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.
Agenda set for NYSSCPA BV conference May 15
BVWire is starting to see plans coming together for this year’s conferences. The three major events (from the AICPA, ASA, and NACVA) are all later in the year, but some good events are blooming in the spring.
BV News and Trends February 2023
A monthly roundup of key developments of interest to business valuation experts.
Next-gen BVers warn about too much technology
Veteran valuation experts have raised red flags about relying too much on technology and automation. This advice is directed particularly to young BV practitioners who have grown up surrounded by automation.
The Million Dollar Question… Who Do I Want To Be When I Grow Up?
It’s a question we all ask ourselves throughout our career—or at least should. Whether we’re a fresh business face or a seasoned veteran, reminding ourselves about the ultimate goal—the big picture—is crucial for a successful career—and life. Join us for an insightful and necessary discussion of the top 10 list for achieving happiness, fulfillment, and balance in a professional world that is constantly working against us.
IRS updates job posting for BV experts
The IRS added one more open slot to its job posting in its quest to hire more business valuation experts—and has also added more job locations.
BV Year in Review 2022: Ongoing Challenges
What did you miss in 2022? Catch up on the highlights in the business valuation profession through over 70 articles and hundreds of news items this newsletter covered in 2022.
An Inside Look at the Stout Acquisition of Vantage Point
Hear from the architects of this acquisition what makes a business valuation firm an attractive acquisition target—and what attributes of the buyer make it a good fit for the target.
Recap of the Biggest BV Event of 2022—the AICPA FVS Conference
The AICPA’s plans for its forensics and valuation section, incredible frauds, an opportunity in bankruptcy, tips for determining goodwill, and the future of BV are discussed in this recap article—the first of several that will cover this biggest conference of the year.
BVR Survey Reveals Career Obstacles of Young BV Practitioners
What do today’s young BV practitioners see as holding them back in their careers? Managers need to know this or risk losing good people. Here are some valuable insights from a first-ever survey BVR and the BV recruiting firm Borrowman Baker conducted with the cooperation and support of the American Society of Appraisers (ASA).
Global BV News and Trends January 2023
Business valuation news from a global perspective.
Contribute to the BV profession in 2023
During 2022, we saw many examples of BV practitioners giving back to the profession—from volunteering on a board to speaking at a conference to writing an article.
Good News in New BVR Survey of Young ASA BV Experts
Preliminary results of a first-ever survey designed to gain some insights and perspectives to help the profession better attract and develop the younger generation of BV practitioners are in. The survey was conducted by BVR and the BV recruiting firm Borrowman Baker with the support of the American Society of Appraisers and was sent to ASA members under 40 years old in the business valuation discipline.
Hot Topics at the 2022 VSCPA Forensic and Valuation Conference
It was back to in-person attendance at the 22nd annual Forensic and Valuation Conference hosted by the Virginia State Society of CPAs. Topics included the income approach, effective recruiting, reasonable compensation, guideline transactions, surviving cross-examination, IRS developments, and a “Hardball With Hitchner” session that covered some front-burner issues.
Pratt’s Document Request Checklist Stands the Test of Time
The new sixth edition of Shannon Pratt’s Valuing a Business does not only contain a great deal of valuation concepts, but also includes some very practical advice and tools. One such tool that has endured is a checklist for an initial request for documents. The list has some minor updates, but it is essentially the same as the one Pratt included in prior editions.
BV News and Trends December 2022
A monthly roundup of key developments of interest to business valuation experts.
Takeaways from the final big BV event of 2022
The beach or the ski slope? Those were the options for attendees who ventured out to either Park City, Utah, or Fort Lauderdale, Fla., for the NACVA Business Valuation & Financial Litigation Super Conference last week.
A new job for 2023? IRS needs BV experts
The job posting is still open from the IRS, which is looking to hire experienced business appraisers for 14 open positions at various U.S. locations.
Urge to merge? Look beyond the numbers
For some BV firms to grow, it’s a matter of acquire or be acquired.
Global BV News: Industry multiples down in Latin America
In terms of EV/EBITDA, multiples in Latin America have generally decreased over the first three quarters of 2022 due to a pessimistic outlook and deteriorating market conditions, according to the second edition of Kroll’s “Industry Multiples in Latin America” (LATAM) quarterly report.
Global BV News and Trends November 2022
Business valuation news from a global perspective.
Global BV News: Results of the first student BV Challenge in Canada
The CBV Institute has announced the winners of its inaugural Business Valuation Challenge, a national case competition for undergraduate students from top business schools across Canada.
Reminder: IRS has job openings for BV experts
The agency is looking to hire experienced business appraisers for 14 open positions at various U.S. locations.