- More from Hitchner’s BV Myth Busters
- Court excludes valuation expert by mistake
- Still waiting for the DOL ESOP regs
Court figures fair value of startup biotech for dissenters
In a dissenting shareholder case in a federal district court in Georgia, neither the Black-Scholes method nor the prior transactions method convinced a court of the value of a startup biotech company.
Damodaran posts his first data update for 2024
At the beginning of each year, Professor Aswath Damodaran (New York University Stern School of Business) generously posts a great amount of data on his website that include risk-free rates, equity risk premiums (ERPs), corporate default spreads, corporate tax rates, country risk premiums, and other data—all of which are free.
Hitchner’s ‘myth busters’ tackle two more issues
Jim Hitchner (Financial Valuation Advisors) and his team of fellow AICPA BV Hall of Fame alumni have taken on two more BV myths in his December issue of Hardball With Hitchner.
The 2024 Pepperdine private cost of capital survey is now open
It’s that time again!
Do you use a portal to collect client data?
We’d like to know—and so would your peers.
DealStats Hall of Fame members for 2023
Business brokers and other intermediaries generously contribute data to DealStats, making it the leading database of private-company and public-company M&A transactions.
Global BV News: The Winter 2023 edition of EVBM is now available
The European Association of Certified Valuators and Analysts (EACVA) and the International Valuation Standards Council (IVSC) have released the latest edition of the European Business Valuation Magazine (EBVM).
Save the date: June 20-21 for CBV Connect 2024
CBV Connect 2024, hosted by the CBV Institute, Canada’s valuation professional organization (VPO) and standard-setter, will be held at The Bonaventure in Montreal.
What’s in the February 2024 issue of Business Valuation Update
Here’s what you’ll see.
BV movers . . .
The National Association of Certified Valuators and Analysts (NACVA) has awarded J. Richard Claywell, CPA, MBV, ABV, ASA, CBA, CVA, MAFF, CFD, ABAR, CVGA, ICVS-A, the Thomas R. Porter Lifetime Achievement Award.
CPE events
Catch Me If You Can: Mitigating Compliance Risk Related to Provider Compensation, January 23, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Kathryn A. Taylor (ECG Management Consultants). CPE credits: 2.0.
Kroll conducts survey of cost of capital inputs
In the last issue, we presented results of several surveys on the various resources practitioners use for estimating cost of capital.
BVR kicks off ‘Two-Minute Practice Builder’ surveys
As any profession matures, the issue of practice management becomes more critical. Management and administrative issues that took a back seat when riding a growth wave must be dealt with when the landscape gets more competitive.
NACVA to release two new databases in 2024
In beta testing at NACVA are two databases being developed with ValuSource software.
AI studies top several McKinsey lists for 2023
Of interest to valuation experts are two works from McKinsey that examine artificial intelligence (AI).
Global BV News: Kroll examines industry multiples in China
An analysis of the trading indices across various key industrial sectors in China as of Sept. 30, 2023, is contained in Kroll’s Industry Multiples in China 2023 report.
BV movers . . .
The National Association of Certified Valuators and Analysts (NACVA) has named its outstanding members for the fourth quarter of 2023.
CPE events
Business Valuation in the Context of Insolvency, January 11, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Pasquale Rafanelli (Empire Valuation Consultants). CPE credits: 2.0.
BVR survey reveals COE data sources of choice
While the Kroll Cost of Capital Navigator continues to be widely used and accepted for estimating cost of equity (COE), BVR’s Cost of Capital Professional has been gaining considerable steam since its launch in 2018, according to a BVR survey.
Valuation of business hit by COVID-19 in recent divorce case
If you haven’t done so already, sooner or later you will value a business affected by COVID-19.
Grabowski analyzes COLI valuation issue SCOTUS will decide
The U.S. Supreme Court has agreed to hear a case involving a valuation issue in order to resolve a circuit split.
On-the-ground coverage of the NACVA super conference
There was a good crowd of about 400 attendees (including virtual) at the NACVA Business Valuation & Financial Litigation Super Conference in Fort Lauderdale, Fla., last week.
Practice opportunity in new SEC rules for private funds
There is a “big opportunity” for valuation practitioners as well as accounting and attestation firms as a result of the new SEC rules designed to enhance the regulation of private fund advisers, remarked Justin Kuczmarski (NAV Valuation & Advisory LLC) during a session at the 2023 ASA International Conference recently in New Orleans.
ASA CEO Johnnie White to leave the organization
The CEO of the American Society of Appraisers, Johnnie White, will be leaving the organization.
Reminder: Preorder deal on the 2024 Business Reference Guide
The 2024 print edition of the Business Reference Guide (BRG) by Tom West is now available for preorder at a 20% savings if you click here (valid through December 31).