Financial Triage: Five One-Page Tools for Appraisers That Add Value During Transition Or Crisis
There are five simple, but powerful tools, financial experts can use to help their clients manage precious cash, increase diminished revenues, and concentrate people resources during business crises. The tools, i.e. RCF, DRC, CCO, BPM, and SMM and have been deployed for nearly two decades in businesses throughout North America ranging from sole proprietorships to Fortune 500 companies. They are ideally suited to businesses needing immediate cash and revenue enhancement supplemented by sustainable actions. Join ...
BVLaw Case Update
Join Jim Alerding, a veteran valuator, and Sylvia Golden, BVR’s legal editor, for a discussion of some of the most consequential recent valuation decisions. This selection of state and federal cases includes two key state court rulings on the use of discounts in valuing minority interests in buyback situations, a state court decision on the admissibility of calculations of value in divorce proceedings, an expansive statutory appraisal ruling involving a public company from a North ...
Early Stage Valuation: A Fair Value Perspective
June 2020 978-1-119-61363-3 Hardcover
Antonella Puca
John Wiley & Sons, Inc.
Valuing Residential and Commercial Construction Companies
Cash flow seasonality, bid requirements, license particulars, economic forces, and ubiquitous litigation are all hallmarks of the residential and commercial construction industries and all unique factors when appraising a construction company. Join What it’s Worth guide author and expert Pasquale Rafanelli for a full inspection of residential and commercial construction company valuation issues from accounting methods to value drivers. Avoid the common valuation mistakes that appraisers make and learn to answer the one question on ...
The operating profit ‘free-for-all’ may end with new IASB presentation standards
Financial analysts often start DCF valuations with ‘operating profit’ as stated on the enterprise’s income statement and then adjust prior to deriving enterprise values.
Discounts inappropriate in valuing minority interest in mandatory buyback, appeals court rules
When a minority shareholder in an Indiana company was terminated as a director and officer, a dispute arose over whether, under a buyback agreement, the use of discounts for lack of control and marketability was permissible in valuing his shares.
Accounting Issues to Consider When Valuing Construction Firms
Commercial and residential construction contractors use special methods of accounting that, if misunderstood by valuation analysts, can significantly impact a conclusion of value. This is a discussion of the main accounting issues for these firms.
BVU News and Trends April 2020
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends April 2020
Business valuation news from a global perspective.
New FRC guidance confirms lack of substantive changes in corporate reporting and audit during Brexit transition period
The Financial Reporting Council (FRC) and Department for Business, Energy and Industrial Strategy (BEIS) released FRC/BEIS letter on accounting and corporate reporting during transition period and FRC/BEIS letter for auditors during transition period late last month.
Millennials and auto trends in D&P ‘Valuation Insights’ 1Q20
Surprisingly, millennials place a material value on car ownership, and a high percentage expect to make another car purchase in the next five years, according to a recent survey from Duff & Phelps.
Facing a roadblock to your site visit?
During a recent BVR webinar, Karolina Calhoun (Mercer Capital) discussed valuation adjustments and potential forensic implications in litigation.
Explanations of all new FASB guidance in one spot
A convenient tool for understanding all of the new financial reporting standards from the FASB is available on the organization’s own website, points out an article in the Tennessee CPA Journal (January/February 2020).
Global BV News: New edition of book on valuation under IFRS
The third edition of Company Valuation Under IFRS addresses the implications for analysis, modelling, and valuation of key aspects of the International Financial Reporting Standards (IFRS), and it describes the key differences between IFRS and U.S. GAAP treatments and their implications for the analysis.
Valuation Adjustments & Potential Forensic Implications in Litigation
In a contentious divorce, shareholder dispute, damages matter, or other litigated corporate matter involving the valuation of a closely held business, the issues can be multifaceted and may require additional forensic investigative scrutiny. As such, it is important to consider the potential forensic implications of valuation adjustments as they may lead to other analyses. Join Karolina Calhoun for an examination of what adjustments you may need to consider and what to watch for in different ...
New lease rules jolt stock returns
Stock valuations took a one-time shock in the first quarter of 2019, possibly because of the new lease accounting standards from the Financial Accounting Standards Board, according to an article in the Wall Street Journal.
Global BVU News and Trends January 2020
Business valuation news from a global perspective.
Fair Value Measurements in 2020
CEIV. MPF. IVS. In the world of Fair Value Measurement it can be hard to keep your acronyms straight let alone keep your pulse on the latest developments. Expert Mark Zyla leads the demystifying session to help the rest of us to stay current on the issues. Bring questions and start 2020 off right with a kick off session from the man who literally wrote the book on Fair Value Measurements.
BVU News and Trends December 2019
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends December 2019
Business valuation news from a global perspective.
Global BVU News and Trends November 2019
Business valuation news from a global perspective.
Big Four control of UK audit market increased again last year, FRC reports
For the 17th year, the Financial Reporting Council (FRC) surveyed members of the six UK accounting associations (Association of Chartered Certified Accountants (ACCA), Institute of Chartered Accountants in Ireland (ICAI/CAI), Chartered Institute of Public Finance and Accountancy (CIPFA), Chartered Institute of Management Accountants (CIMA), Institute of Chartered Accountants in England and Wales (ICAEW), and Institute of Chartered Accountants of Scotland (ICAS)), plus the Association of International Accountants (AIA).
Further responses from BVWire—UK’s analysis of the ‘headwind’ effect of IFRS 16
BVWire—UK received a number of responses to the last issue’s coverage of a new study that suggests a possible reduction in forecasted profits as companies adapt IFRS 16.
Do business valuers need to reduce their profit forecasts due to an IFRS 16 ‘headwind’?
IFRS 16, now in effect, has been called many things, and an excellent new analysis by The Footnotes Analyst supports a new conclusion: Lease-heavy companies may increasingly see their profits suffer as they comply, particularly if lease liabilities are inflation-linked.
BVU News and Trends October 2019
A monthly roundup of key developments of interest to business valuation experts.