- More from Hitchner’s BV Myth Busters
- Court excludes valuation expert by mistake
- Still waiting for the DOL ESOP regs
Are your peers using AI in their practice—and for what?
Find out by taking a very short survey—the latest in our “Two-Minute Practice Builder” surveys.
NVIDIA is the world’s fasting-growing brand, per Brand Finance report
There has been a significant gain in brand value among companies that have heavily invested in artificial intelligence (AI), with NVIDIA now the world’s fastest-growing brand (up 163% to $44.5 billion), according to the “Brand Finance Global 500 2024” report.
Two New York City conferences set dates for 2024
On April 25, the ASA will hold its Fair Value Conference in New York City for both in-person and virtual attendance.
SBA lending data added to Vertical IQ
The Vertical IQ industry research platform has added key data sets of Small Business Administration (SBA) lending trends and industry performance insights.
Global BV News: New version of IVS published
Now used in over 100 countries, the latest edition of the International Valuation Standards (IVS) was published on Jan. 31, 2024, and has an effective date of Jan. 31, 2025, one year later.
BV movers . . .
Two professionals have been elected partners at New York City-based CohnReznick.
CPE events
Quantifying DLOMs for Minority and Controlling Interests, February 13, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Bruce A. Johnson (Munroe, Park & Johnson Inc.). CPE credits: 2.0.
Lost profits calculation goes off the track
In a Missouri breach of contract case, the plaintiffs were carriers who delivered print newspapers to subscribers under an agreement that gave them territorial rights.
AI-generated George Carlin triggers right of publicity lawsuit
A “comedy AI” tool has created an “impersonation” of George Carlin that has triggered a lawsuit by his estate, claiming violations of the late comedian’s right of publicity and copyright, reports Variety.
Survey results: Data collection tools
More than two-thirds (78%) of valuation experts use an online tool to collect documents and other information from clients, according to the first in a series of “Two-Minute Practice Builder” surveys.
USPAP Q&A addresses AI
AI tools are not a substitute for an appraiser’s judgment.
Reminder: The 2024 Pepperdine private cost of capital survey is open
Each year, Pepperdine University conducts an annual survey of expected rates of return with respect to private companies.
To retain good BV people, give them a purpose, advises Borrowman
BVWire has heard from young BV professionals that they are sometimes in the dark about the work they are doing.
Global BV News: Slide decks available for OIV BV conference
In Italy, the Organismo Italiano di Valutazione (OIV) is the business valuation standard-setter, and it just held its conference this past week.
BV movers . . .
Renil Thomas James, CFA, has joined New York City-based Mark S. Gottlieb, CPA, PC, as manager-valuation analyst.
CPE events
Quantifying DLOMs for Minority and Controlling Interests, February 13, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Bruce A. Johnson (Munroe, Park & Johnson Inc.). CPE credits: 2.0.
Court KO’s market comp analysis due to industry choice
What business is your subject company in?
Connelly case kicks off Heckerling conference
At the Heckerling Institute on Estate Planning in Orlando, Fla., earlier this month, the first session was a panel on key court cases of 2023, and “valuation was top of mind for many federal courts,” according to coverage in WealthManagement.com.
Damodaran posts his second data update for 2024
Focusing on the equity markets in the U.S. and across the world, Professor Aswath Damodaran (New York University Stern School of Business) has posted his second data update of 2024.
2023 NACVA Porter Award recipient gives back in a big way
A few years ago at a conference, BVWire had the pleasure of chatting with J. Richard Claywell, a Houston practitioner who has been providing business valuation and forensic accounting services since 1985.
Last call! Take a survey on data collection tools
Please take a two-minute survey about the use of portals to collect client data. We will publish the results in next week’s BVWire.
One-on-one encounters make attending live conferences a unique experience
In today’s world, some people may automatically choose the “attend virtually” option when registering for a conference, or they may want to attend in person, but there’s not enough in the travel budget to allow for it.
Global BV News: Webinar series explains IVS update
Next month, the International Valuation Standards Council (IVSC) will host a series of webinars exploring the latest and most significant updates to the International Valuation Standards (IVS), which are set to be released at the end of this month.
BV movers . . .
Jon Klerowski, CPA, ABV, CFE, has been admitted as a partner at New York City-based PKF O’Connor Davies.
CPE events
Next in Line! Valuing a Limited-Service Restaurant, January 25, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Lynton Kotzin (JS Held). CPE credits: 2.0.