AICPA stands by ABV decision; critics rebut timeline
In a letter to CPA/ABV holders, the AICPA says it has “carefully considered” the concerns about opening up the ABV credential to non-CPAs and that it stands by its decision to do so.
Global BV News: Damodaran’s global seminars
Professor Aswath Damodaran (Stern School of Business, New York University) has a number of single and multiday business valuation seminars around the world, including Hong Kong (August 27-28), Vietnam (August 30-31), Amsterdam (September 26) and other locales.
Global BV News: Two major conferences in Romania
There are two major upcoming events for the international community of valuers in collaboration with the World Association of Valuation Organizations (WAVO) and the International Valuation Standards Council (IVSC).
Amid outcry, AICPA will improve decision process re: credential matters
In a response to harsh criticism, the AICPA has acknowledged that it could have handled the decision process better regarding the change in eligibility for the ABV credential.
Paper suggests key to improving fair value audits
Auditor experience—not guidance from regulators—will lead to higher audit quality of fair value measurements, according to a new paper, “Auditor Fair Value Expertise.”
Jam-packed agenda for ASA’s Advanced BV Conference
Valuation experts rely on empirical data, so here’s some for you: three days, 84 sessions, 98 speakers, two general sessions, five special networking events—plus you’re within walking distance of Disneyland!
Global BV News: Dates set for 2019 international valuation conference in New Zealand
Business and machinery valuers will come together Sept. 8-11, 2019, in New Zealand for next year’s international valuation conference.
Global BV News: Comment period opens for proposed revisions to IVS 2017
The consultation process for proposed revisions to IVS 2017 is now open, and you can download a copy of the consultation document if you click here.
New survey reveals overwhelming criticism of AICPA's ABV change
The vast majority (94%) of almost 2,000 respondents to a survey say they disagree with the AICPA’s decision to open up the ABV credential to non-CPAs (see prior coverage).
AICPA members kept in dark about pending ABV change
The July 4th holiday is over, but the fireworks continue in the controversy surrounding the ABV credential.
[More] BV buzz from NACVA’s annual conference
In the last issue, we included some takeaways from some of the sessions we attended at the annual conference of the National Association of Certified Valuators and Analysts (NACVA) in Las Vegas.
Last chance to take survey on growing controversy over the ABV credential
Leading members of the CPA/ABV community ask that you take a survey on the AICPA’s decision to open up the ABV credential to non-CPAs. The survey will be closed soon, so please make your voice heard on this important matter.
Draft Regulations Take Center Stage at the BV Summit in Mumbai
A recap of the Business Valuation Summit—Mumbai where the focus was a discussion of the draft regulations for the Registered Valuer program.
Tips and Takeaways From the NYSSCPA BV Conference
BVU attended the annual business valuation conference of the New York State Society of CPAs (NYSSCPA) on May 21 in New York City. As usual, it was an excellent conference, and here are a few takeaways from the sessions.
Global BVU News and Trends July 2018
Business valuation news from a global perspective.
Make your voice heard in the AICPA ABV controversy
Leading CPA/ABVs are asking that you give your opinion on the recent decision by the American Institute of Certified Public Accountants (AICPA) to allow non-CPAs to be eligible for the Accredited in Business Valuation (ABV) credential (see prior coverage).
BV buzz at NACVA’s annual conference
BVWire was in Las Vegas last week at the annual conference of the National Association of Certified Valuators and Analysts (NACVA).
New BV standards charts reveal no conflicts
The different sets of U.S. business valuation standards do not conflict with each other, according to an updated tale-of-the-tape chart released by NACVA.
Global BV News: BV in countries without developed markets
James Searby (FTI Consulting) has published an article in the Middle Eastern and African Arbitration Review 2018 on the issues arising during a business valuation in countries without developed financial markets.
AICPA’s move to allow non-CPAs to get ABV sparks strong reaction
A number of prominent CPA/ABVs are urging the AICPA to reconsider a recent decision by its governing board to allow non-CPAs to be eligible for the Accredited in Business Valuation (ABV) credential. Please take a survey and give your thoughts.
Why keep up with fair value if you don’t practice in it?
Talking with some attendees at the recent NYSSCPA conference in New York City, we were discussing M&A, and someone was asked whether he had read the exposure draft on valuing contingent consideration, a Valuation for Financial Reporting (VFR) advisory that The Appraisal Foundation (TAF) issued.
NCCA renews NACVA status
NACVA’s CVA credential has had its accreditation renewed for another five years by the National Commission for Certifying Agencies (NCCA), a division of the Institute for Credentialing Excellence.
June 30 deadline for ASA Rising Stars
The American Society of Appraisers will offer a new Rising Stars Award to honor the brightest young ASA leaders who have demonstrated success throughout the year and who are making a difference in their professions and community.
Global BV News: TAF’s Bunton discusses USPAP-IVS link
In an interview, David Bunton, president and CEO of The Appraisal Foundation (TAF), was asked about the relationship between USPAP and the International Valuation Standards (IVS) and how TAF is equipping U.S. appraisers with the information they need to apply IVS.
The Appraisal Foundation seeks board candidates
The Appraisal Foundation is currently conducting its annual search for qualified candidates to serve on the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB).