From the Chair
Recently the Business Valuation Committee approved increased equivalency for individuals with the CFA designation, provided that they have at least five years of full-time business valuation experience. Now, if an individual has at least five years of full-time business valuation experience and the CFA designation, he or she is not required to take ASA’s BV 201 to BV 204 classes.
Editor's Column
This issue provides you with two reviews of important books for valuation experts: The Advisor’s Guide to Health Care, 2nd Edition and Answers to 157 Questions That Every Appraiser Should Know.
NACVA's star-studded silver anniversary conference
Shannon Pratt, Roger Grabowski, Jim Hitchner, Nancy Fannon, and the Honorable Judge David Laro of the Tax Court are just a few of valuation thought leaders dubbed by NACVA as “industry titans” who gave presentations at the organization’s 25th anniversary conference in San Diego
Comments due June 24 on exposure drafts for fair value quality initiative
The ASA, AICPA, and RICS have issued two exposure drafts for public comment that relate to the ongoing initiative to improve the quality of financial reporting valuations for U.S. publicly traded companies. Comments are due June 24.
From the Chair
The year 2015 was a great one for the ASA and its Business Valuation Committee. We have a lot in store for 2016 and are excited for our organization. Let me update you on a couple of new initiatives that we are excited about.
Editor's Column
In this issue, you will find Professor John Paglia’s “Appraiser versus Real World Debates,” where he presents updated information for the cost of capital analyses for private companies. Also related to the cost of capital are two more articles. One is Jaime Dalmeida’s article “Why Salvador Dali Would Not Have Made a Good Appraiser: BV and Real Estate Discount Rates.” This article on real estate discount rates and rates of return in business valuation is an ...