CPE events
Reasonable Compensation, A Specialist’s Approach, January 14, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Edward R. Rataj (CBIZ Human Capital Services). CPE credits: 2.0.
Skyrocketed but forgotten crypto figures in divorce case
In an Indiana divorce case, the couple operated a cryptocurrency business, and, after they split up, they entered into a mediated property settlement that awarded “all assets” of the business to the husband.
BVR Pro now includes on-demand training library
Subscribers to the BVResearch Pro platform now have unlimited access to BVR’s entire on-demand training library, a powerful resource of hundreds of BVR’s on-demand webinars, workshops, and exclusive webinar series led by the top minds in business valuation.
New AI for BV newsletter debuts today
Artificial intelligence is showing great potential for business valuation practitioners and their firms.
Comments wanted on proposed IRS regs regarding appraiser disqualification
The IRS is proposing changes to its Circular 230 that will strengthen its ability to disqualify appraisers who do tax-related valuations.
Most BV firms see higher revenue in 2024—and even more so in 2025
Increased volume and fee increases have driven revenue at most business valuation firms higher in 2024 than 2023 levels, according to December’s “Two-Minute Practice Builder” survey.
Valuation of an Early-Stage Enterprise Using the Income Approach
This webinar will present a case study of an early-stage biopharmaceutical (“BioPharma”) company that requires an IRC 409A valuation in connection with the grant of nonqualified stock options to its officers. The webinar will discuss the various valuation methodologies and that the income approach, using a probability-weighted discount cash flow (PWDCF) model, is the most appropriate given the facts and circumstances. The primary focus will be on how to address and incorporate the inherent significant ...
General Dental Practice (Canada)
Free Downloads
Appendix A General Dental Practice (Canada) Sample Valuation Report DR. ALLAN BROWN DENTAL SURGEON 30 Corporate Way Vancouver, British Columbia V5L 6J4 BVR’s Guide to Valuing Dental Practices 115 This digital edition was created exclusively for the use of Andrew Dzamba. For licensing options, please contact Business Valuation Resources at sales@bvresources.com. Sample Valuation Report - General Dental Practice (Canada) APPRAISAL OF THE DENTAL PRACTICE AND CERTAIN ASSETS OF DR. ALLAN BROWN 555 BC PROFESSIONAL LIMITED Prepared For DR. ALLAN BROWN DENTAL SURGEON 30 Corporate Way Vancouver, British Columbia V5L 6J4 (604) 555 - 4145 AS OF May 31, 20XX At ...
Dental Practice, Sole Proprietor
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Sample Valuation Report - Dental Practice, Sole Proprietor ...
Dental Clinics, Sole Proprietor
Free Downloads
Valuation of a Sole Proprietor Dental Practice: Sample Report VALUATION OF 100.00% OF THE SOLE PROPRIETORSHIP OF ______________________ DDS Dental Care Clinics, PLC______________________ DATE OF VALUATION: September 30, 2010 REPORT DATE: December 1, 2010 PERFORMED BY BILL SIPES CPA/ABV/PFS/ASA/CBA/CFF/BVAL/ABAR Certified Public Accountant Accredited in Business Valuation, American Institute of CPAs Personal Financial Specialist, American Institute of CPAs Accredited Senior Appraiser, American Society of Appraisers Certified Business Appraiser, Institute of Business Appraisers Certified Financial Forensics, American Institute of CPAs Business Valuator Accredited in Litigation, Institute of Business Appraisers Accredited in Business and ...
Oral Maxiofacial Surgery Practice
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Valuation Of 100% Interest In James M. Walter Jr., DDS, MS, PA As of August 16, 1996 Sample Valuation Report - Oral and Maxiofacial Surgery Practice March 26, 1999 Ms. Leigh W. Walter c/o Joseph J. Gatto Allman Spry Leggett & Crumpler PA 380 Knollwood Street, Suite 700 Winston-Salem, NC 27103 RE: The control value of the 100% interest of James M. Walter, Jr. DDS. MS. PA, as of August 16, 1996. Dear Ms. Walter: The attached appraisal report was prepared for the exclusive and confidential use of you, your attorney and other ...
