Black/Freen accuracy misleading
Dear Shannon: I commend your willingness to allow such a lively interchange amongst business appraisers, particularly the Black, Green and Kleeman argument from your February issue. I have s ...
Black/Green similar to Jones method
Dear Shannon: I believe the Black/Green method has a great deal of merit in the valuation of a close-held business enterprise. Even though it is very subjective, it has more relevance to a c ...
Company specific adjustment to discount rate tough problem
The "dirty little secret" in the determination of any capitalization rate not using CAPM or a comparable company basis is that soon after we all get to the same Ibbotson derived rate, a leap ...
NACVA Advisory Board member challenges methods taught
Robert E. Kleeman, Jr., CPA, ASA, CVA, is a business valuation analyst with the CPA firm Clifton, Gunderson & Co. He is a member of the Advisory Board of the National Association of Certified Valu ...