Alerding Gives Some Insights Into AI and BV
Be cautious when using artificial intelligence for business valuation work, advises BVLaw editor Jim Alerding (Alerding Consulting). A few examples show that this tool is not yet ready for prime time.
How One BV Practice Helps Train Its Young Professionals
A BVR survey reveals that many valuation practices need to improve their training programs. Here’s an idea that one practice uses to develop their young practitioners continually.
BV News and Trends May 2023
A monthly roundup of key developments of interest to business valuation experts.
Notable takeaways from the NYSSCPA BV conference
BVWire attended last week’s annual New York State Society of CPAs’ Business Valuation and Litigation Services Conference, and—as usual—some very interesting and useful information was presented.
A small thing can ruin a job interview big time
Competition for BV talent is fierce, so the last thing you want to do is let a good candidate get away—and the slightest thing could do it.
Help us help the BV profession
Every business valuation firm or practice should want to know how to improve its operations, processes, and output.
Big Four eye return-to-office mandate
Last week, we gave you some takeaways from the ASA Fair Value Spring Conference in New York City.
Reminder: BVR Benchmarking Survey is now live
We’re happy to see a good response so far from BVR’s latest version of its benchmarking survey, which will allow BV practices to see how they stack up against their peers.
NACVA to publish a new BV book
The National Association of Certified Valuators and Analysts (NACVA) will publish Business Valuation: Practitioner’s Guide to Valuing Privately Held Businesses later this year through Wiley.
Turn PDF Tax Returns into Excel spreadsheets in Minutes—TaxXL (FREE WEBINAR)
Do you know what financial aspects of the subject company are fundamental to the valuation? In this webinar, we will cover analytical tools and ratios valuation professionals use and how we can use technology to help us facilitate financial analysis while improving accuracy and efficiency.
Latest BVR benchmarking survey is now live
Hundreds of business valuation practices and firms have participated in BVR’s ongoing benchmarking survey since it was first launched in 2007.
Next stops on the BV conference circuit
Tomorrow, May 11, BVWire will be at the 2023 Houston ASA Energy Valuation Conference, which is live on-site and will also be livestreamed (by BVR).
New BV workflow tool makes PDF tax document conversion a breeze—free webinar!
When we talk with practitioners about their engagement workflows, the laborious process of converting client tax documents from PDF to Excel regularly tops the list of steps that take far too much time—and usually requires manual data entry.
New app estimates ESG adjustment to SME cost of capital
In March, we reported that Valutico, a web-based valuation platform, would be adding new features, including integrating environmental, social, and governance (ESG) factors into a valuation.
BVR set to launch latest benchmarking survey
Since 2007, BVR has been surveying BV firms and practices, collecting the most comprehensive data on operations, financial metrics, compensation, staffing, marketing, billing, resources used, and more.
BVU News and Trends April 2023
A monthly roundup of key developments of interest to business valuation experts.
Be cautious with AI, advises Alerding
While artificial intelligence is not quite ready for prime time, it can impact valuations not only in the process of performing a valuation, but also on the value of a subject business, says veteran valuation expert Jim Alerding (Alerding Consulting).
May kicks off BV conference season!
Flowers bloom in May and so do business valuation conferences—and most of them have a virtual option.
Global BV News: Spring 2023 issue of EBVM released
The latest issue (Spring 2023) of the new European Valuation Business Valuation Magazine (EBVM) is now available if you click here.
Global BV News: 2022 industry multiples down in Latin America
In terms of EV/EBITDA, multiples in Latin America have generally decreased in 2022 due to a pessimistic outlook and deteriorating market conditions, according to the third edition of Kroll’s “Industry Multiples in Latin America” (LATAM) quarterly report.
More Insights From Young BVers About the Profession
The second of two panel discussions with young valuation and forensics experts reveal additional insights on their perspectives on the profession, including what attracted them to the profession and why they stay in it.
Considerations When Adding Litigation Services to a Valuation Practice
The 2022 AAML/BVR National Divorce Conference sparked some advice for moving your practice into litigation support services for marital dissolution or any other matters that are headed to court.
BV News and Trends March 2023
A monthly roundup of key developments of interest to business valuation experts.
Tell job candidates a story
The search for BV talent has never been more challenging, so anything that can help land a good candidate is very welcome. In his latest newsletter, John Borrowman (Borrowman Baker LLC), a recruiter who has worked exclusively in the BV profession for over 20 years, advises interviewers to tell candidates a story about the kind of workplace they have.
Web-based valuation platform gets financing boost
Valutico, an all-in-one web-based valuation platform, closed its first financing round with outside investors that, along with existing investors, totals in the mid 7-figures, the company announced.