Expand the following panels for additional search options.

AICPA Wants Feedback on Partial Revisions to Cheap Stock Guide

A working draft of two updated chapters from the AICPA Valuation of Privately-Held Company Equity Securities Issued as Compensation Guide (the “cheap stock” guide) has been issued, and the AICPA would like some feedback by September 20. This is part of a broader forthcoming update of the 2013 edition of the guide.

BV News and Trends August 2024

A monthly roundup of key developments of interest to business valuation experts.

BV News and Trends July 2024

A monthly roundup of key developments of interest to business valuation experts.

Reminder: Comments wanted on revisions to cheap stock guide

The AICPA’s Financial Reporting Executive Committee has released a working draft of two updated chapters from the AICPA Valuation of Privately-Held Company Equity Securities Issued as Compensation guide.

Comments wanted on draft chapters of revised cheap stock guide

The AICPA’s Financial Reporting Executive Committee has released a working draft of two updated chapters from the AICPA Valuation of Privately-Held Company Equity Securities Issued as Compensation Guide.

Highlights of 2021 to 2023 Delaware Valuation Decisions

A tradition in this newsletter is a regular recap of Delaware court cases involving valuation issues by Gil Matthews, a leading authority in this area. Here are his insights from the latest crop of these cases.

What to Know From the ASA Fair Value Conference

Regardless of whether you practice in the area of fair value for financial reporting, there were some valuable insights offered at the ASA Fair Value Conference in New York City this past April. Many of the concepts and methodologies apply in other valuation contexts, so valuation analysts should keep up on developments in this area.

Global BVU News and Trends June 2024

Business valuation news from a global perspective.

SEC has an uphill battle over nixed private fund rule, per PwC

Last month, we reported that the SEC’s Private Fund Adviser Rule, which was supposed to kick in starting later this year, was presenting opportunities for independent third-party valuation experts because of the increased reporting and disclosures the rule required.

Hypothetical liquidation KO’d in shareholder dispute

In an Iowa case, minority owners of a family farm were to be bought out and the experts for both sides agreed that the net asset method was the appropriate way to value the operation.

Walker v. Daniels

The appellate court was left with two questions: what was the proper date of valuation for the minority shares and what was the proper value of the shares. Three brothers were in a dispute with their two sisters. The sisters were to receive compensation in the form of a buyout of their shares in a shareholder oppression dispute. The appellate court (Iowa) concurred with the trial court and affirmed its judgment.

Iowa Appellate Court Affirms Date of Value and Value of Farming Operation in Shareholder Oppression Suit

The appellate court was left with two questions: what was the proper date of valuation for the minority shares and what was the proper value of the shares. Three brothers were in a dispute with their two sisters. The sisters were to receive compensation in the form of a buyout of their shares in a shareholder oppression dispute. The appellate court (Iowa) concurred with the trial court and affirmed its judgment.

Preview of TAF guidance on the company-specific risk premium

In the last issue, we mentioned that auditors are looking for more quantification of the company-specific risk premium.

Auditors need to see more quantification of company-specific risk

One of the major audit review issues is company-specific risk (CSR), revealed a panel of Big Four leaders at the recent ASA Fair Value Conference in New York City last week.

Lingering high interest rates may trigger more goodwill impairments

Faced with elevated interest rates that show no signs of dropping, more companies will be forced to recognize goodwill impairments, according to a recent Wall Street Journal article.

What to know from the ASA Fair Value Conference

It was another great turnout for the ASA Fair Value Conference in New York City last week.

BV News and Trends April 2024

A monthly roundup of key developments of interest to business valuation experts.

Global BV News: PPAs in India

Almost a third (28%) of the enterprise value of acquired companies in India was allocated to identified intangible assets, and 35% was attributable to goodwill, with the allocation varying considerably from industry to industry, according to an EY study on purchase price allocations (PPAs).

Damodaran at the ASA Fair Value Conference April 25

Always with interesting and provocative views, Professor Aswath Damodaran (New York University Stern School of Business) will conduct a session, Understanding and Measuring Risk, at the ASA’s Fair Value Conference in New York City on April 25.

BV News and Trends March 2024

A monthly roundup of key developments of interest to business valuation experts.

Comments due this week on fair value exposure draft

The Business Valuation Resource Panel (BVRP) of The Appraisal Foundation (TAF) has issued an exposure draft of Valuation Brief #3: Professional Interactions Unique to Fair Value for Financial Reporting.

Comments due March 31 on fair value exposure draft

The Business Valuation Resource Panel (BVRP) of The Appraisal Foundation (TAF) has issued an exposure draft of Valuation Brief #3: Professional Interactions Unique to Fair Value for Financial Reporting.

Exposure draft now available on fair value

The Business Valuation Resource Panel (BVRP) of The Appraisal Foundation (TAF) has issued an exposure draft of Valuation Brief #3: Professional Interactions Unique to Fair Value for Financial Reporting.

‘Very Useful’ MPF Will Be Reissued in Revamped Form

Even if you do not practice in the area of fair value for financial reporting, valuers should take notice of a document that will be going out for public comment from the AICPA. The document is a revised version of the Mandatory Performance Framework, which was issued in connection with the Certified in Entity and Intangible Valuations (CEIV) credential, which was discontinued last year.

BV News and Trends February 2024

A monthly roundup of key developments of interest to business valuation experts.

1 - 25 of 859 results