ASA Rising Stars for 2023 honored in New Orleans
BVR, along with the BV recruiting firm Borrowman Baker, co-sponsored a cocktail reception for the winners of the 2023 Rising Stars (those under 40 years of age) award who were announced at the 2023 ASA International Valuation Conference in New Orleans.
Global BV News: Next edition of IVS expected January 2024
Alexander Aronsohn, technical director at the International Valuation Standards Council (IVSC) told the audience at the 2023 ASA International Conference that there were 116 responses (i.e., comment letters) to the exposure draft for the updates to the International Valuation Standards (IVS).
Lack of BV credential triggers a Daubert challenge
In a bankruptcy case in South Carolina, the defendants moved to exclude evidence of an expert, which included his exhibits and valuation report.
BV firms are thriving, per BVR’s benchmarking insights
The past few years may have been witness to the most demand, the best growth, and the highest profitability the business valuation profession has ever seen, according to the executive summary for the 2023 BVR Benchmarking Survey.
Points to know from the VSCPA conference
The annual two-day Forensic and Valuation Conference hosted by the Virginia State Society of CPAs is one event we never miss.
Global BV News: NACVA joins the V20 bandwagon
The National Association of Certified Valuators and Analysts (NACVA) has joined as a participating organization for Valuation20, according to a LinkedIn post.
Free webinar series from the IVSC and Kroll
Recordings are now available of the Kroll-sponsored series of webinars presented by the International Valuation Standards Council (IVSC) from June 7 through June 15.
Mercer Updates His State-of-the-BV-Profession Analysis
Chris Mercer (Mercer Capital) did a “state of the profession” update as a keynote presentation at the recent Business Valuation and Financial Litigation Super Conference, hosted by the National Association of Certified Valuators and Analysts (NACVA). He addressed the current number of credentialed professionals, the aging of the profession, growth outlook, how the valuation professional organizations (VPOs) are adapting, and more.
10 Short Takes From NACVA’s July Super Conference
There were top speakers, interesting sessions, and a good turnout (about 200) for the three-day NACVA Business Valuation & Financial Litigation Super Conference in person in Snowbird, Utah (and also online). Here are a few quick takeaways from some of the sessions we attended.
BV News and Trends September 2023
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends September 2023
Business valuation news from a global perspective.
NACVA adds to CVA and MFF ranks
The National Association of Certified Valuators and Analysts (NACVA) announced that 151 members recently earned their credentials (or are candidates).
Global BV News: CBV Institute opens registration for Student BV Challenge
The CBV Institute has opened registration for its Business Valuation Challenge, a national case competition for undergraduate students from top business schools across Canada.
Global BV News: Moran interviews IVSC Asia director Konialidis
The fastest growing part of the world for the valuation profession is the Asia-Pacific region, believes Ray Moran (FON Valuation Services), marketing director at the International Institute of Business Valuers (iiBV).
New book of essays by prominent valuation experts
Top experts from overlapping valuation disciplines tell their stories that capture a flavor of the romance, intrigue, art—and heart—of business appraisal in a new book, The Art of Valuation.
Next week: VSCPA Forensic and Valuation Conference
BVWire will be at the Forensic and Valuation Conference held by the Virginia Society of CPAs (VSCPA) September 26-27 in Glen Allen.
Global BV News: IVSC annual meeting in Paris October 9-11
The International Valuation Standards Council (IVSC) will hold its annual general meeting (AGM) at the Maison de la Chimie, Paris from October 9 to October 11.
The ASA’s online auction is now open
A copy of Cost of Capital, Applications and Examples or a lobster dinner for two?
Global BV News: Worldwide support grows for the V20
The list of organizations that are supporting the V20 Valuation Summit and Conference October 27-29 in New Delhi is impressive—and growing.
BV Firm Billing Rates Shot Up in 2022
The vast majority (83%) of business valuation firms increased their billing rates in 2022, according to preliminary results of BVR’s benchmarking survey. This is a much greater percentage than the last survey (2018) found, when 60% of respondents said they raised rates. Increases ranged from 3% to 25%, with an average of 11%.
Canada vs. U.S. Valuations: CBV Institute Conference Reveals Some Nuances
At the CBV Connect 2023 annual conference of the CBV Institute, Canada’s valuation professional organization (VPO) and standard-setter, it was interesting to note some of the differences between the standards and practices of valuations in Canada and the U.S.
BV News and Trends August 2023
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends August 2023
Business valuation news from a global perspective.
BV practice marketing budgets hold steady for 2023
Since most business valuation firms and practices are very busy, it’s not a great surprise that marketing budgets for 2023 are about the same as 2022 levels, according to the 2023 BVR Benchmarking Survey.
NACVA ‘blown away’ by ChatGPT
David Fein of ValuSource recently gave a demo of ChatGPT to Parnell Black, CEO of the National Association of Certified Valuators and Analysts (NACVA).