- BV profession needs a stronger connection to research
- Absent any valuation, court uses book value
- Survey results: What policies do BVFLS firms have regarding credentials?
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).
Global BV News: New CBV Insight on ESG published
A new paper explores the value impacts of environmental, social, and governance (ESG) factors in private companies.
BV movers . . .
Robert Allen, CFA, ABV, has been promoted to a partner at Fort Worth, Texas-based Whitley Penn.
CPE events
Catch Me If You Can: Mitigating Compliance Risk Related to Provider Compensation, Jan. 23, 2024, 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.
What’s in the January 2024 issue of Business Valuation Update
Here’s what you’ll see.
Update on guidance regarding the company-specific risk premium
Expect to see an exposure draft of guidance on the company-specific risk premium during the first half of 2024, reported Christopher Armstrong (KPMG), at the winter edition of the ASA’s Fair Value Conference last week.
Practice opportunity: Buy-sell agreements
A “vast opportunity” for appraisers can be found in buy-sell agreements, according to Jeff Tarbell (Houlihan Lokey) and Riley Busenlener (Chaffe & Associates Inc.), who is also an attorney.
Need to value a stadium seat license?
Often overlooked by estate professionals or dismissed as having no value, sports stadium seat licenses have an active public market that can be used as a starting point for a valuation, according to Jackson Crispin (Willamette Management Associates) in a recent article.
Kroll releases Valuation Insights Q4 2023
In the Q4 2023 edition of Valuation Insights, Kroll experts provide a recap of current global economic and financial market conditions and discuss the implications of a higher cost of capital on valuations, M&A, and IPO markets in the fourth quarter of 2023 and 2024.
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).
Global BV News: ‘Landmark’ update to IVS approved
Two years in the making, the International Valuation Standards Council (IVSC) has unanimously approved the forthcoming edition of the International Valuation Standards (IVS), set for release in January 2024.
BV movers . . .
Brent McDade, ASA, ABV, CVA, MAFF, has joined Willamette Management Associates as a director in the firm’s Atlanta office.
CPE events
BVLaw Case Update, December 13, 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.
Delay in divorce decree does not change valuation date
In a Montana divorce case, the husband became an owner of a business right before marriage.
What to know from the first-ever ASA litigation conference
BVWire attended the ASA’s 2023 Litigation in Valuation Conference last week, which was the first of its kind offered by the ASA.
Even more takeaways from the AICPA FVS confab
In the last two issues, we presented some takeaways from the first two days of the AICPA & CIMA Forensic and Valuation Services (FVS) Conference in Las Vegas last month.
M&A buyers get over 50% of synergy value, per MARKABLES study
When one company buys another, it’s a 1 + 1 = 3 deal because of synergies.
Tomorrow! ASA’s Virtual Fair Value Conference
Ray Rath (Baker Tilly US LLP) has put together an interesting program for a half-day conference tomorrow, December 7, the ASA 2023 Fair Value Virtual Conference—Winter, from 1:00 p.m. to 5:20 p.m. EDT.