Global BV News and Trends March 2023
Business valuation news from a global perspective.
NACVA to offer free BV training to judges
The CVA credential may get some burnishing in the eyes of judges under a new educational program.
Global BV News: Metaverse and ESG at CBV Congress June 8-9 in Toronto
A very interesting program is being offered at the CBV Congress 2023, hosted by the CBV Institute, Canada’s valuation professional organization (VPO) and standard-setter.
Global BV News: CFA Institute issues Kroll’s global cost of capital 2022 summary edition
The CFA Institute Research Foundation has put out the “Valuation Handbook—International Guide to Cost of Capital 2022 Summary Edition” from Kroll.
Maher v. Cmejrek
The wife appealed the trial court’s decisions as to the values of the husband’s interests in his various medical practices and clinics and challenged the trial court’s determination of the husband’s income for support purposes. The appellate court affirmed the values of the medical practices and clinics and remanded the determination of income for support purposes for recalculation.
Indiana Appellate Court Affirms Valuation of Medical Practice Interests of Husband but Remands for Recalculation of Husband’s Income for Child Support
The wife appealed the trial court’s decisions as to the values of the husband’s interests in his various medical practices and clinics and challenged the trial court’s determination of the husband’s income for support purposes. The appellate court affirmed the values of the medical practices and clinics and remanded the determination of income for support purposes for recalculation.
From the Chair
On September 10, 2022, in Tampa, Florida, the Business Valuation Committee convened during the 85th International Appraisers Conference.
Tell job candidates a story
The search for BV talent has never been more challenging, so anything that can help land a good candidate is very welcome. In his latest newsletter, John Borrowman (Borrowman Baker LLC), a recruiter who has worked exclusively in the BV profession for over 20 years, advises interviewers to tell candidates a story about the kind of workplace they have.
Web-based valuation platform gets financing boost
Valutico, an all-in-one web-based valuation platform, closed its first financing round with outside investors that, along with existing investors, totals in the mid 7-figures, the company announced.
NACVA’s Leadership Initiative Board starts up in June
The National Association of Certified Valuators and Analysts (NACVA) is assembling a new board, the Leadership Initiative Board (LIB).
Global BV News: Updated study of European capital markets released
The 11th edition of the “ValueTrust European Capital Market Study” provides an analysis of cost of capital parameters, returns (implied and historical) and trading multiples.
Bickering BV thought leaders: What to think?
How often do we hear well-known, veteran valuation experts “vehemently” disagreeing with each other over various issues?
Agenda set for NYSSCPA BV conference May 15
BVWire is starting to see plans coming together for this year’s conferences. The three major events (from the AICPA, ASA, and NACVA) are all later in the year, but some good events are blooming in the spring.
Global BV News: IVS exposure draft will address ESG
This April, the International Valuation Standards Council (IVSC) will publish an exposure draft outlining proposed updates to the International Valuation Standards (IVS). The draft will seek feedback on changes including new standards on “data and inputs” and explicit references to environmental, social, and governance (ESG) within the valuation process.
The Valuation of Special Share Classes in the United Kingdom
A special analysis of a recent exposure draft concerning shares to employees in the United Kingdom (England and Wales, Scotland, and Northern Ireland ...
BV News and Trends February 2023
A monthly roundup of key developments of interest to business valuation experts.
Global BV News and Trends February 2023
Business valuation news from a global perspective.
Global BV News: First-ever Innovation Valuation Summit in Korea March 21-22
“Valuation of new assets, what’s the future?” is the theme for the premier Innovative Valuation Summit.
Nix v. Nix
This case concerned an appeal of a trial court opinion in a divorce case in Indiana. The trial court based the value of a warehousing and logistics business on an offer to purchase the business the daughter of the divorcing parties presented at trial. The mother, the owner operator of the business, rejected the offer, made prior to the filing for dissolution of marriage. The appellate court remanded the decision of the trial court for revaluation of the business with instructions to determine a value within the valuation conclusions experts submitted for each party at trial.
Indiana Appellate Court Remands Value of Business—Trial Court Value Based on a Defective Offer to Purchase
This case concerned an appeal of a trial court opinion in a divorce case in Indiana. The trial court based the value of a warehousing and logistics business on an offer to purchase the business the daughter of the divorcing parties presented at trial. The mother, the owner operator of the business, rejected the offer, made prior to the filing for dissolution of marriage. The appellate court remanded the decision of the trial court for revaluation of the business with instructions to determine a value within the valuation conclusions experts submitted for each party at trial.
Next-gen BVers warn about too much technology
Veteran valuation experts have raised red flags about relying too much on technology and automation. This advice is directed particularly to young BV practitioners who have grown up surrounded by automation.
NACVA sets dates for two “super” conferences
This year, NACVA will host two multi-day “super” conferences—one in Snowbird (Salt Lake City) July 12-14 and the other in Ft. Lauderdale Dec. 13-15.
Global BV News: CBV Institute launches ED&I working group
The CBV Institute, Canada’s valuation professional organization (VPO) and standard setter will roll out a series of equity, diversity, and inclusion (ED&I) initiatives targeting the business valuation profession.
Global BV News: IVSC’s Talbot gives his views for 2023
Several key trends are shaping the valuation profession, namely environmental, social, and governance (ESG) factors, technology, and the increasingly global nature of business, says IVSC chief executive Nick Talbot.
EACVA sets date for 2023 conference
EACVA’s 16th International Annual Business Valuation Conference will be held on November 30 and December 1, in person in Berlin, Germany.