BV News and Trends September 2022
A monthly roundup of key developments of interest to business valuation experts.
ASA Ramps Up Efforts to Attract and Retain Young BV Pros
Ray Moran (FON Valuation Services), marketing director with the iiBV, interviews Johnnie White, CEO of the American Society of Appraisers, who outlined the ASA’s efforts in dealing with the ripple effects of the great resignation in the valuation profession.
BV News and Trends August 2022
A monthly roundup of key developments of interest to business valuation experts.
Pay it forward, urges NACVA’s Black
The future of the valuation profession depends on practitioners giving back to the profession.
What to do when job candidates take their sweet time
You’ve found a promising candidate to fill that vacant analyst spot and made an offer—but you can’t get an answer.
Highlights From the 2022 NYSSCPA BVLS Conference
Money laundering, earnouts, valuing debt, and SPAC enforcement are a few of the topics presented at the Business Valuation and Litigation Services (BVLS) conference hosted by the New York State Society of CPAs. Here are some key takeaways.
BV News and Trends July 2022
A monthly roundup of key developments of interest to business valuation experts.
Global BV News: Valuation opportunities in the MENA region
The Middle East North Africa (MENA) region appears to be a high-growth area for the valuation profession, according to a recent panel discussion with TAQEEM, Kroll, and Deloitte.
Automating Valuation Reports
Most BVFLS practitioners rely on Microsoft Office products and tools to develop and support their work. In this program, join Nick Mears to learn the essential techniques to integrate Microsoft Excel and Word for report writing purposes. See integration techniques to automate report sections to eliminate mistakes, reduce rework, and improve consistency and efficiency. With a focus on practical implementation, this session will guide attendees through real-world examples of developing Excel models that can be ...
BV News and Trends June 2022
A monthly roundup of key developments of interest to business valuation experts.
Submitted for your approval: the BV Zone
The Business Valuation Zone is a new free customizable service that sifts through articles, research studies, and thought-leadership blogs from hundreds of leading business valuation sources.
CPA firms continue to have trouble finding staff
Historically, “finding qualified staff” has been a leading concern of all CPA firms other than sole proprietors, and that held true to a large degree this year, according to the “2022 PCPS CPA Firm Top Issues Survey” unveiled during the recent AICPA ENGAGE Conference in Las Vegas.
Morrison cautions appraisers regarding automation
Blind reliance on automated tools for business valuation is a danger, says past ASA international president Bob Morrison, FASA, who spoke on a recent webinar on the future of the valuation profession.
Comments on an Article on Attracting More Practitioners to BV
An article in last month’s Business Valuation Update discussed the need to make business valuation a more recognized career path. This article includes some very thoughtful comments by Dr. Michael A. Crain, CPA/ABV, CFA, CFE, an academic and practitioner.
Breaking Into Bankruptcy Valuations With Little—or No—Experience
There are a lot of opportunities for business valuation analysts in the context of financially distressed or bankrupt companies. A veteran expert gives some advice on how to add this area to your practice regardless of your level of direct experience.
Using the Valuation Report as a Selling Tool
A business valuation report is the perfect forum for selling the valuation analyst’s conclusion regarding the value of the valuation subject. This is an excerpt from the new sixth edition of Understanding Business Valuation, which has a companion website that includes a good selection of full sample valuation reports.
BV News and Trends May 2022
A monthly roundup of key developments of interest to business valuation experts.
Highlights from the NYSSCPA BV conference
BVWire attended the New York State Society of CPAs’ Business Valuation and Litigation Services Conference, and—as always—it was an excellent event.
iiBV reaching out to young potential BVers
The International Institute of Business Valuers (iiBV) has launched a campaign to interest younger individuals and university students in a career in valuation.
Leadership change in BVR Training
BVR wishes Jared Waters all the best in his new endeavor as a business owner and welcomes our new training director, Debbie Goldfarb, to our leadership ranks.
More business owners deciding to sell, most retiring
The long anticipated “Silver Tsunami” wave of retiring baby boomers appears to be arriving and is expected to supply the market with a steady stream of available businesses throughout the year, according to a report from BizBuySell.
Conference season is here!
Two upcoming conferences of note (click the links for more information and to register).
Becoming an industry expert—from the ground up
Some valuation analysts become expert in certain industries by chance—they get some engagements in a particular sector and learn along the way.
Business Valuation Needs to Be a Recognized Career Path
Despite all the progress the business valuation profession has made, BV is still not understood or widely recognized as a career path. Most individuals who enter the profession continue to discover it by accident.
Two BV Firms Collaborate to Serve Clients Better—and Boost Business
Solo and small-business valuation practitioners can scale up their practices using an idea that two firms have discovered: collaboration. It allows them to take on engagements that they otherwise would have turned away and gives them access to each other’s knowledge, resources, and contacts.