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.
BV News and Trends May 2022
A monthly roundup of key developments of interest to business valuation experts.
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.
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.
BV News and Trends April 2022
A monthly roundup of key developments of interest to business valuation experts.
Helping BV staff advance—when ‘up’ is in short supply
What should you do when staffers want to move up, but it doesn’t look like there’s any “up” to offer?
Tip: Add an expiration date to an engagement letter
During a very informative—and entertaining—webinar on expert witnessing, Robert Vance (Forensic & Valuation Services PLC), gave this advice: Consider putting an expiration date on the cover letter to your proposed engagement letter.
Mercer continues to examine appraisal review
After a hiatus from his blog, veteran valuer Chris Mercer (Mercer Capital) certainly has made up for lost time.
Keynote announced for NYSSCPA valuation conference
Former federal prosecutor Sharon Cohen Levin, a leading expert in anti-money laundering (AML), Bank Secrecy Act, economic sanctions, and asset forfeiture matters, will give the keynote at this year’s New York State Society of CPAs’ Business Valuation and Litigation Services Conference.
CFO Tech Outlook names top valuation services providers
Two Top 10 lists of valuation services firms are in a special edition of CFO Tech Outlook magazine.
ASA/Pratt Valuing a Business book is delayed
For those of you who have preordered or will order the new sixth edition of Valuing a Business, supply-chain shortages have caused a delay.
Book Review: Valuing a Business—The Analysis and Appraisal of Closely Held Companies, 6th Edition
The new edition of Shannon Pratt’s book, which gives a heavy dose of theory and has been updated by a team of 67 contributors and published by the American Society of Appraisers, is reviewed.
Book Review: Understanding Business Valuation, 6th Edition
Gary Trugman (Trugman Valuations) has updated his book, which shows you how to apply valuation theory with practical examples from actual engagements and sample valuation reports, written in an easy-to-understand style.
Mercer examines appraisal review
After a two-month break from his blog, veteran valuer Chris Mercer (Mercer Capital) has started a series of thoughtful posts focusing on appraisal review, a process he deems “essential.”