Bush v. Crystal
This contract case dealing with the value of collateral for a defaulted loan took issue with the use of a business plan that did not have any foundation and was nothing more than based on “conjecture, assumption and generalization” to value a minority stock interest in an operating entity under the income approach. Forecasts or projections used in valuing an entity must be reasonable and reliable. The court affirmed the use of the net asset value approach. The opinion also affirmed that it was appropriate to have art used as collateral for a loan be valued by testimony from an art expert.
Nevada Supreme Court Affirms Exclusion of Testimony Based on a Speculative Business Plan
This contract case dealing with the value of collateral for a defaulted loan took issue with the use of a business plan that did not have any foundation and was nothing more than based on “conjecture, assumption and generalization” to value a minority stock interest in an operating entity under the income approach. Forecasts or projections used in valuing an entity must be reasonable and reliable. The court affirmed the use of the net asset value approach. The opinion also affirmed that it was appropriate to have art used as collateral for a loan be valued by testimony from an art expert.
Vending Machine Industry
This U.S. industry comprises establishments primarily engaged in retailing merchandise through vending machines that they service.
Restaurants, Full Service
This U.S. industry comprises establishments primarily engaged in providing food services to patrons who order and are served while seated (i.e., waiter/waitress service) and pay after eating. These establishments may provide this type of food service to patrons in combination with selling alcoholic beverages, providing carryout services, or presenting live nontheatrical entertainment.
Rental Centers
This industry comprises establishments primarily engaged in renting a range of consumer, commercial, and industrial equipment. Establishments in this industry typically operate from conveniently located facilities where they maintain inventories of goods and equipment that they rent for short periods of time. The type of equipment that establishments in this industry provide often includes, but is not limited to: audio visual equipment, contractors' and builders' tools and equipment, home repair tools, lawn and garden equipment, moving equipment and supplies, and party and banquet equipment and supplies.
BVR Extends Reach of Groundbreaking Research Tool
BVR has taken the next step in deploying its new research tool that uses the latest technology, the Research and Data Assistant (RADA). It has been available only to subscribers of the BVResearch Pro platform, but now it can also be used with other BVR offerings.
A Dozen Tips From the VSCPA Forensic and Valuation Services Conference
Business Valuation Update attends a great many conferences and webinars, but we never fail to learn something new. Yes, the topics can be the same, but, no matter how many times you hear about something, a different presenter will offer some new information or give a different perspective on it, which is very valuable. Such was the case at the recent two-day Forensic and Valuation Conference held by the Virginia Society of CPAs (VSCPA), which had an excellent mix of topics and speakers.
Free Resources to Help Valuers With Business Interruption Claims
For business valuation experts grappling with business interruption (BI) and damages matters in the wake of this year’s natural disasters and tech outages, BVR is offering some free resources. You can download two full chapters from The Comprehensive Guide to Economic Damages, 7th edition, that deal with BI, lost profits, and damages claims. Plus, we provide some tips on uncovering misrepresentations in claims.
Maligned and Abused Excess Earnings Method Endures—But Why?
During a recent BVR Power Panel webinar on divorce valuations, the panel wondered why, given all the drawbacks of the excess earnings method, it continues to be used, especially for small businesses and professional practices. Also, insights into how judges evaluate an analyst’s use of this method.
RESEARCH UPDATE. Featured Paper: “Six Principles for the Effective Use of ChatGPT and Other Large Language Models in Accounting”
A monthly roundup of research papers of interest to valuation experts. The featured paper is from 2023, but it is still very relevant and provides some cautions for financial experts. Despite these caveats, the authors, during a recent conference presentation, urged the audience—especially those at firms with limited resources—to get their hands dirty and “experiment with LLMs to improve the efficiency of common language generation tasks.” Other papers listed in this update discuss fraudulent ESG reporting, how AI affects the cost of equity in China, and how sexual abuse scandals have impacted corporate returns.
BV News and Trends December 2024
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends December 2024
Business valuation news from a global perspective.
AI Sessions Draw Big Crowds at AICPA FVS Conference
There was a great deal of interest in sessions dealing with artificial intelligence and large language models (LLMs) at the recent AICPA & CIMA Forensics & Valuation Services Conference in Dallas. Readers of this newsletter have seen a number of our articles on AI usage in business valuation, so we will not repeat what we have already reported but will cover some new thoughts and perspectives that add to the conversation.