In BVU article, Strickland suggests cost approach may be the ‘Cinderella’ of current crisis
The cost approach is normally accorded a lower status for going concerns, but Andrew Strickland advises valuers to think twice given the current crisis.
EU risk-free rate declines, and the market risk premium increases to 9.0%
A special edition (fifth) of the “European Capital Market Study” from ValueTrust was released last week.
Global BVU News and Trends April 2020
Business valuation news from a global perspective.
Global BV News: Cost of capital parameters in Europe as of March 31, 2020
ValueTrust has released a special edition (fifth) of its “European Capital Market Study” that serves as a comprehensive compilation of capital market parameters such as cost of capital and implied as well as historical risk premiums for European countries.
Special COVID-19 issue of Business Valuation Update
Normally, Business Valuation Update is available only to subscribers (or subscribers of the BVResearch Pro platform).
Global BV News: VRG releases free webinar on global valuation impacts of COVID-19
A spotlight on pandemic-related market developments in China and Hong Kong, India, Spain, and the U.S. is available as a free webcast from Valuation Research Group.
Global BV News: Look globally during pandemic, panel advises
We’re in more of a global economy today than during previous crises, but the coronavirus crisis will impact pockets around the world differently, points out a panel of global valuation experts in a free webinar the iiBV hosted.
Global BV News: EIU: Global economy will contract by 2.2%
In the wake of the coronavirus outbreak, the Economist Intelligence Unit (EIU) has revised its growth forecasts for all countries across the world, and the picture is “bleak,” it says in a report.
Global BVU News and Trends March 2020
Business valuation news from a global perspective.
Free BVR webinar on business valuation during coronavirus offered 7 April
BVR will present Extreme Uncertainty: How Valuation Experts Should Respond to Today’s Volatility and Risk, a free webinar, on 7 April.
New FRC guidance confirms lack of substantive changes in corporate reporting and audit during Brexit transition period
The Financial Reporting Council (FRC) and Department for Business, Energy and Industrial Strategy (BEIS) released FRC/BEIS letter on accounting and corporate reporting during transition period and FRC/BEIS letter for auditors during transition period late last month.
Global BV News: Global VPOs issue guidance and support to valuers during crisis
Valuation experts can look to the latest edition of the International Valuation Standards (under Section 103: “Reporting”) for guidance on valuations during this time of uncertainty, points out Nick Talbot, chief executive of the International Valuation Standards Council (IVSC) in a statement.
Global BV News: D&P’s valuation insights in China
Duff & Phelps has released the 1Q20 Greater China edition of its Valuation Insights series.
Millennials and auto trends in D&P ‘Valuation Insights’ 1Q20
Surprisingly, millennials place a material value on car ownership, and a high percentage expect to make another car purchase in the next five years, according to a recent survey from Duff & Phelps.
Global BV News: New guide bridges Canadian valuation standards to IVS
The CBV Institute is Canada’s valuation professional organization (VPO) whose members have the Chartered Business Valuator designation.
Global BV News: IVSC issues exposure draft on inventories
The International Valuation Standards Council (IVSC), the independent standard-setter for the global valuation profession, has issued proposed new standards for the valuation of inventory.
Global BV News: IVSC launches new Europe Board
To give a greater European voice to the International Valuation Standards, the IVSC has appointed a number of experts to its new Europe Board, which met for the first time in Paris on February 26, according to an announcement.
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 ...
Global BV News: Damodaran updates country risk data
Free spreadsheets on country equity risk premiums, sovereign credit default swap (CDS) spreads, government bond rates, and risk-free rates by currency and synthetic risk-free rates (with inflation rates by currency) are available from Aswath Damodaran (New York University Stern School of Business) in his latest data update for 2020.
Global BV News: New edition of book on valuation under IFRS
The third edition of Company Valuation Under IFRS addresses the implications for analysis, modelling, and valuation of key aspects of the International Financial Reporting Standards (IFRS), and it describes the key differences between IFRS and U.S. GAAP treatments and their implications for the analysis.
Global BV News: Highlights of KPMG’s Q1 valuation brief
Heightened tensions in the Middle East, the UK leaving the EU, and signs that the trade dispute between China and the U.S. is subsiding are all addressed in the latest edition of KPMG’s International Valuation Newsletter (11th edition), published quarterly.
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.
Global BV News: OIV Journal tackles 10 big BV issues
An interesting roundtable discussion on the 10 big issues in business valuation appears in the Fall 2019 issue of the journal of the Organismo Italiano di Valutazione, the valuation standards-setter in Italy.
Global BVU News and Trends January 2020
Business valuation news from a global perspective.
Global BV News: BV education doings in Ethiopia
Participants from 30 banks and insurance companies and several consulting companies attended the Art & Science of Business Valuation conference last month at Addis Ababa University School of Business and Education auditorium.