Jim Hitchner’s annual webinar where he reviews new concepts, data, models, and methods that have emerged in business valuation over the past year.
Afraid of AI? Get over it, say tax pros
“Whether or not you’re afraid of AI, we’re going to need it to meet the demand for services,” said Scott Kadrlik, managing partner at Meuwissen, Flygare, Kadrlik & Associates, quoted in an article for Accounting Today.
Business tax break extensions stalled
At the time of this writing, the tax extenders legislation is still tied up in the Senate.
Reminder: TAF seeks candidates for its board of trustees
The Appraisal Foundation (TAF) is searching for candidates to serve on its board of trustees, and three positions are available.
Global BV News: Pablo Fernandez needs your input
In their cost of capital analyses, many business valuers refer to a long-standing survey conducted by Professor Pablo Fernandez (IESE Business School, Spain).
BV movers . . .
Tom Saris, CPA, CVA, CFE, has been promoted to senior manager, Client Accounting Services, at Brinker Simpson & Co. LLC (Media, Pa ...
CPE events
Power Panel: Trends and Issues in Business Valuation, February 27, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Ken Pia (Marcum), Jeffrey S. Tarbell (Houlihan Lokey), Neil J. Beaton (Alvarez & Marsal), and Michelle F. Gallagher (Adamy Valuation). CPE credits: 2.0.
Neutral valuer does what he can with limited info
In a California divorce case, a court-appointed valuation expert was caught in the middle of a squabbling couple who didn’t provide enough information to value all the marital assets, including business interests.
ESOP group drafts rule framework for DOL valuation regs
In advance of the Department of Labor issuing its proposed final regulations related to ESOP valuations, the ESOP Association has drafted a “proposed regulatory framework,” according to the group’s blog post.
Reminder: Take a quick survey on AI
Is your firm using AI in its practice? And for what? What are your peers using it for? Find out by taking a very short survey—the latest in our “Two-Minute Practice Builder” surveys.
TAF seeks candidates for its board of trustees
The Appraisal Foundation (TAF) is searching for candidates to serve on its board of trustees, and three positions are available.
New issue of Willamette’s Perspectives is released
The January 2024 issue of the quarterly digital publication Perspectives, from Willamette Management Associates, has been released.
2023 Johnson/Park DLOM study is now available
The Johnson/Park empirical method to estimate a discount for lack of marketability (DLOM) has been used in several tax court cases, including the first family limited partnership (FLP) case to go to trial.
Global BV News: Canada valuers predict an M&A increase
After a “tepid” 2023, over half (58%) of valuation professionals in Canada expect M&A transaction activity to increase over the next 12 to 24 months, as compared to 2023, according to the “2024 M&A Outlook Survey” from the Chartered Business Valuators Institute (CBV Institute).
BV movers . . .
Dr. Stephen Blough, Ph.D., has joined Valentiam Group, a valuation and transfer pricing firm, as partner.
CPE Events
The Wisdom of the Pastrami Sandwich: The Secret Sauce for Delivering Compelling Expert Testimony , February 16, 10:00 a.m.-1:45 p.m. PT/1:00 p.m.-4:45 p.m. ET. Featuring: Michael G. Kaplan (Kaplan Forensics) and Jesse Wilson (Tell the Winning Story). CPE credits: 4.0.
What’s in the March 2024 issue of Business Valuation Update
Here’s what you’ll see.
Another expert ‘Dauberted’ out of a damages case
In last week’s issue, we reported on a damages case in which a valuation expert’s testimony was excluded because of the methodology used in the analysis. In this week’s case (also a damages matter), the expert didn’t even get that far before being excluded.
Valuers need to examine the lingering effects of COVID-19
The pandemic is over but not for some businesses that continue to feel the effects—and this impacts valuation.