Good, free economic research from McKinsey
We hear more valuation analysts touting the free material available from McKinsey on economic and industry analyses, particularly with respect to the COVID-19 crisis.
Global BV News: Long-term view of the economic rebound
It’s a little too early to pinpoint the exact impact of the coronavirus on the economy, but a return to the level of economic activity that existed in early 2020 will probably occur at the “back end of 2021,” according to Simon Rubinsohn, chief economist for the Royal Institution of Chartered Surveyors (RICS).
Global BV News: Cost of capital parameters in Europe as of March 31, 2020
ValueTrust has released a special edition (fifth) of its “European Capital Market Study” that serves as a comprehensive compilation of capital market parameters such as cost of capital and implied as well as historical risk premiums for European countries.
AICPA issues FAQs on valuing distressed or impaired businesses
Strong companies may see the current pandemic as an opportunity to fortify their balance sheets and other assets, according to the AICPA’s FAQs on Valuation Considerations When Valuing Distressed or Impaired Businesses.
New edition released of the BV in Divorce Compendium
The most current summary and analysis of U.S. legal decisions involving business valuation and divorce is in the just-released fifth edition of BVR’s Business Valuation in Divorce Case Law Compendium.
ABA and BVR team up for annual BV wrap-up
Here’s your chance to hear a summary of all the key issues in business valuation this year.
Food for thought in BVR’s new guide to valuing restaurants
There is no magic formula for doing valuations for firms impacted by the pandemic—especially in the hard-hit restaurant sector.
A plea for transparency from the UK private equity and venture capital industry
Listed company financial reports are supposed to be transparent, and often are not.
Global BV News: Cost of capital parameters in Europe as of Dec. 31, 2020
ValueTrust has released a seventh edition of its “European Capital Market Study” that serves as a comprehensive compilation of capital market parameters such as cost of capital and implied as well as historical risk premiums for European countries.
Court Says Restaurants Fail to Meet Requirements for COVID-19-Related Business Interruption Coverage
D.C. court, ruling on parties’ motions for summary judgment, finds restaurant owners cannot show that mayor’s COVID-19-related closure orders constituted “direct physical loss” to the property, as required under the existing business interruption policy; court rules for insurer and closes case.
Does business interruption insurance decrease company-specific risk?
Business valuers often ‘tic the box’ on property and casualty insurance policies as part of their management interviews.
Global BV News: Cost of capital parameters in Europe as of June 30, 2020
ValueTrust has released a sixth edition of its “European Capital Market Study” that serves as a comprehensive compilation of capital market parameters such as cost of capital and implied as well as historical risk premiums for European countries.
Using a Discounted Cash Flow Methodology in Uncertain Times
A fundamental look at the method taking center stage during the pandemic. This article outlines how the DCF method works and to highlight the nuances and trap doors that will be encountered and must be overcome to reliably apply the method to derive an indication of value that is well reasoned and supportable for the application intended.
Meanwhile, business analysts must be ever more cautious in their selection of listed company comparables
Choosing listed company comparables as a proxy for a small-business valuation has always required a leap of faith.
The UK set a new record of 4,900 insolvencies filed in the first quarter of 2022
As anticipated, the end of emergency government COVID-19 support schemes caused company insolvencies in England and Wales to rise to their highest (since 2012) level in the first quarter of 2022.
This Deceptively Simple Tool Can Help Clients Forecast Cash Flow
Valuation and forensics expert Darrell Dorrell (Financial Forensics) offers an Excel spreadsheet you can give clients to help them keep a close eye on their cash flow during these tough times.
Free BVR webinar on business valuation during coronavirus offered 7 April
BVR will present Extreme Uncertainty: How Valuation Experts Should Respond to Today’s Volatility and Risk, a free webinar, on 7 April.
Coronavirus Updates for 24 U.S. Industries
The latest news from the Vertical IQ industry research platform.
Embracing the Hockey Stick: Alternative Approaches to Formulating and Assessing Projections
The question of projections may be one of the most challenging elements of a business or intellectual property appraisal. Most business appraisers will be placed in a position of assessing projections, including projections another appraiser provided. Join Michael Blake for an exploration of the quantitative and empirical methodologies for creating and/or validating projections. As a result of this class, you will gain exposure to potentially new tools to help make your projections more robust and ...
Cannabiz put to the test amid COVID-19
April 20 was supposed to be the once-a-year Black Friday for the legal cannabis market, but, instead, the industry is bracing for an economic blow from the coronavirus crisis.
American Business Appraisers and BVR Annual Key Issues Update
Every year American Business Appraisers brings together experts from across the country for a frank and practical discussion of the issues impacting business valuation. This year, everyone is invited to four great sessions. Get a current update on the SBA Paycheck Protection Program and the forgiveness application. Adam Rosenfield gives an overview of what the most recent changes to the program are and how that affects clients/future clients. Get guidance on how the loan and ...
The 2022 Cannabis Reset: A Redux of 2019?
Comments on the impacts to the cannabis industry in the wake of COVID-19 and related economic stimuli and amid inflation, interest rate increases, legislative reforms, and labor and supply-chain disruptions.
CPE events
Alternate Valuation Methods in the Era of COVID-19. June 11, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Daniel Van Vleet (The Griffing Group).
Dates for your diary
Today, 2 March: COVID-19 and Business Valuation—One Year Later—What Worked and What Didn’t With Jim Hitchner, paid webinar, 18:00-20:00 BT ...
Free webinar tomorrow on valuations for marital dissolutions
Join us for a free, action-packed, 60-minute webinar of short compelling insights into business valuations in a divorce context from leading experts.