Hitchner debuts monthly Hardball publication
James Hitchner (Valuation Products and Services) has released the first issue of Hardball With Hitchner.
Global BV News: D&P surveys impairments in the Asia-Pacific region
Close to a third of the companies surveyed in the Asia-Pacific (APAC) region anticipate taking a goodwill impairment, according to a survey report from Duff & Phelps.
Global BV News: PwC examines working capital in DACH and Benelux regions
An interesting analysis of how the COVID-19 pandemic has put cash and working capital into the limelight is in the 2021 edition of PwC’s annual “Working Capital Report,” DACH and Benelux regions.
Global BV News: KPMG on early-stage valuations
“Despite the COVID-19 crisis, global venture capital funding increased 4.0% year over year to USD 300 billion in 2020,” says KPMG’s Quarterly Brief—International Valuation Newsletter for the second quarter of 2021.
Top Expert Answers for Today’s Tough BV Questions
In BVR’s recent webinar, Power Panel: Live Expert Answers for Today’s Tough BV Questions, experts Jay E. Fishman, Michelle Gallagher, Ken Pia, and Jeffrey Tarbell covered various hot topics that affect the business valuation profession. These questions ranged from the basics, such as “What will 2021 look like?” to “What are your thoughts on the current state of the ESOP litigation environment particularly with the new administration coming in?” Here, we summarize five of the questions and answers. For more information, be sure to check out the complete recording and transcript of the session.
Global BV News: CBV Institute releases its 2021 journal
The Chartered Business Valuators Institute (CBV Institute), Canada’s valuation professional organization (VPO) and standard-setter, puts out an excellent journal each year, and the 2021 edition is now available.
Valuations for divorce: That was then, this is now (Part 2)
It’s a whole new ballgame for valuations in the context of marital dissolution, which is why the AAML/BVR Virtual Divorce Conference will focus on the most important issues impacted by all of the recent changes.
Reopen or Not? A Method for Analyzing a COVID-19-Shuttered Firm
A case study of using external yardstick data to help a client decide whether to hang in there and reopen his business or stay closed for good. This is not a full-blown valuation engagement, but rather a very high-level analysis designed to provide management with an objective basis to help make critical decisions in today’s unpredictable environment.
Record attendance at VSCPA conference
Again this year, BVR was pleased to sponsor the two-day Virginia Society of CPAs Forensic and Valuation Services Virtual Conference, which saw record attendance, reports Harold Martin (Keiter), who served as chair of the conference planning task force.
Business Valuation Year in Review 2020
What a year! This is a recap of developments in the business valuation profession under the shroud of COVID-19 including the latest thinking in methodologies, changes in regulations, new and updated resources, and practice-building ideas.
CPE events
Valuing Micro and Small Businesses in the Shadows of COVID-19, October 14, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET. Featuring: Gregory R. Caruso (Harvest Business).
CPE events
Physician Compensation and COVID-19: Then and Now and Now What? July 29, 10:00 a.m.-11:40 a.m. PT/1:00 p.m.-2:40 p.m. ET.
2022 forecasts: Executive bonuses may be reduced
At the start of COVID-19, the Investment Association (IA) released guidance suggesting that, where a registered company raised additional capital from shareholders or accepted government support to pay for furlough employees, annual bonuses to executives should “not be expected.”
Insights from the inaugural National Economic Damages Virtual Conference
Attorneys and financial experts joined forces for the first-ever National Economic Damages Virtual Conference to discuss intellectual property damages, COVID-19 damages, forensic evidence, and the ins and outs of appearing in court.
Kroll puts UK market risk in perspective
The UK economy has performed independently of the US and eurozone countries since COVID-19 began, as the first edition of the “International Guide to Cost of Capital (IGCC) Summary Edition” from Kroll confirms.
Attorneys and Valuers Link Up at AAML/BVR Virtual Divorce Conference
Coverage of several sessions that include tips on managing client expectations in uncertain times and the new “abnormal” with respect to executive compensation.
10 Takeaways From the AAML/BVR Virtual Divorce Conference
Family law attorneys, valuation professionals, and industry experts shared advice during the AAML/BVR Virtual Divorce Conference, which is ongoing and will continue tomorrow, September 24.
Expert’s Failure to Review Debtor’s Reorganization Plan Results in ‘Defective’ Hotel Appraisals
In § 506(a) hotel valuations, bankruptcy court finds creditor’s experienced expert premised appraisals on “fundamentally flawed” base assumption that hotels would be sold on the valuation date, where debtor’s plan said debtor would retain and operate hotels; court said replacement value applied.
NACVA, NYSSCPA update BV event plans
Last week, we gave you a rundown of how the coronavirus was impacting BV events.
EU risk-free rate declines, and the market risk premium increases to 9.0%
A special edition (fifth) of the “European Capital Market Study” from ValueTrust was released last week.
IPEV offers guidance for 31 March valuations
The International Private Equity & Venture Capital Valuation Guidelines Board has issued special guidance for applying the IPEV Valuation Guidelines when estimating fair value at 31 March 2020.
New Epsilon Research, FactSet, and DealStats studies offer valuers first indications of the current trajectory in private-company values
Most valuers sense that small and medium-sized enterprises are less marketable, and less valuable, than they were at the beginning of the year.
Adjusting the Income Approach Highlights AICPA FVS Conference Panel
A panel at the AICPA FVS Conference fielded a barrage of audience questions about how to help make sure the income approach captures the impacts of the current environment. The panel, moderated by Jim Hitchner (Financial Valuation Advisors), included Lisa Cribben (Wipfli LLP), Harold Martin (Keiter), and Mark Zyla (Zyla Valuation Advisors LLC).
Pandemic, ESOP Woes, Fair Value, Crypto, and Fraud at NYSSCPA Conference
The 2020 conference season is underway, and Business Valuation Update was on the scene—virtually, of course—for the New York State Society of CPAs Business Valuation/Litigation Services Conference webcast live from New York City May 18.
Takeaways from the NYSSCPA BV/Litigation conference
Conference season is here but, of course, in virtual form due to the pandemic.