Business Valuation Terms Need Restructuring Based on Value Drivers
The business valuation profession suffers from a muddling of concepts and terms. It is time to think about a recalibration of valuation terms that grows out of the foundation that has been laid by our original business valuation pioneers.
BVU News and Trends August 2019
monthly roundup of key developments of interest to business valuation experts.
The Appraisal Foundation seeks ASB and AQB board candidates
If you—or someone you know—has the desire to serve on one of The Appraisal Foundation’s national boards, the organization is currently conducting its annual search for qualified candidates to serve on the Appraisal Standards Board (ASB) and the Appraiser Qualifications Board (AQB).
USPAP updates explained in free webinar on May 22
The Appraisal Standards Board of The Appraisal Foundation recently published the Summary of Actions, which is an overview of the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP).
ASB unanimously adopts 2020-21 USPAP
The Appraisal Standards Board, an independent board of The Appraisal Foundation, adopted unanimously the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP).
Exciting times for UK business valuation
Writing for Business Valuation Update, Andrew Strickland (Scrutton Bland Chartered Accountants) notes that new techniques are now ‘sweeping away’ business valuation methodologies that have held sway for decades in the UK.
ASB to discuss 2020-21 USPAP April 5
On April 5, the Appraisal Standards Board (ASB) will lead a discussion about the fourth exposure draft proposals for the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP).
BVU News and Trends October 2018
A monthly roundup of key developments of interest to business valuation experts.
Can ESOP Appraisal Satisfy Charitable Contribution Reporting Requirement?
Court finds using ESOP appraisal to show “qualified appraisal” is a long shot to meet charitable contribution verification requirements because appraisal did not consider tax consequences or value shares individual petitioners donated, but petitioners may have reasonable cause defense.
Chrem v. Commissioner
Court finds using ESOP appraisal to show “qualified appraisal” is a long shot to meet charitable contribution verification requirements because appraisal did not consider tax consequences or value shares individual petitioners donated, but petitioners may have reasonable cause defense.
BVU News and Trends September 2018
A monthly roundup of key developments of interest to business valuation experts.
USPAP 2020-21 second exposure draft issued
The Appraisal Standards Board has issued a Second Exposure Draft of proposed changes for the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP).
USPAP cited in IRS final regs on donations
The Internal Revenue Service (IRS) has issued final regs on valuing charitable donations that specifically cite the Uniform Standards of Professional Appraisal Practice (USPAP) of The Appraisal Foundation.
BVU News and Trends August 2018
A monthly roundup of key developments of interest to business valuation experts.
BVU News and Trends July 2018
A monthly roundup of key developments of interest to business valuation experts.
The Appraisal Foundation seeks board candidates
The Appraisal Foundation is currently conducting its annual search for qualified candidates to serve on the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB).
USPAP 2020-21 exposure draft issued
The Appraisal Standards Board has issued a First Exposure Draft of proposed changes for the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP).
BVU News and Trends June 2018
A monthly roundup of key developments of interest to business valuation experts.
USPAP 2020-21 exposure draft due in May
A first exposure draft of proposed changes for the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP) will be published in May 2018.
BVU News and Trends May 2018
A monthly roundup of key developments of interest to business valuation experts.
First-ever live streaming of ASB meeting on USPAP
The Appraisal Standards Board (ASB) of The Appraisal Foundation will conduct a public meeting on April 20 at 9:00 a.m. (Pacific Time) in Las Vegas where you’ll have a chance to give input on the Discussion Draft of Potential Areas of Change for the 2020-21 edition of Uniform Standards of Professional Appraisal Practice (USPAP).
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 ...
