Highlights from the 2020 NACVA Virtual Super Conference
NACVA recently held the first major multiday multitrack conference of the year online, and BVWire attended via the Zoom platform. We found excellent speakers, interesting sessions, and the technical details all went smoothly (attendees even received lunch credits via GrubHub).
12 practical ideas from NACVA’s 2018 annual conference
The ability to gather all kinds of useful tips and advice from leading valuation practitioners is one of the benefits of attending conferences. There was no shortage of good ideas at the annual conference of the National Association of Certified Valuators and Analysts (NACVA) in Las Vegas. Here are just a few pieces of helpful guidance from some of the sessions.
Valuation Experts Make the First Forbes Top 200 CPAs List
The Forbes top 200 CPAs list is out. Let's take a look at which valuators made the list.
What’s an HVAC company worth? 10 key considerations when valuing HVAC businesses
For appraisers preparing to value a heating, ventilation, and air-conditioning (HVAC) company, there is a range of industry-specific factors to navigate. Here are some of the special considerations for valuing an HVAC company.
What’s a brewery worth? Key factors when valuing a craft brewery
Explore the key factors that impact the value of a brewery, including cash flow, capacity, and key people/brewmaster.
Seven challenges when valuing electrical contracting companies
Discover solutions to the challenges of valuing electrical contracting companies. Also access a free chapter of BVR's report, What It's Worth: Valuing Electrical Contracting Companies, which offers insights on value drivers, accounting differences, bonding requirements, and more.
Appellate court ruling unfavorable to cannabiz
Section 280E of the tax code prohibits taking tax deductions for business expenses related to marijuana because of its status as a Schedule I controlled substance.
Appraisers eye booming cannabis industry
Where there’s smoke, there’s fire.
Cannabis appraiser comments on recent guidance
Last week’s BVWire covered the September 2019 AICPA FVS Eye on Fraud quarterly report, “Marijuana and Forensic Accounting—High Times for CPAs?”
New resource for valuation of cannabiz
The Cannabis Industry Accounting and Appraisal Guide is a new book from Canna Valuation, a firm devoted to the licensed and regulated cannabis industry.
New challenge to IRC Sec. 280E by the cannabis industry
One of the biggest problems of the legal marijuana industry is the inability to take tax deductions for normal business expenses.
NYSSCPA symposium spotlights the legal cannabis industry
It was standing room only at the Marijuana Symposium: Business, Tax and Legal Implications, sponsored by the New York State Society of CPAs.
What Appraisers Should Know About the History and Regulation of Cannabis
Key background information to know before doing a valuation engagement in this emerging industry.
The ‘big market delusion’ overvalues companies at first
The allure of a big market for an emerging business is hard to resist and causes “irrational exuberance” that initially overprices companies and triggers an inevitable correction.
Two new resources from BVR
Valuations in the cannabis industry and BV benchmarks are the subjects of two new resources from BVR.
Cannabiz multiples may be rising
Viridian Capital Advisors has a stock index that tracks the performance of about 50 publicly traded cannabis companies as a proxy for the industry.
CPE events
Cannabis and Hemp: Valuation and Industry Update (May 28), with Ronald Seigneur (Seigneur Gustafson LLP) and Ryan Cram (Seigneur Gustafson).
Sample chart of accounts for a legal marijuana business
During a recent free webinar, Jim Marty (Bridge West CPAs and Consultants) offered attendees a sample chart of accounts for a legal cannabis firm.
CPE events
Cannabis Industry and Valuation Update (August 7), with Ronald Seigneur (Seigneur Gustafson LLP), Stacey Udell (HBK Valuation), and Brenda Clarke (Seigneur Gustafson LLP).
Two state CPA societies host BV events this month
Some state CPA societies organize business valuation conferences, and two of them are coming up later this month.
Takeaways from the NJCPA BV conference
The New Jersey CPA Society held its Business Valuation and Litigation Services Conference last week, and event chair Don DeGrazia (Gold Gerstein Group LLC) put together an excellent program of cutting-edge and relevant topics.
Expert’s critique of opposing valuation gets excluded
In a Tennessee damages case, the defense engaged a valuation expert to do two things: (1) critique the valuation report of the opposing side; and (2) offer his own estimate of damages.
A ‘one-time, historic opportunity’
That’s how Noam Hirschberger describes the burgeoning cannabis industry, which has triggered a critical need for financial and advisory services including valuation and tax planning that will play an important role in the ongoing success of firms in this industry.
Damages experts point to areas of practice growth
Damages related to cannabis firms, cryptocurrency, and intellectual property are on the rise, according to the editors of the recently released 7th edition of BVR’s Comprehensive Guide to Economic Damages.
Timely Insights From the NYSSCPA Business Valuation and Litigation Services Conference
Topics include emerging issues (SPACs, cryptocurrency, and Zoom as a practice-builder) and some new perspectives on evergreen topics (estate valuations, cannabis, distressed firms, and collaborations).