Video invite to ASA FV event
In a YouTube video, Ray Rath (Globalview Advisors) gives 10 reasons why you should attend the ASA/USC 13th Annual Fair Value Conference in Los Angeles on May 10.
ASA to honor brightest young leaders
The American Society of Appraisers will offer a new Rising Stars Award to honor the brightest young ASA leaders who have demonstrated success throughout the year and who are making a difference in their professions and community.
ASA Fair Value Conference to be webcast
BVR is pleased to partner with the American Society of Appraisers (ASA) and the University of Southern California to present a live webcast of the 13th Annual Fair Value Conference at KPMG in Los Angeles on May 10.
ASA BVers convene in Houston for the Advanced BV Conference
The conference sessions were an excellent mix of theory and practice—ideas that you can use in your practice right away.
BVMovers: Grant Thornton fills up in Philly, promotions at LBMC, mergers galore
A list of the latest business valuation professional and firm news, originally published in Issue #178-1 of BVWire.
New analysis reveals different BV standards do not conflict
A casual observer may look at the various business valuation standards different organizations issue and get the idea that they are at odds with each other. But that is not the case.
AMERICAN SOCIETY OF APPRAISERS: Business Valuation Committee Special Topics Paper #4: The “Willing Buyer” and the “Willing Seller” in Fair Market Valuea
The International Glossary of Business Valuation Terms, June 2001, developed jointly by the American Institute of Certified Public Accountants, American Society of Appraisers, Canadian Institute of Chartered Business Valuators, National Association of Certified Valuation Analysts, and Institute of Business Appraisers, defines fair market value as “The price, expressed in terms of cash equivalents, at which property would change hands between a hypothetical willing and able buyer and a hypothetical willing and able seller, acting at ...
Certified in Entity and Intangible Valuations (CEIV): Advancing the Quality of Valuations
The field of business and intangible asset valuations has many of the elements of a profession. In recent years, comments by the SEC expressed concern about the structure of the business valuation profession and the lack of sufficient quality assurance procedures. As a result of these concerns, the Mandatory Performance Framework ("MPF") and Application of the Mandatory Performance Framework ("AMPF") documents were released in January 2017 to provide guidance including minimum performance standards and documentation ...
New fair value rules and performance standards highlight ASA event
New fair value regulations and the Mandatory Performance Framework (MPF) apply to everyone, not just holders of the new CEIV credential.
Mock trial highlights ASA’s Advanced BV Conference
All six valuation disciplines were put on the "stand" and cross-examined by an attorney. It demonstrated that even the best valuation report can get skewered in court.
Dreaded IRS estate valuation discount regs released
The Treasury has released long-awaited proposed IRC Section 2704 regulations designed to curb estate valuation discounts. It appears that the proposed regulations eliminate almost all minority discounts for closely held entity interests, including operating businesses owned by a family. The proposed regs have triggered a strong response from the valuation community, legal profession, and others.
FVQI exposure drafts comment period extended to August 24
You now have until August 24 to comment on two important exposure drafts that relate to the ongoing fair value quality initiative (FVQI) designed to improve financial reporting valuations for U.S. publicly traded companies.
Comments due June 24 on exposure drafts for fair value quality initiative
The ASA, AICPA, and RICS have issued two exposure drafts for public comment that relate to the ongoing initiative to improve the quality of financial reporting valuations for U.S. publicly traded companies. Comments are due June 24.
From the Chair
The year 2015 was a great one for the ASA and its Business Valuation Committee. We have a lot in store for 2016 and are excited for our organization. Let me update you on a couple of new initiatives that we are excited about.