A sad note …
The American Society of Appraisers announced that ASA International Past President Ronald M. Seaman, FASA, passed away at 88 years old on Tuesday, March 10.
Global BV News: D&P’s valuation insights in China
Duff & Phelps has released the 1Q20 Greater China edition of its Valuation Insights series.
BVR offers help during the COVID-19 crisis
BVR hopes that the entire valuation community will stay safe and healthy—and we are here to support you and your colleagues however you might need us.
Incorporating Industry Research Throughout the Engagement Process (Free Webinar)
In this presentation, the co-founder and CEO of Vertical IQ, Bobby Martin, will share how industry research can help you have more value-added discussions with the business owners you advise. By leveraging industry-specific content in the business valuation process, you will increase new client percentages and strengthen existing relationships. Learn best practices for using industry research to go beyond the basic requirements of business valuations.
Advisory services overtake audit at Big Four
Business valuation and related services typically fall under the “advisory services” practice area at the Big Four and other accounting firms. Advisory services now total 40% of all revenue for the Big Four firms, according to GlobalData’s International Accounting Bulletin World Survey 2020 (select tables are available here).
Global BV News: New guide bridges Canadian valuation standards to IVS
The CBV Institute is Canada’s valuation professional organization (VPO) whose members have the Chartered Business Valuator designation.
Final call for candidates for TAF board
Applications are due March 6 to The Appraisal Foundation (TAF) for qualified candidates to fill three at-large seats on its board of trustees.
Global BV News: IVSC launches new Europe Board
To give a greater European voice to the International Valuation Standards, the IVSC has appointed a number of experts to its new Europe Board, which met for the first time in Paris on February 26, according to an announcement.
How to Build a Strong Referral Network
Amazon CEO Jeff Bezos recently said that Amazon’s business is a “flywheel” because each stakeholder of its business creates more momentum for the next. One can say the same thing about Uber or AirBnB. Think about it: How did you hear about Amazon Prime, Uber, or AirBnB? The oldest marketing technique in the book acquired most customers of these companies: referral. Join Joanne Black, Matthew Cahill, Alice Heiman, Robert Gillette for a discussion moderated by Bharat ...
Members of IVSC Europe Board Announced
The IVSC announced its intention to form a valuation board with specific focus on issues related to European practitioners and valuation professional organisations (VPOs) last October.
Global BVU News and Trends February 2020
Regulators, Standard-Setters, VPOsIASB eyes plan to reintroduce goodwill amortizationAs the FASB is doing in the U.S., the International Accounting Standards Board is also exploring whether to reintroduce goodwill amortization. The IASB plans to release a Discussion Paper in early 2020 (February, we hear) for a 180-day comment period to weigh stakeholder interest in amending IFRS 3, Business Combinations, and IAS 36, Impairment of Assets.In conjunction with a recent meeting of the trustees ...
Registration opens for NYSSCPA BV and litigation services conferences
Sign-up is now available for the New York State Society of CPAs Business Valuation/Litigation Services Conference to be held May 18 in New York City.
Global BV News: Damodaran updates country risk data
Free spreadsheets on country equity risk premiums, sovereign credit default swap (CDS) spreads, government bond rates, and risk-free rates by currency and synthetic risk-free rates (with inflation rates by currency) are available from Aswath Damodaran (New York University Stern School of Business) in his latest data update for 2020.
Global BV News: Highlights of KPMG’s Q1 valuation brief
Heightened tensions in the Middle East, the UK leaving the EU, and signs that the trade dispute between China and the U.S. is subsiding are all addressed in the latest edition of KPMG’s International Valuation Newsletter (11th edition), published quarterly.
EFRAG forming advisory panel on intangibles
The European Financial Reporting Advisory Group (EFRAG) is looking for experts to serve on its Advisory Panel on Intangibles.
Conflicts of interest—and low cost or automated solutions—plague all the valuation disciplines
Business valuers are required (under the Red Book and IVS standards for instance) to maintain objectivity.
Global BV News: OIV Journal tackles 10 big BV issues
An interesting roundtable discussion on the 10 big issues in business valuation appears in the Fall 2019 issue of the journal of the Organismo Italiano di Valutazione, the valuation standards-setter in Italy.
2019 Thomas Burrage Award recipients named
The late Thomas Burrage was highly respected for his expertise in litigation, forensic accounting, business valuation, and taxation, but he is remembered most as a kind and generous man who gave back to the profession.
BVU News and Trends January 2020
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends January 2020
Business valuation news from a global perspective.
Business Valuation Year in Review 2019
A look back at some of the developments in the BV profession in 2019, including important court rulings on tax affecting pass-through entities, a possible upending to the goodwill model, a new cost of capital platform gaining traction, and advances in fair value for financial reporting.
NACVA adds to CVA ranks
In the fourth quarter of 2019, 71 members of the National Association of Certified Valuators and Analysts (NACVA) earned the Certified Valuation Analyst (CVA) credential, according to an announcement.
Global BV News: BV education doings in Ethiopia
Participants from 30 banks and insurance companies and several consulting companies attended the Art & Science of Business Valuation conference last month at Addis Ababa University School of Business and Education auditorium.
TAF seeks candidates for its board
The Appraisal Foundation (TAF) is looking for qualified candidates to fill three at-large seats on its board of trustees.
Global BV News: The story’s the thing at EACVA confab
A keynote address at the European Association of Certified Valuators and Analysts (EACVA) 13th Conference for Valuation Professionals stressed the importance of storytelling in business valuations.