Hot Topics Abound at ASA Fair Value Conference in New York City
The size premium, globalization, fund valuations, CEIV status, valuing debt, recent inventory guidance, and a new regulatory crackdown highlighted the recent American Society of Appraisers (ASA) Fair Value Conference, which turned out to be an outstanding event.
Appraisers should take note of this pending FASB action
A pending FASB Request for Comment pertaining to ASC 350 and 805 may impact the demand for valuation services related to financial reporting.
Remarkable progress of BV profession noted at RICS symposium
In the realm of fair value for financial reporting, extraordinary progress has been made in the efforts to enhance the public trust in valuations.
Latest SEC comment letter trends in PwC analysis
When the SEC reviews financial statements and disclosures of public firms, it may send a comment letter to the company if it has questions or sees problems.
ASA/USC fair value conference in Los Angeles June 20
Last year’s event was sold out for in-person attendance, so you may want to register now for the ASA/USC 14th Annual Fair Value Conference at KPMG in Los Angeles on June 20.
Valuation of Technology Companies: A Fair Value Update
Get an update on the guidance to fair value measurement under ASC 820 as applicable to the valuation of software companies, based on the guidance in the AICPA Guide on the Valuation of Portfolio Investments of Venture Capital and Private Equity Funds and Other Investment Companies and other best practices. Join Antonella Puca, Andreas Dal Santo, and Adam Kindreich for an overview of the valuation methodologies that are suitable for the valuation of software companies ...
Sneak peek at PCAOB report reveals fair value problems
The PCAOB continues to find “frequent deficiencies in auditing unobservable inputs used to measure the fair value of certain financial instruments,” according to a staff preview of 2018 inspection observations.
AICPA issues white paper on CVFI credential
The American Institute of CPAs has issued a white paper that explains the new Certified in the Valuation of Financial Instruments (CVFI) credential.
ASA plays to a packed house at its fair value event in New York City
An excellent program was presented to an eager crowd at the American Society of Appraisers (ASA) Fair Value Conference in New York City April 30.
ASA/USC 14th Annual Fair Value Conference: A BVR Webcast
AICPA launches CVFI credential
First announced in 2017 (see our coverage), the American Institute of CPAs has launched its new credential, the Certified in the Valuation of Financial Instruments (CVFI), with an accompanying performance framework.
Strong agenda for ASA Fair Value Conference in New York City April 30
Nationally recognized speakers and timely topics will be featured at the 2019 ASA Fair Value Conference in New York City April 30.
Valuing Common Stock After a Series A Financing
Valuing common stock in an early-stage company that has completed a Series A preferred stock financing can be challenging. According to the AICPA’s “cheap stock” practice aid, many of the conventional valuation techniques, such as the discounted cash flow method and the guideline public company method, are not applicable for early-stage companies. Instead, appraisers are advised to use the option-pricing method to backsolve to the Series A value. That calculation requires an in-depth understanding of ...
Calibration With OPM in Early-Stage Enterprises: A Fair Value Update
Based on new draft guidelines, a review of how a calibration model can be established based on the initial transaction price of an investment in an early-stage enterprise. Also discussed is how such a model could be used in subsequent measurement periods to estimate the fair value of the enterprise and of equity interests in a portfolio company.
TAF releases VFR on contingent consideration
The Appraisal Foundation (TAF) has issued a Valuation in Financial Reporting (VFR) advisory on valuing contingent consideration, also known as earnouts.
The Valuation of Private Debt Investments: A Fair Value Update
Join Antonella Puca and Andreas Dal Santo for an update on the guidance to fair value measurement under ASC 820 as applicable to private debt investments, based on the guidance in the AICPA Guide on the Valuation of Portfolio Investments of Venture Capital and Private Equity Funds and Other Investment Companies, and Other Best Practices. Learn about the valuation methodologies that are suitable for private debt investments, and hear the key provisions of the guide ...
Update on the AICPA’s New CVFI Credential
Insights into the upcoming Certified in Valuation of Financial Instruments (CVFI) credential being launched by the AICPA.
Work File Checklist for Documenting the Fair Value of Inventory
A practice aid based on the Mandatory Performance Framework (MPF) for the Certified in Entity and Intangibles Valuation (CEIV) credential.
PwC examines SEC comment letters
You can learn a lot from the large amount of back-and-forth communications between the SEC and companies over fair value measurement issues.
PCAOB updates fair value audit standards
Of interest to valuation specialists who do fair value work, the Public Company Accounting Oversight Board (PCAOB) has adopted a new standard for auditing accounting estimates, including fair value measurements, and amendments regarding specialists.
Work File Checklist for Documenting the Fair Value of Contract Liabilities
A practice aid based on the Mandatory Performance Framework (MPF) for the Certified in Entity and Intangible Valuations (CEIV) credential.
The Valuation of Early-Stage Enterprises: A Fair Value Update
Are you up-to-date on the guidance to fair value measurement under ASC 820 as applicable to early-stage enterprise? Make sure you are aware of the guidance in the AICPA Guide on the Valuation of Portfolio Investments of Venture Capital and Private Equity Funds and Other Investment Companies, as well as other best practices. In our upcoming webinar, Antonella Puca and Andreas Dal Santo provide an overview of the valuation methodologies that are suitable for early-stage ...
Work File Checklist for the Reconciliation of Intangible Asset Values
A practice aid based on the Mandatory Performance Framework (MPF) for the Certified in Entity and Intangibles Valuation (CEIV) credential.
Noncontrolling Interests in Business Combinations
Determining the fair value of a noncontrolling interest (NCI) can be as difficult as determining whether discounts are necessary. And quantifying discounts, if applicable, requires many complex considerations and involves significant judgment. To properly evaluate the cash flow, risk, and marketability of a NCI, both qualitative and quantitative analyses must be performed to determine the unique characteristics of the equity interest being valued. Join Lindsay Hill, Chad Bruntz, and Arlene Towarnicke for a walk-through of ...
Work File Checklist for Discount Rates Applicable to Various Assets
A practice aid based on the Mandatory Performance Framework (MPF) for the Certified in Entity and Intangibles Valuation (CEIV) credential.