Bowling Centers
This industry comprises establishments engaged in operating bowling centers. These establishments often provide food and beverage services.
BVLaw Case Update
Join Jim Alerding and Jim Ewart, veteran valuators, and Drew Soshnick, family law attorney and experienced valuation expert, for a discussion of some of the most consequential recent valuation and financial litigation decisions. The three experts will present and discuss this selection of state and federal cases. The analysis of these cases, which the experts hand-picked for their importance, will provide insight into current issues in the business valuation arena and discussion of not only ...
AI Concerns, Experiments Highlight NACVA Confab
This is a recap of several interesting sessions at the December NACVA Business Valuation & Financial Litigation Super Conference in Fort Lauderdale. The sessions discussed ethics issues and presented some demonstrations of how to leverage AI in a valuation practice.
What Valuers Should Do While SCOTUS Mulls Connelly
Regardless of how the U.S. Supreme Court rules in the Connelly case, there are some steps valuers can take to better help their client business owners, many of whom could be sitting on ticking time bombs. The issue before SCOTUS is how does corporate-owned life insurance designed to fund the redemption of a deceased shareholder’s stock impact the fair market value of the subject company and the value of the decedent’s gross estate.
Two Ways to Treat the Vanishing Bonus Depreciation Tax Break
Michelle Gallagher and Nathan Olberding (both with Adamy Valuation) present a nice example of how to consider the sunsetting of the bonus depreciation rules in a valuation. The rules were enacted by the Tax Cuts and Jobs Act (TCJA).
Quality Control Is Now the No. 1 Concern of BV Firms
What keeps business valuation firm managers up at night? Mostly, they worry about maintaining control over the quality of the work product, according to the Business Valuation Firm Benchmarking Guide. This article presents the other top concerns.
‘Very Useful’ MPF Will Be Reissued in Revamped Form
Even if you do not practice in the area of fair value for financial reporting, valuers should take notice of a document that will be going out for public comment from the AICPA. The document is a revised version of the Mandatory Performance Framework, which was issued in connection with the Certified in Entity and Intangible Valuations (CEIV) credential, which was discontinued last year.
A Wealth of Rules of Thumb in the 2024 Business Reference Guide
At a recent conference, an audience member asked top valuation thought leader Gary Trugman (Trugman Valuation): “Do you use rules of thumb in your valuations?” He replied: “Absolutely! But only as a sanity check.” A good source of rules of thumb is the Business Reference Guide, which has been updated for its 2024 edition.
Global BVU News and Trends February 2024
Business valuation news from a global perspective.
BV News and Trends February 2024
A monthly roundup of key developments of interest to business valuation experts.
Bars/Nightclubs
This industry comprises establishments known as bars, taverns, nightclubs, or drinking places primarily engaged in preparing and serving alcoholic beverages for immediate consumption. These establishments may also provide limited food services.
Bars with Slot Machines
This industry comprises establishments known as bars, taverns, nightclubs, or drinking places primarily engaged in preparing and serving alcoholic beverages for immediate consumption. These establishments may also provide limited food services.
Bars
This industry comprises establishments known as bars, taverns, nightclubs, or drinking places primarily engaged in preparing and serving alcoholic beverages for immediate consumption. These establishments may also provide limited food services.
Auto Repair (Auto Service Centers)
This U.S. industry comprises establishments primarily engaged in providing (1) a wide range of mechanical and electrical repair and maintenance services for automotive vehicles, such as passenger cars, trucks, and vans, and all trailers or (2) engine repair and replacement.
Hitchner’s annual review of need-to-know BV topics
Over 500 attendees listened to Jim Hitchner (Valuation Products and Services) do his annual review of recent need-to-know concepts, data, models, and methods in business valuation. Here are a few key points from the two-hour webinar.
IRS hiring BV experts—virtual open house February 29
Want to relocate to Hawaii? That’s one of the locations for which the IRS needs to hire business valuation experts to join its team.
Lower ERP likely for 2024, predicts Kroll
One of the “pivotal” trends for 2024 is a likely drop in the equity risk premium (ERP), predicts Kroll in its list of “10 Trends Shaping 2024.”
Weaver releases two healthcare valuation insights
How are healthcare valuation trends in 2023 likely to affect activities in 2024 and beyond? This is addressed in “Health Care Valuation 2023 Year in Review” from Weaver.
Registration open for the ASA Fair Value conference in New York City
On April 25, the ASA will hold its Fair Value Conference in New York City for both in-person and virtual attendance.
March 1 deadline for TAF board candidates
The Appraisal Foundation (TAF) is searching for candidates to serve on its board of trustees, and three positions are available. Trustees provide oversight to the Appraisal Standards Board (ASB) and Appraiser Qualifications Board (AQB ...
Global BV News: Task force pushes for more reporting of brand value
“International accounting standards should not prevent internally developed brand related-IP from being reported as intangible assets,” according to a task force formed by the International Trademark Association (INTA).
BV movers . . .
People: Daniel Turi, CFA, has joined Valuation Research Corp. (VRC) as managing director to lead portfolio valuations in the UK and continental European markets ...
CPE Events
BVLaw Case Update , February 29, 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.
Unexpected results from survey on AI usage at BV firms
“More practitioners are using AI than I would have guessed,” says Rod Burkert (Burkert Valuation Advisors), a practice management advisor, about the latest in a series of “Two-Minute Practice Builder” surveys he developed for BVWire.