Survey regarding young ASA BV practitioners
The American Society of Appraisers, together with Business Valuation Resources (BVR) and the recruiting firm Borrowman Baker, is conducting a survey of ASA members under the age of 40 whose primary discipline is business valuation. The goal is to gain some insights and perspectives to help the profession better attract and develop the younger generation of practitioners.
‘Give back,’ urges 2022 NACVA Porter award recipient
A message to young business valuation professionals: “I know your time is valuable, but you have to give back to the profession. I can’t overemphasize how rewarding that is,” advises Philip J. DeCaprio Jr.
Global BV News: European BV conference in Vienna November 3-4
The 15th annual conference of the European Association of Certified Valuators and Analysts will be held in Vienna on November 3-4.
Book Review: Valuing a Business: The Analyses and Appraisal of Closely Held Companies, 6th ed.
Valuing a Business: The Analyses and Appraisal of Closely Held Companies, 6th ed., authored by Shannon P. Pratt and ASA Educational Foundation. New York: McGraw Hill, 2022.
International Valuation Glossary — Business Valuation
Business valuation providers and users benefit from common understanding of terms with clearly established meanings and consistent application throughout the profession. To this end the following societies and organizations have worked collaboratively to compile definitions for the terms included in this Glossary.
From the Chair
Do you know the history of the ASA? Currently, the ASA is raising awareness of ASA- accredited appraisers via a new global campaign called ‘‘The ASA Difference ...
ASA Ramps Up Efforts to Attract and Retain Young BV Pros
Ray Moran (FON Valuation Services), marketing director with the iiBV, interviews Johnnie White, CEO of the American Society of Appraisers, who outlined the ASA’s efforts in dealing with the ripple effects of the great resignation in the valuation profession.
BV News and Trends August 2022
A monthly roundup of key developments of interest to business valuation experts.
Global BV News and Trends August 2022
Business valuation news from a global perspective.
More takeaways from NACVA’s ‘super conference’
Last week’s issue had some takeaways from the Business Valuation & Financial Litigation Super Conference hosted by NACVA in Salt Lake City August 17-19.
Two BVers get lifetime award from the ASA
Business valuers George (Mike) Bradford (G. Michael Bradford & Associates) and John Thomson (Klaris, Thomson & Schroeder Inc.) are two of the three recipients of the 2022 Lifetime Achievement Award from the American Society of Appraisers (ASA).
Global BV News: Demand for BV experts in Canada is at an all-time high
The awareness of the business valuation profession in Canada has grown, and demand for experts is at an all-time high, says Dr. Christine Sawchuk, the president and CEO of the CBV Institute, Canada’s valuation professional organization (VPO) and standard-setter.
A Tennessee Appellate Court Affirms the Allowance of a DLOM and Affirms Calculations Under the Income Approach
This case revolved around the value to be paid for a one-third interest in a business partnership for a business that produces and sells flavored “moonshine” liquor. The trial court initially resolved all issues and determined that the plaintiff was entitled to the fair value of his one-third interest in the partnership. Defendant appealed, among other things, the trial court determination of value for his interest. The appellate court remanded for elimination of the discount for lack of control. On this appeal, the plaintiff disagreed with the trial court value and believed the DLOM should also be eliminated. The appellate court affirmed the trial court. The value affirmed was a conclusion of value issued in a summary report.
Boesch v. Holeman (II)
This case revolved around the value to be paid for a one-third interest in a business partnership for a business that produces and sells flavored “moonshine” liquor. The trial court initially resolved all issues and determined that the plaintiff was entitled to the fair value of his one-third interest in the partnership. Defendant appealed, among other things, the trial court determination of value for his interest. The appellate court remanded for elimination of the discount for lack of control. On this appeal, the plaintiff disagreed with the trial court value and believed the DLOM should also be eliminated. The appellate court affirmed the trial court. The value affirmed was a conclusion of value issued in a summary report.
Valuing Cannabis 2.0: Buckle Up, This is About to Get Interesting
The session will explore recent trends in valuing businesses and intellectual property in the cannabis industry. Appraisers often apply market-based metrics to historical data when performing traditional valuations. In the cannabis industry, history is not often indicative of the future and reliance on historical data may lead to inaccurate valuations. The value of businesses in established markets such as Colorado, Oregon, and Washington is different than the value of businesses in newly legal states or ...
What young BVers need from veteran practitioners
An interesting session—the first we’ve seen anywhere—was a panel of young valuation experts giving their perspectives on the profession.
Takeaways from NACVA’s ‘super conference’
BVWire traveled to Salt Lake City for the Business Valuation & Financial Litigation Super Conference hosted by NACVA.
Global BV News: Sustainable value is the focus at the IVAS-IVSC conference October 6-7
The leading business valuation conference in Asia Pacific has been the IVAS-IVSC Business Valuation Conference, and the next one will be October 6-7.
NACVA’s ‘super conference’ starts today!
At press time, BVWire is in Salt Lake City for the start of the first major conference of the year, the Business Valuation & Financial Litigation Hybrid & Virtual Super Conference hosted by the National Association of Certified Valuators and Analysts (NACVA).
Pay it forward, urges NACVA’s Black
The future of the valuation profession depends on practitioners giving back to the profession.
Delaware court cites studies of appraiser bias
Valuation experts who testify should not assume that the courts view them as independent parties who are advocates for their opinion rather than for the client.
Check out the speaker lineup for the ASA International Conference
A strong slate of speakers will make presentations in the business valuation tracks at this year’s International Appraisers Conference to be held October 24-26.
NACVA releases updated comparison charts of BV standards
The different sets of U.S. business valuation standards are compared in an updated chart (click here) the National Association of Certified Valuators and Analysts (NACVA) released.
What to do when job candidates take their sweet time
You’ve found a promising candidate to fill that vacant analyst spot and made an offer—but you can’t get an answer.
Global BV News: RICS launches efforts to inspire young black professionals
Members of the London-based Royal Institution of Chartered Surveyors (RICS) recently spent some time with students at Virginia State University (VSU) and Morgan State University (MSU) in Baltimore, two prominent historically black colleges and universities (HBCUs).