New Damages Guide Examines Crypto Landscape
An understanding of the current issues and developments within the cryptocurrency industry, plus a look at some emerging case law, are crucial for damages experts in this area. This is an excerpt from the upcoming 7th edition of The Comprehensive Guide to Economic Damages.
NFT Valuation: What You Need To Know
In 2021, nonfungible token (NFT) prices drastically increased and then dropped substantially just over year later. These digital assets can be difficult to grasp, but they now play a role in personal investment portfolios and on company balance sheets. As a result, valuations of digital assets will be needed for issues such as divorce litigation, estate valuations, bankruptcy litigation, fair value measurements, and more. This presentation will demystify these investments and teach attendees how the ...
BV News and Trends March 2023
A monthly roundup of key developments of interest to business valuation experts.
New case on damages in the metaverse
An artist is liable for trademark infringement after creating and selling a series of non-fungible tokens (NFTs) that depict fur-covered purses resembling the iconic Hermès Birkin bag.
Accounting standards needed for crypto, urges paper
“We recommend that accounting regulators undertake standard-setting specifically for cryptocurrencies instead of allowing companies to choose which existing standard to apply and how to do so,” says a new paper, “Financial Reporting for Cryptocurrency.”
Global BV News and Trends December 2022
Business valuation news from a global perspective.
Takeaways from the final big BV event of 2022
The beach or the ski slope? Those were the options for attendees who ventured out to either Park City, Utah, or Fort Lauderdale, Fla., for the NACVA Business Valuation & Financial Litigation Super Conference last week.
Cryptocurrency under the radar
At the recent AAML/BVR National Divorce Conference, this question was asked: On your client intake forms, do you have any questions about cryptocurrency?
BV News and Trends May 2022
A monthly roundup of key developments of interest to business valuation experts.
Valuation standards needed for digital assets
“An agreed-upon reliable valuation method does not exist for cryptocurrencies in 2022,” say the authors of a new paper, “Digital Asset Valuation.”
BV News and Trends September 2021
A monthly roundup of key developments of interest to business valuation experts.
Tax reporting loophole shields some cryptocurrency
Uncovering assets is a common challenge in many valuation and forensics engagements, and the challenge becomes even greater when cryptocurrency is involved.
Cryptocurrency Fraud & Forensics: What Valuation Professionals Need to Know
Cryptocurrency has more recently achieved a level of mainstream appeal as an investment vehicle, regardless of its limited current application in retail transactions. As cryptocurrency usage increases, more individuals will use this new asset class as a means of committing fraud or hiding assets from creditors or ex-spouses. Join Mark DiMichael and Katerina Gaebel for an introduction to cryptocurrency, how it works, and the current regulatory environment. Experts and consultants should know the types of ...
Bitcoin & Digital Assets: The Industry, Valuation, and Forensics
Every day, bitcoin and digital assets seem to become more mainstream for both businesses and investors. Over time, valuation and forensic professionals are bound to encounter clients with digital asset holdings, and they will need to face the unique challenges they create. Experts Mark DiMichael and Jennifer Cohen will provide valuation and forensic accounting professionals with the information they need to help their clients deal with this complex asset class.
Valuation challenges posed by digital assets
Social media, audiobooks, music and video files, bitcoin, and other digital assets pose estate planning and valuation challenges, explains a new paper. A handy checklist is also provided.