Goodwill Amortization Controversy and CEIV Highlight Fair Value in 2020
Mark Zyla (Zyla Valuation Advisors) gives some highlights of what’s on the front burner for fair value in 2020, including issues surrounding the FASB’s invitation to comment on the impairment of goodwill, an important update to the Certified in Entity and Intangibles Valuation (CEIV) credential, the increasing globalization of the profession, and upcoming guidance.
Two valuable free video resources available for BVWire—UK readers
Michael Badham, executive director of the International Institute for Business Valuation (iiBV) alerted BVWire—UK that their panel discussion on valuing financial instruments has become their single most popular program, reaching 10,000 views last week.
Exposure draft on valuing inventory open for comments through 30 April
The IVS 230 Inventories Exposure Draft was issued last week and is now in consultation for two months until 30 April.
BVU News and Trends February 2020
A monthly roundup of key developments of interest to business valuation experts.
Agenda posted for ASA/USC fair value conference in Los Angeles June 20
An excellent lineup of speakers and topics has been announced for the 15th Annual ASA/USC Fair Value Conference on Thursday, June 18, at the offices of KPMG in downtown Los Angeles.
New edition of fair value book is available
The third edition of Fair Value Measurement: Practical Guidance and Implementation is now available.
Business valuation essentials: don’t overvalue factored assets
Two years out, Carillion remains the largest trading liquidation under UK insolvency law.
Fair Value Measurements in 2020
CEIV. MPF. IVS. In the world of Fair Value Measurement it can be hard to keep your acronyms straight let alone keep your pulse on the latest developments. Expert Mark Zyla leads the demystifying session to help the rest of us to stay current on the issues. Bring questions and start 2020 off right with a kick off session from the man who literally wrote the book on Fair Value Measurements.
ASA sets date set for its Fair Value Conference in Los Angeles
Regardless of whether or not you practice in the area of fair value, mark your calendar for the 15th Annual ASA/USC Fair Value conference on Thursday, June 18, at the offices of KPMG in downtown Los Angeles.
Date set for ASA Fair Value Conference in New York City
The American Society of Appraisers’ series of fair value conference, held in New York City, Los Angeles, and San Francisco, are definite stops on BVWire’s conference trip agenda.
Latest Resources to Help Improve the Valuation of Financial Instruments
A recap of recent resources that have emerged, including some new credentialing, that are designed to improve this area of practice. This is the valuation profession’s response to the concerns of financial regulators and others around the world about the quality and consistency of financial instrument valuations.
Finishing touch put on the CEIV credential program
The Quality Monitoring (QM) program for the Certified in Entity and Intangible Valuations (CEIV) credential has been finalized.
Should business valuation be more sensitive to market pricing?
BVWire—UK has been privy to a number of conversations recently with leaders from valuation professional associations around the globe.
BVU News and Trends November 2019
A monthly roundup of key developments of interest to business valuation experts.
Auditors to increase focus on quality of work of valuation experts
In its new standard concerning the use of specialists, the Public Company Accounting Oversight Board (PCAOB) wants auditors to move away from a checklist mentality and use more professional judgment.
New resources amass regarding valuing financial instruments
The valuation profession is responding to the concerns by financial regulators and others around the world about the quality and consistency of financial instrument valuations.
Disconnect in thoughts on PCAOB performance
The Center for Audit Quality (CAQ) reports that 83% of U.S. retail investors are confident that public-company auditors are effective in their investor protection roles, according to its 2019 Main Street Investor Survey.
Possible Change to Goodwill Model Generates Buzz at ASA Fair Value Conference
Unless there’s strong opposition, it appears likely that the FASB will ease the rules that currently require public companies to test annually for goodwill impairment, a process that has become so complex that the costs may be outweighing the benefits.
Timeline Reveals Advances in Building Trust in Fair Value for Financial Reporting
Business Valuation Update attended the recent RICS Business Valuation Symposium in New York City, during which speakers gave an overview of developments in fair value for financial reporting. One session presented a timeline that strikingly illustrates the remarkable advances the profession has made in this area of practice.
BVU News and Trends August 2019
monthly roundup of key developments of interest to business valuation experts.
PCAOB issues new guidance on fair value
The Public Company Accounting Oversight Board has issued four documents that provide guidance on the new requirements for auditing accounting estimates and the auditor’s use of a specialist, which includes valuation experts.
AICPA releases final PE/VC guide
The AICPA has released the final version of a new accounting and valuation guide, Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies, which provides nonauthoritative guidance and illustrations regarding the accounting for and valuation of portfolio company investments investment companies hold within the scope of FASB ASC 946.
BVU News and Trends September 2019
A monthly roundup of key developments of interest to business valuation experts.
CEIV logjam continues
Upwards of 150 individuals have earned the Certified in Entity and Intangible Valuations (CEIV) credential so far, but many more individuals have either enrolled in the program (630 actual enrollees but up to an estimated 800 individuals) or have inquired but not yet enrolled (three to 500 individuals), according to speakers at the recent ASA/USC 14th Annual Fair Value Conference in Los Angeles.
BVU News and Trends July 2019
A monthly roundup of key developments of interest to business valuation experts.