Understanding the Science of COVID-19 Is Key to Assessing Valuation Impacts
For the economy to recover, the origin, transmission, and “hot spots” related to the coronavirus have to be understood. Much of the economy is highly localized, so the nightmare of the spreading virus will impact future cash flow of the smaller businesses most valuation experts work with. This is an excerpt from the new “BVR Briefing: The Real Story of COVID-19 for Valuation and Litigation Experts.”
Industries Most Affected by Coronavirus (Top Performing and Hardest Hit)
Vertical IQ is the leading provider of industry intelligence for those advising small- and medium-sized businesses, and their research team is working to provide updates on how COVID-19 affects industries, sectors, and economies. As the situation surrounding coronavirus (COVID-19) continues to develop, industries are experiencing the impacts in various ways.
Valuing Residential and Commercial Construction Companies
Cash flow seasonality, bid requirements, license particulars, economic forces, and ubiquitous litigation are all hallmarks of the residential and commercial construction industries and all unique factors when appraising a construction company. Join What it’s Worth guide author and expert Pasquale Rafanelli for a full inspection of residential and commercial construction company valuation issues from accounting methods to value drivers. Avoid the common valuation mistakes that appraisers make and learn to answer the one question on ...
How Has the Coronavirus Affected Consumer Confidence, Retail Sales, and Unemployment?
When it comes to saving time and effort when performing economic research, where is the best place to start given the current climate due to the coronavirus pandemic? The Economic Outlook Update (EOU), published by Business Valuation Resources, reports digest expansive research from the leading authoritative sources into one convenient report. Get a sneak peek of our April 2020 EOU report.
Discounted Cash Flow: Speculative or Convincing
Gary Trugman and Harold Martin will discuss, debate, and dissect the pros and cons of using a discounted cash flow analysis, particularly in times of COVID-19. With questions such as how to handle the unknown future, when and how to use past performance to forecast the future, what to do when management gives you a forecast that you do not believe, and what to do when management is incapable of giving you a forecast at ...
Healthcare Valuation in the Corona Virus Era: That Was Then, This Is Now
COVID-19 has impacted perhaps no industry in such a complex way as healthcare. Join Mark Dietrich in this discussion of items to consider before you forecast the likely impact on the healthcare industry of the current crisis. First, it is necessary to understand where the industry was before COVID-19 and then to understand what the crisis revealed about the allocation of resources. Second, you need to consider where future spending will be directed and how ...
Key Updates and Insights in the U.S. Economy
Having a firm grasp on the current state of the economy is vital to any business valuation engagement. Business valuation experts and many other industry professionals rely on economic indicators as a key point of reference in their work. Economic factors can have a significant impact when valuing businesses, evaluating mergers and acquisitions, and a variety of other financial analyses.
Kress gift tax case signifies approval of tax affecting—at least in federal district court
One aspect that has valuators excited about the Kress v. United States gift tax case is that the federal court that ruled on the taxpayers’ challenge to the IRS’s gift tax assessment accepted valuations from both parties’ experts that applied a C corporation tax rate to value minority shares in an S corporation.
10 key economic metrics from 1Q 2018: Housing, services, manufacturing, and more [infographic]
An infographic highlighting 10 key economic factors useful in business valuation and other financial analyses. View metrics from 1Q 2018, including housing starts, consumer confidence, retail sales, services sector index, manufacturing sector index, and more.