Global BVU News and Trends January 2021
Business valuation news from a global perspective.
Time to look back at the core professional values required for valuation
RICS is examining the values required to meet professionalism standards and has released ‘Time to Reinforce Our Core Values,’ an opinion piece by Michael Zuriff, head of regulation, Americas, for the Royal Institution of Chartered Surveyors (RICS).
RICS opens consultation regarding rules of conduct
“Time to Reinforce Our Core Values” is the title of an opinion piece by Michael Zuriff, head of regulation, Americas, for the Royal Institution of Chartered Surveyors (RICS).
Amid Market Data Volatility, the Best Option Is a More Rigorous DCF
A panel of global valuation experts who conducted a recent webinar co-sponsored by RICS, and also NACVA, the ASA, GACVA, and CBVI gives their comments.
RICS host ‘Impact of COVID-19 on Global Business Valuation’ Town Hall tomorrow
The next in a long series of helpful free virtual panels occurs tomorrow evening 22 July.
How to value uncertainty whilst keeping your clients’ confidence
Chris Thorne tells BVWire—UK that ‘most valuer’s Inboxes at the moment are full of comment about the difficulties of undertaking valuations,’ but he’s still receiving requests for advice about ‘providing a suitable warning in their reports that their valuations are subject to material valuation uncertainty.’
Easing on physical inspections begins while RICS (and others) promote data-driven property appraisals
BVWire—UK has been following the evolution of the property appraisal market as it switched to data-only valuations in response to COVID-19 (and mortgage lenders either stopped issuing new loans, or significantly reduced their maximum loan-to-value cap, effectively keeping most new buyers out of the market).
RICS CPD recordkeeping app returns for valuers
RICS has reminded members—including those with specialities in business valuation—of their obligation to record their CPD activities each year.
HMRC Shares and Assets Valuation Fiscal Forum rescheduled
In view of the budget on 11 March, the Shares and Assets Valuation Fiscal Forum 2020 has been rearranged to Thursday 26 March.
Reminder: register for annual 2020 HMRC Shares and Assets Valuation Fiscal Forum by 14 January 2020
Business valuers who wish to attend the forum this year should notify Helen Malone by close of business on 14 January 2020.
Submit agenda items for 25 February 2020 HMRC Shares and Assets Valuation Fiscal Forum by 14 January 2020
Business valuers who wish to attend the forum this year should notify Helen Malone by close of business on 14 January 2020.
RICS symposium highlights remarkable progress of BV profession
Last month, at the RICS Business Valuation Symposium in New York City, it was evident that, in the realm of fair value for financial reporting, extraordinary progress has been made in the efforts to enhance the public trust in valuations.
CEIV quality monitoring FAQs
The AICPA and the Royal Institution of Chartered Surveyors (RICS) have released a series of FAQs that detail the much-awaited Quality Monitoring Program for the Certified in Entity and Intangible Valuations (CEIV) credential.
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.