Live, from NY: Get the latest updates on all things fair value
There’s still time to register for BVR’s 3rd Annual Summit on Fair Value for Financial Reporting in New York City on February 1-2, 2010.
Note for appraisers using Done Deals
Heidi Walker, speaking on BVR’s webcast yesterday focusing on transaction databases, reminds users that “equity price” on Done Deals doesn’t quite mean what most appraisers think it does.
Filling fall with CPE opportunities
Filling fall with CPE opportunities ...
Deadline looms for ASA NY conference early bird price
Register by April 29 and receive a discounted price for the annual Current Topics in Business Valuation conference ...
New enhancements make Pratt’s Stats better than ever
Pratt's Stats, the database with details of more than 24,000 private-company transactions, has a number of exciting new features that have just rolled out.
Pratt's Stats Demo Request
Pratt's Stats Demo Request | Business Valuation Resources Search Get a peek at the most trustworthy private company transaction comparables...Pratt's Stats boasts the most complete financial details available on acquired private companies. Defend your value conclusions with evidence from nearly 30,000, 100% sold private company transactions Access hard-to-find data on how deals are structured including payment terms, purchase price allocations, employment agreements, and moreGet a detailed purchase price allocation listing (when available) of all the
New transfer pricing requirements and deadlines for UK multinationals with Hong Kong operations
The Hong Kong Inland Revenue Department (IRD) has released Departmental Interpretation and Practice Notes (DIPNs) No. 58 with new transfer pricing filing examples for UK-based enterprises.
Companion Guide to DealStats private-transaction database available free to BVWire—UK subscribers
The DealStats Companion Guide offers financial analysts a structure for supporting the best use of any private-company market transactions included in their business valuation reports.
Simplified MUM for Determining Personal Goodwill
Editor’s note: The author is a valuation expert and forensic accountant in Florida who uses the multiattribute utility model (MUM), but not in its full form. He uses a streamlined version that has been accepted in court and that may reduce the exposure to ...
Avoiding Distortion When Using An OPM to Allocate Value
In a recent BVU article, Walling and Moore noted some of the problems that emerge when valuation professionals apply Black-Scholes option pricing models (OPM) to allocate value to multiple classes of equity securities.
Allocating Value Between Intangibles and Real Estate: An Interview with Mark Krickovich
The identification and valuation of intangibles can be especially challenging in a valuation involving transfers of a location-dependent business. The importance of intangibles value can surface where a location-dependent special-purpose business changes ...
Plan Drafting and Related Issues in the Wake of the 'Breaux/Ramstad' Provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001
The intense lobbying efforts of Employee Owned S Corporations of America (ôESCAö) and The ESOP Association (ôthe Associationö) throughout 2000 success-fully turned back attempts by the Treasury Department and others to per-suade Congress to repeal the ...
Mark your calendars for May
And once the busy tax season winds down, think of attending a “Current Topics in Business Valuation Conferences,” which both the New York and Los Angeles chapters of the ASA are sponsoring in May.
FASB releases conceptual framework
Last week the Financial Accounting Standards Board and the International Accounting Standards Board jointly released the Exposure Draft.
Tightening 409A standards requires new guidance
“I have done a great deal of work in valuing VC-backed companies for 409A purposes,” says Ronald Schmidt, Ph.D., in a recent posting at the Business Valuation Professionals discussion group on ...
BV research grants available now from KPMG'S Global Valuation Institute
KPMG’s Global Valuation Institute (GVI) has issued a call for research proposals “to bridge academic research with practice excellence ...
Which law firm participated in the most private market deals in 2010?
Skadden Arps wins–or so reports the Mergermarket Group. They’ve also issued a 2010 summary that joins the ranks of very optimistic analyses of the return of the merger and acquisition marketplace.
New insights into cheap stock valuations
“When working with private company equity security valuations, be very cognizant of the company’s financing history, especially recent (less than six months) financings,”
Newest data on private company median selling price/revenue multiples
Private companies have a higher selling price/revenue multiple when a public entity is the buyer as opposed to when the buyer is private.
Pratt’s Stats hall of famers for 1Q16
Pratt's Stats now lists close to 25,000 private-company M&A transactions—thanks to business brokers and other intermediaries who contribute the data.
Pratt’s Stats hall of famers for 2Q16
Pratt's Stats now lists close to 25,000 private-company M&A transactions—thanks to business brokers and other intermediaries who contribute the data.
Global BV News: Average cost of equity in India is 15%
The 2017 edition of EY’s India Cost of Capital Survey finds that the cost of equity has remained constant since the last survey in 2014 while interest rates have declined.
Income approach most appropriate for customer-related intangibles
Valuation of Customer-Related Intangible Assets for SFAS 141 and 142 , Robert F. Reilly , Valuation Strategies , July/August 2002, pp. 18-27, 46. The new accounting standard, SFAS 142, does not al ...
A model for separating enterprise and personal goodwill
In an attempt to separate and determine the value of enterprise goodwill and personal goodwill, Wood has applied the Multiattribute Utility Model (MUM).