Expert’s Goodwill Calculation Based on Rule of Thumb Sinks Under Appellate Scrutiny
In divorce case, appeals court overturns trial court’s valuation for an independent insurance agency; the trial court, without analysis, accepted there was goodwill and adopted expert’s calculation of goodwill using multiple “derived from a non-analogous source applying un-adjusted factors.”
Latest SEC comment letter trends in PwC analysis
Valuable information can be gleaned about fair value measurement issues from comment letters the SEC sends after it reviews public companies’ financial statements and disclosures.
Refinitiv and S&P Global both enhance sustainability ‘ESG’
The two big financial data providers, Refinitiv and SPGI, released improvements to their methodologies to score listed company performance across social value themes including emissions, environmental product innovation, diversity and inclusion, human rights, and shareholder access.
Latest Update on Proposal to Upend Goodwill Accounting
Goodwill remains a very important valuation topic globally this year, and Business Valuation Update continues to cover the responses to initial efforts in the consideration of whether to upend the current goodwill impairment model and revert back to one of amortization of the world’s goodwill assets.
BVU News and Trends April 2020
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends April 2020
Business valuation news from a global perspective.
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.
More Ups and Downs for Patent Valuations in the UK and Beyond
Business valuers can expect further changes in the UK landscape for intellectual property (IP) creation and commercialization. Intangibles now represent almost 90% of the market value of the largest listed companies, so these changes may be the most significant factor in many current business valuations.
BVU News and Trends March 2020
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends March 2020
Business valuation news from a global perspective.
Examining the Correlation Between IP and Startup Valuations
Based on recent studies, this article discusses the role that intellectual property (IP) assets play in startup valuations and the IP strategy startups that recently went public implemented.
BVU News and Trends February 2020
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends February 2020
Regulators, Standard-Setters, VPOsIASB eyes plan to reintroduce goodwill amortizationAs the FASB is doing in the U.S., the International Accounting Standards Board is also exploring whether to reintroduce goodwill amortization. The IASB plans to release a Discussion Paper in early 2020 (February, we hear) for a 180-day comment period to weigh stakeholder interest in amending IFRS 3, Business Combinations, and IAS 36, Impairment of Assets.In conjunction with a recent meeting of the trustees ...
EFRAG forming advisory panel on intangibles
The European Financial Reporting Advisory Group (EFRAG) is looking for experts to serve on its Advisory Panel on Intangibles.
New edition of fair value book is available
The third edition of Fair Value Measurement: Practical Guidance and Implementation is now available.
Global BV News: Video of panel on whether goodwill is a wasting asset
Accounting rule makers across the globe are mulling the idea of upending the current goodwill impairment model and reverting back to one of amortization.
More ups and downs for patent valuations in the UK and beyond
Business valuers can expect further changes in the UK landscape for IP creation and commercialisation.
Analysts, management, and investors all benefit from better information on intangibles
The UK’s FRC is not alone in its expectations for improved reporting on intangible assets, though their discussion paper from February 2019 (‘Business Reporting of Intangibles: Realistic Proposals’) remains front and center as valuation organisations (and IASB/FASB) review current methods.
Business valuation essentials: don’t overvalue factored assets
Two years out, Carillion remains the largest trading liquidation under UK insolvency law.
The Evolving Landscape of Intellectual Property That Impacts Valuation
A growing number of developments in the landscape of IP creation and commercialization are impacting IP valuations, or have the potential to do so.
Global BVU News and Trends January 2020
Business valuation news from a global perspective.
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.
Paper examines goodwill impairment as a leading indicator
As accounting rule makers ponder the idea of upending the current goodwill impairment model and reverting back to one of amortization, a series of papers is exploring this topic.
AICPA issues practice aid on digital assets
Ten questions are asked and answered in a new AICPA practice aid, Accounting For and Auditing of Digital Assets, under U.S. GAAP and GAAS (auditing standards ...