One way to analyze a COVID-19-shuttered firm
If you haven’t already, you will probably get this question from a client: “The pandemic forced my business to shut down."
Calculations of value are admissible in divorce, Alabama appeals court confirms
About two years ago, in Rohling v. Rohling, an Alabama appeals court upheld a trial court’s decision to admit into evidence a qualified expert’s estimate about the value of the owner spouse’s business based on a calculation engagement.
Alabama Appeals Court Affirms Calculation of Value Is Admissible and Lets Rohling Stand
In divorce case, Alabama appeals court upholds trial court’s admission of calculation of value from qualified expert for medical practice; appeals court agrees with lower court that objections to methodology go toward weight and expert’s credibility; court lets earlier Rohling decision stand.
Horne-Ballard v. Ballard
In divorce case, Alabama appeals court upholds trial court’s admission of calculation of value from qualified expert for medical practice; appeals court agrees with lower court that objections to methodology go toward weight and expert’s credibility; court lets earlier Rohling decision stand.
Rohling the Dice With a Calculation Engagement
In a divorce case in Alabama. An appeals court affirmed the trial court’s acceptance of a calculation engagement. But the case does not represent a legitimate victory for calculation engagements as much as it represents a win by forfeit.
Some courts prefer back-of-the-envelope calculations, expert says
Although some appraisers are categorically opposed to calculation engagements, it is not unusual for courts to want a back-of-the-envelope calculation, a veteran BV expert says.
Calculation engagements receive mixed reactions from courts
If the appraisal profession is conflicted over the validity of calculation engagements, so are courts, as a brief review of court decisions on the BVLaw platform shows.
BVU News and Trends May 2019
A monthly roundup of key developments of interest to business valuation experts.
BVU News and Trends April 2019
A monthly roundup of key developments of interest to business valuation experts.
Should you assume your clients are totally clueless?
Amid the ongoing debate over the use of calculation reports (see prior coverage), the author of the original article that sparked the discussion made an intriguing point.
Recording available of Hitchner’s 2018 BV highlights
Jim Hitchner (Valuation Products and Services) does an annual rundown of the prior year’s new need-to-know BV concepts, data, models, and methods (see our coverage of his latest update).
Calculation Engagements: Still Broken, Still Bad
A response to a rebuttal of the author’s previous article which strongly criticizes the use of calculation engagements.
Hitchner outlines BV highlights of 2018
During his annual update webinar, Jim Hitchner (Valuation Products and Services) does a rundown of the new need-to-know BV concepts, data, models, and methods.
Letter to the Editor: Calculation Engagements and USPAP
In response to the recent controversy over the use of calculation engagements. BVU recently published several articles on calculation engagements, and this letter is in response to those articles.
Valuation or Calculation: A Bad Appraisal Is Still a Bad Appraisal
A response to the recent controversy over the use of calculation engagements.
BVU News and Trends November 2018
A monthly roundup of key developments of interest to business valuation experts.
Rebuttal to calculation report comments
In last week’s issue of BVWire, we included some comments from readers about two articles (see “Calculation Report Controversy” link) we posted, one of which urges valuation experts to stay away from calculation engagements and a rebuttal article that disagrees with some of the points made.
Readers comment on calculation report controversy
Are calculation engagements a good thing or bad thing for the valuation profession?
Alabama divorce court adopts result of calculation engagement
There is a split in the valuation community as to the merit of calculation engagements. As we recently reported, some valuators are adamantly opposed to doing them, whereas other appraisers believe that calculation engagements have a rightful place in their tool kit.
Article sparks calculation report controversy
Some valuation experts are of the opinion that calculation engagements are not a good thing for the profession.
Calculation engagement value holds up in Alabama divorce litigation
Many valuators are adamantly opposed to doing calculation engagements, as we recently reported.
‘Breaking Bad’ in the Business Valuation Profession
The increasing use of calculation engagements seriously compromises the valuation profession’s historical standards of reliability and independence.
‘Breaking Bad’ in the BV profession
Just like the character in the hit drama series, some good appraisers are going “bad” by doing calculation engagements—dubbed “valuation meth” by Michael Paschall (Banister Financial Inc.) in a new article.
Appeals Court Validates Trial Court’s Reliance on Calculation of Value
Appeals court rejects claim that expert’s value determination pursuant to a calculation engagement rather than a valuation engagement was unreliable; trial court properly considered limitations inherent in a calculation engagement when crediting expert’s value estimate, appeals court says.
Rohling v. Rohling
Appeals court rejects claim that expert’s value determination pursuant to a calculation engagement rather than a valuation engagement was unreliable; trial court properly considered limitations inherent in a calculation engagement when crediting expert’s value estimate, appeals court says.