- For a valuation via arbitration, final means final
- Disconnect woes plague BV firms using remote staff
- Live today! SCOTUS arguments in the COLI valuation case
Regulatory uncertainty regarding ESOP valuation is a major problem
The regulatory uncertainty around valuations for employee stock ownership plans (ESOPs) is a significant burden that creates undue risk and can “hamper employee-owned businesses,” says Alex Brill, a senior research fellow at the American Enterprise Institute, in a new paper.
Will the AICPA FVS conference be the biggest of the year?
It was the biggest business valuation conference of 2022, and this year’s version should also draw a huge crowd.
Global BV News: Cross-border M&A examined in new CBV Insights
For several reasons, the prevalence of cross-border transactions involving Canadian companies is expected to expand over the next several years.
IVSC signs MOU with French accountants
During the recent annual general meeting of the International Valuation Standards Council (IVSC), a memorandum of understanding (MoU) was signed to commemorate the IVSC’s partnership with the two leading accountancy professional bodies in France, the CNCC and CNOEC.
BV movers . . .
Several staff announcements at Mercer Capital, a national business valuation and financial advisory services firm.
CPE events
Storytelling for the Expert Witness (A BVR Workshop), November 1, 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.
Active depreciation charged to business owner in divorce
In a South Carolina divorce case, the business owner (husband) appealed the family court’s decision on the valuation of the family business.
Hitchner busts more BV myths
Does the fair market value standard assume a financial buyer, without synergistic benefits?
More AI woes add to cautions
Artificial intelligence is a much-talked-about topic around the business valuation conference circuit, and most of it is cautionary.
Any impact to multiples from Section 174 changes? Not in this industry
The tax code’s Section 174 requires research and experimentation (R&E) expenses to be capitalized and written off over time.
Stories are key in BV—including in job postings
A good valuation report tells a story that ties into the numbers—and this same mindset should be used when writing job postings, advises BV recruiter John Borrowman (Borrowman Baker LLC) in his latest newsletter.
BVR ASA booth buzz: Art of Valuation book sparks interest
At BVR’s exhibit hall booth at the 2023 American Society of Appraisers International Conference in New Orleans, one of the items that generated a lot of attention was a new book, The Art of Valuation.
AICPA lets you cherry-pick some FVS conference sessions
Almost 60 sessions are offered at the upcoming AICPA & CIMA Forensic and Valuation Services Conference November 6-8 in Las Vegas live and online.
Global BV News: Check out the V20 conference October 27-29
Designed as the first truly global business valuation event, the V20 (Valuation 20) Conference will be held October 27-29 in New Delhi, India.
BV movers . . .
Emmett Mulcahy, CPA, CVA, has been admitted to the partnership at St. Paul, Minn.-based Redpath and Co. Ltd.
CPE events
Untangling Assets and Uncovering the Truth: A Deep Dive Into Divorce Financial Forensics, October 27, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Michele Laws (Divorce Dollars). CPE credits: 2.0.
Testimony of damages expert excluded due to no basis
In a Pennsylvania breach of contract case, the plaintiff’s damages expert was to testify as to lost profits.
Damodaran values Birkenstock’s intangibles
He doesn’t care for its sandals, but Professor Aswath Damodaran (New York University Stern School of Business) has taken a great interest in valuing the intangibles of footwear company Birkenstock.
BV-real estate gap regarding property rights can skew valuation
At BVR’s exhibit hall booth at the 2023 American Society of Appraisers International Conference in New Orleans, we had a conversation with Barry Cunningham (Property Tax Research LLC) about potential pitfalls when valuing real estate-centric entities (RECEs).
New edition of Hitchner book in the wings
The fifth edition of Financial Valuation: Applications and Models will be out by the end of this year or early 2024, announced author Jim Hitchner (Financial Valuation Advisors Inc.) at the recent two-day Forensic and Valuation Conference hosted by the Virginia State Society of CPAs.
Full agenda available for AICPA FVS Conference November 6-8
The full agenda for the AICPA & CIMA Forensic & Valuation Services Conference taking place November 6-8 in Las Vegas is now available.
Global BV News: Patel ‘intrigued’ by the V20, slated to speak
“Very intrigued,” responded PJ Patel (Valuation Research Corp.) about his reaction when he first heard of the V20 Valuation Summit to be held October 27-29 in New Delhi.
BVIUK Summit October 26
BVR CEO David Foster will moderate the second round of the BVIUK’s Expert Debate, where some of the best BV experts in the world discuss the most topical issues in the industry, including inflation, startup valuations, expert testimony, bias, and subjectivity.
What’s in the November issue of Business Valuation Update
Here’s what you’ll see.
BV movers . . .
Theresa Zeidler, ASA, has joined Atlanta-based KNAV as practice director-valuations.