‘Disclose me,’ AI tells appraisers
“Appraisers should be encouraged to clearly state whether they authored a report or relied on AI models for content generation.”
What is your firm’s experience with remote work?
That’s the topic of this month’s “Two-Minute Practice Builder” survey.
TAF launches second demographic survey
The Appraisal Foundation (TAF) has a survey designed to gather demographic data about the appraisal profession and help shape the group’s current and future diversity-related activities.
The IRS is looking for you
Don’t panic—it’s not about an audit.
AI Concerns, Experiments Highlight NACVA Confab
This is a recap of several interesting sessions at the December NACVA Business Valuation & Financial Litigation Super Conference in Fort Lauderdale. The sessions discussed ethics issues and presented some demonstrations of how to leverage AI in a valuation practice.
Quality Control Is Now the No. 1 Concern of BV Firms
What keeps business valuation firm managers up at night? Mostly, they worry about maintaining control over the quality of the work product, according to the Business Valuation Firm Benchmarking Guide. This article presents the other top concerns.
IRS hiring BV experts—virtual open house February 29
Want to relocate to Hawaii? That’s one of the locations for which the IRS needs to hire business valuation experts to join its team.
Registration open for the ASA Fair Value conference in New York City
On April 25, the ASA will hold its Fair Value Conference in New York City for both in-person and virtual attendance.
Unexpected results from survey on AI usage at BV firms
“More practitioners are using AI than I would have guessed,” says Rod Burkert (Burkert Valuation Advisors), a practice management advisor, about the latest in a series of “Two-Minute Practice Builder” surveys he developed for BVWire.
Afraid of AI? Get over it, say tax pros
“Whether or not you’re afraid of AI, we’re going to need it to meet the demand for services,” said Scott Kadrlik, managing partner at Meuwissen, Flygare, Kadrlik & Associates, quoted in an article for Accounting Today.
Reminder: Take a quick survey on AI
Is your firm using AI in its practice? And for what? What are your peers using it for? Find out by taking a very short survey—the latest in our “Two-Minute Practice Builder” surveys.
Are your peers using AI in their practice—and for what?
Find out by taking a very short survey—the latest in our “Two-Minute Practice Builder” surveys.
Two New York City conferences set dates for 2024
On April 25, the ASA will hold its Fair Value Conference in New York City for both in-person and virtual attendance.
BV Year in Review 2023: Recruiting Push
The business valuation profession continued to thrive in 2023 amid ongoing challenges, such as how to reflect uncertainty, inflation, and market volatility in valuations. But another issue loomed large in the profession: attracting and retaining new young talent.
BV News and Trends January 2024
A monthly roundup of key developments of interest to business valuation experts.
Global BVU News and Trends January 2024
Business valuation news from a global perspective.
Survey results: Data collection tools
More than two-thirds (78%) of valuation experts use an online tool to collect documents and other information from clients, according to the first in a series of “Two-Minute Practice Builder” surveys.
USPAP Q&A addresses AI
AI tools are not a substitute for an appraiser’s judgment.
To retain good BV people, give them a purpose, advises Borrowman
BVWire has heard from young BV professionals that they are sometimes in the dark about the work they are doing.
Last call! Take a survey on data collection tools
Please take a two-minute survey about the use of portals to collect client data. We will publish the results in next week’s BVWire.
Do you use a portal to collect client data?
We’d like to know—and so would your peers.
BVR kicks off ‘Two-Minute Practice Builder’ surveys
As any profession matures, the issue of practice management becomes more critical. Management and administrative issues that took a back seat when riding a growth wave must be dealt with when the landscape gets more competitive.
AI studies top several McKinsey lists for 2023
Of interest to valuation experts are two works from McKinsey that examine artificial intelligence (AI).
Bright Future for Automated Valuation Models—But Take Caution
Some interesting insights and questions about the use of automated valuation models (AVMs) and artificial intelligence from veteran appraisers.
BV News and Trends December 2023
A monthly roundup of key developments of interest to business valuation experts.