Part Two On Business Succession Planning--How the Advantage May Be Given to the Child Keeping the Business
Part two of an article, which describes how a parent may transfer a business over to a child in a succession plan while trying to minimize the financial burden to that child.
BV specialty available to ASA real property valuers
Real property appraisers designated by the American Society of Appraisers can add a specialty in going-concern valuation for valuing a real estate-centered enterprise, i.e., a firm that also owns its real estate, such as a restaurant, nursing home, hotel, convenience store, and the like.
Almost Forty Years of Business Valuation Review
In this, my first issue as editor, I want to review how far this journal has come in its 37 years of existence and (re-)introduce new and old readers to the wealth of knowledge developed over those years. What follows is my summary of a chronological stream of articles that I found noteworthy.
From the Chair
As a group and as an organization, we need to focus our efforts, all of us, on the NextGen of professionals to become members of and eventually lead our profession. That will be a theme of the BVC over the next few years.
Takeaways From the 2018 ASA Advanced BV Conference
A wrap-up of the ASA’s Joint ASA 2018 Advanced Business Valuation and International Appraisers Conference in Anaheim, Calif.
Appraisal Review: What It Is, What It's Not—And Why It Matters
The purpose of this article is to clarify what appraisal review is and is not, according to USPAP Standards 3 and 4, and the ways in which appraisal review education can be of benefit to appraisers and ultimately benefit the users of the appraisals. Further discussion includes the qualities that determine credibility of an appraisal, the importance of focusing on the review and critique of a specific appraisal report rather than the appraiser, and the ...
ASA to give credit for iiBV courses
The American Society of Appraisers (ASA) will recognize and give credit as having fulfilled the education requirements toward ASA accreditation to students who successfully complete iiBV courses delivered in all languages.
How to earn the ASA’s BV credential in just 90 days
Experienced valuation experts who hold certain designations with other appraisal organizations can earn the BV credential from the American Society of Appraisers within 90 days under the ASA’s reciprocity arrangements.
New Board and Pending Standards Highlight PCAOB Update
At the recent ASA/USC 13th Annual Fair Value Conference in Los Angeles, George Wilfert, deputy director of the Public Company Accounting Oversight Board (PCAOB), gave an update on the organization's activities.
BVU News and Trends September 2018
A monthly roundup of key developments of interest to business valuation experts.
ASA’s BV credential for seasoned valuers
If you’re an experienced business valuer, you may want to listen to a free 30-minute, fast-paced webcast tomorrow (Thursday, August 30) on the application and accreditation process for the ASA credential from the American Society of Appraisers.
Make new contacts at ASA’s Advanced BV Conference October 7-10 in Anaheim, Calif.
In addition to getting a slew of CPE credits for attending some great educational sessions, the networking opportunities are terrific at the Joint ASA 2018 Advanced Business Valuation and International Appraisers Conference being held in Anaheim, Calif., on October 7-10.
ASA releases fifth in series of special topic papers
The Business Valuation Committee of the American Society of Appraisers (ASA) has released its fifth business valuation Special Topics-Technical Paper: “Consideration of Stock-Based Compensation in the Valuation Process.”
BVU News and Trends August 2018
A monthly roundup of key developments of interest to business valuation experts.
ASA squarely aligns itself with trustee and appraiser in Brundle ESOP litigation
One of the most controversial ESOP cases, Brundle v. Wilmington Trust, has now entered the appeals court phase. In 2017, the district court found that the trustee had caused the plan to overpay by $29.8 million by failing to scrutinize the financial advisor’s obviously flawed valuation analysis and value conclusions. The trustee and valuator had strong ESOP credentials.
Jam-packed agenda for ASA’s Advanced BV Conference
Valuation experts rely on empirical data, so here’s some for you: three days, 84 sessions, 98 speakers, two general sessions, five special networking events—plus you’re within walking distance of Disneyland!
Growing Status of Fair Value Sparks Record Attendance at ASA FV Conference
The growing importance of fair value for financial reporting and the ongoing efforts to improve the quality in this area of practice triggered a sell-out for the ASA/USC 13th Annual Fair Value Conference held May 10 in Los Angeles. Here’s a recap.
BVU News and Trends July 2018
A monthly roundup of key developments of interest to business valuation experts.
NCCA renews NACVA status
NACVA’s CVA credential has had its accreditation renewed for another five years by the National Commission for Certifying Agencies (NCCA), a division of the Institute for Credentialing Excellence.
June 30 deadline for ASA Rising Stars
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 2018-2019 election results
Robert B. Morrison (Morrison Valuation & Forensic Services) has been elected international president of the American Society of Appraisers (ASA).
TAF OKs ASA’s going concern courses
In general, going-concern value refers to the total value of a property, including both the real property and the intangible personal property, attributed to business enterprise value (assuming the business owns the real and intangible property).
BVU News and Trends June 2018
A monthly roundup of key developments of interest to business valuation experts.
Registration opens for ASA Advanced BV Conference
You can now register for the Joint ASA 2018 Advanced Business Valuation and International Appraisers Conference being held in Anaheim, Calif., on October 7-10.
Conference season is upon us: Key takeaways from the ASA/USC Fair Value Conference in Los Angeles
The growing importance of fair value for financial reporting and the ongoing efforts to improve the quality in this area triggered a sell-out for the live ASA/USC 13th Annual Fair Value Conference. For those not able to attend in person or tune into the webcast, BVR’s own executive editor, Andy Dzamba, was there and shares his key takeaways from the event.