BV News and Trends April 2022
A monthly roundup of key developments of interest to business valuation experts.
Global BV News and Trends April 2022
Business valuation news from a global perspective.
Global BV News: IVS and Spanish standards are broadly aligned
That’s the conclusion of an analysis the International Valuation Standards Council (IVSC) carried out in conjunction with the Asociación Española de Análisis de Valor (AEV).
Global BV News: Eurozone ERP, risk-free rates unchanged: Kroll
Kroll has left unchanged (until further notice) its recommended German normalized risk-free rate of 1.5% and its current eurozone equity risk premium range of 5.5% to 6.0% (from a German investor’s perspective).
Global BV News: VAB6 review on IVSC website
A comprehensive review of Valuing a Business, 6th edition (VAB6) is on the website of the International Valuation Standards Council (IVSC), calling it a “foundational reference for business valuation education worldwide.”
Global BV News: Cost of capital parameters in Europe as of Dec. 31, 2021
ValueTrust has released the 9th edition 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.
Global BV News and Trends March 2022
Business valuation news from a global perspective.
Global BV News: RICS withdraws global COVID-19 valuation practice alert
Because many governments and markets globally have now eased restrictions and protocols relating to COVID-19 and the impact of the pandemic is clearer, RICS has withdrawn its global COVID-19 valuation practice alert as of March 3.
Global BV News: CBV Institute adds 69 new members
Now with about 2,300 members, the CBV Institute, Canada’s valuation professional organization (VPO) and standard, recently added 69 new members to its ranks of professionals entitled to use the CBV designation.
Global BV News: Reminder: Take a survey on ESG and valuation
The International Valuation Standards Council (IVSC) would like to hear from business valuation providers, users, and investors on the issue of environmental, social, and governance (ESG).
Global BV News: CBV Institute prexy on BV profession challenges
The influx of automated valuation models and the demand for accredited professionals are two major challenges the business valuation profession faces, says Christine Sawchuk, president and CEO of the CBV Institute, Canada’s valuation professional organization (VPO), in an interview.
AICPA bridges the VS 100-IVS gap
For those valuation experts who must comply with both the AICPA’s valuation standards (VS Section 100) and the International Valuation Standards (IVS), the AICPA has issued a “bridging” document.
Global BV News: IVSC launches survey on ESG and valuation
The International Valuation Standards Council (IVSC) would like to hear from business valuation providers, users, and investors on the issue of environmental, social, and governance (ESG).
Global BV News and Trends February 2022
Business valuation news from a global perspective.
Global BV News: CBV Institute releases videos on intangibles
The CBV Institute, Canada’s valuation professional organization (VPO) and standard-setter, has released a three-part series of video interviews on the valuation of intangible assets.
Global BV News: Three valuation firms enter Saudi market
PricewaterhouseCoopers (PWC), Baker Tilly, and Land Sterling have entered the Saudi market, bringing the number of international valuers in the kingdom to nine, according to Saad Al-Baiz, director of communication at the Saudi Authority for Accredited Valuers (Taqeem).
Global BV News: European goodwill impairment up 49% in 2020
Total goodwill impairment recorded by European-listed companies in the STOXX® Europe 600 increased for the third consecutive year, rising 49%, to €54.1 billion (bn) in 2020, according to the “2021 European Goodwill Impairment Study,” from Kroll.
Global BV News: OECD issues updated transfer pricing guidelines
A new chapter on financial transactions is in the 2022 edition of the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations, which are widely followed.
Global BV News and Trends January 2021
Business valuation news from a global perspective.
Latest editions of two BVR yearbooks now available
Over 70 articles and hundreds of news items are included in the Business Valuation Update Yearbook, 2022 edition.
Global BV News: Family firms in Italy weathered the COVID-19 crisis well
A study of listed firms in Italy found that family firms fared significantly better than other firms during the COVID-19 pandemic.
Global BV News: CBV Institute releases its 2021 journal
The Chartered Business Valuators Institute (CBV Institute), Canada’s valuation professional organization (VPO) and standard-setter, puts out an excellent journal each year, and the 2021 edition is now available.
Global BV News: IVSC gets two new members
The newest members of the International Valuation Standards Council (IVSC) are: the Union of Accountants, Auditors and Financial Workers of the Federation of Bosnia and Herzegovina (UAAFWFBH), which is a nongovernmental, nonprofit professional association, membership in which is mandatory for all certified professional accountants in that area; and Sparta & Co., with offices in Istanbul and London, which is a strategy and corporate finance company that provides international M&A advisory services.
Global BV News and Trends December 2021
Business valuation news from a global perspective.
Global BV News: CFA Institute debuts Kroll’s global cost of capital summary edition
The CFA Institute Research Foundation has put out the first edition of the “International Guide to Cost of Capital (IGCC) Summary Edition” from Duff and Phelps/Kroll.