Global BVU News and Trends August 2019
Business valuation news from a global perspective.
Global BV News: Damodaran updates country risk data
These days, it’s very difficult to find a company that is only exposed to domestic risk, according to Aswath Damodaran (New York University Stern School of Business) in his midyear 2019 country risk update that includes free spreadsheets on country risk premiums, sovereign credit default swap (CDS) spreads, corruption scores, political risk scores, and more.
Global BV News: Comments wanted on standards for financial instruments
Until now, no effective set of international valuation practice standards for financial instruments has been generally adopted, according to the International Valuation Standards Council (IVSC).
Global BV News: ICVS credential adds financial instruments training
The International Association of Certified Valuation Specialists, in conjunction with the Center for International Business Valuation, has added an advanced level to the International Certified Valuation Specialist (ICVS) credential.
Hong Kong issues transfer pricing guidance
The Hong Kong Inland Revenue Department (IRD) has released Departmental Interpretation and Practice Notes (DIPNs) Nos. 58, 59, and 60 and an updated version of DIPN No. 28 related to transfer pricing (TP Guidelines).
Global BVU News and Trends September 2019
Business valuation news from a global perspective.
Global BV News: KPMG reports on Euro STOXX 600 multiples and other data
Based on EV/EBITDA, most sectors in Q2 2019 for the Euro STOXX 600 experienced an increased multiple level (e.g., energy, industrials, or materials) while several EV/revenue multiples remained flat (e.g., consumer discretionary, energy, or industrials), according to the KPMG International Valuation Newsletter for the second quarter of 2019.
BVR joins the IVSC
In keeping with the theme of aligning with top BV players around the world, BVR is now a member of the IVSC.
Global BVU News and Trends July 2019
Business valuation news from a global perspective.
Global BV News: Deadline for applying for new IVSC board
The scheduled deadline is today (July 31) if you would like to apply to serve on a new board, the Europe Membership and Standards Recognition Board of the International Valuation Standards Council (IVSC).
Global BV News: Feedback wanted on proposed Hong Kong standards
The International Valuation Standards Council (IVSC) and partner organizations would like feedback on the “Hong Kong Business Valuation Quality Initiative,” a proposed “standards and professionalism framework” to support improved business valuation practices in Hong Kong.
Global BV News: P/E multiples rebound in India
The P/E multiples of a majority of industries have improved in the first quarter of 2019, according to the Duff & Phelps “Industry Multiples India Report – Seventh Edition.”
Preview of the August 2019 issue of Business Valuation Update
Here’s what you’ll see.
Global BV News: Salvidio’s global industry betas for 1Q2019
BVR offers a free download (click here) of the 1Q 2019 “Industry Betas” report from Salvidio & Partners, a Rome, Italy-based business valuation firm headed by Ascanio Salvidio.
Global BV News: IACVS seminars of note
The International Association of Certified Valuation Specialists (IACVS) will present a number of interesting CPE seminars in July at various locations.
Global BV News: IVSC needs members for a new board in Europe
The International Valuation Standards Council (IVSC) has created a new board, the Europe Membership and Standards Recognition Board, and high-profile individuals are being sought to fill the seats.
Global BV News: Agenda available for international valuation conference in New Zealand
An impressive program has been set for the ICVPME 11th International Valuation Conference in Auckland, New Zealand, on September 9-11.
Global BV News: Valuation issues in Argentina
For a high-level summary of valuation issues for companies with operations in or considering transactions in Argentina, check out this overview prepared by R. Biasca & Asociados, a member firm of the Valuation Research Group.
Preview of the July 2019 issue of Business Valuation Update
Here’s what you’ll see.
Global BV News: IVSC gives update on Asia Pacific region
In 2016, the finance ministers of the Asia-Pacific Economic Cooperation (APEC) region invited the IVSC to lead an initiative to enhance valuation practices through the widespread use of IVS across the APEC region.
Global BV News: Report from the TEGoVA conference
Dubrovnik was the backdrop for an eventful TEGoVA European Valuation Conference and General Assembly in May 2019, hosted by the Croatian Association of Court Expert Witnesses and Valuers (HDSVIP).
Global BVU News and Trends May 2019
Business valuation news from a global perspective.
Global BV News: Valuation gap for financial planners in Australia
There is a wide gap between what buyers are prepared to pay for high-quality financial planning practices in Australia and those that are considered “conventional,” reports Radar Results, an M&A expert that specializes in the financial services sector.
Global BV News: RICS debuts its BV Symposium in New York City June 3
BVWire looks forward to attending the first RICS Business Valuation Symposium, a half-day event that will examine such issues as recent changes that impact global trends in valuation, fair value measurement estimates and challenges in financial reporting, how the community is responding to the new quality monitoring program, and whether advances in technology will necessitate further changes.
Global BV News: Efforts are underway to organize BV in Japan
There are currently no valuation professional organizations (VPOs) in Japan focused on business valuation, reports Tatsumi Yamada, a member of the board of trustees of the International Valuation Standards Council (IVSC).