ASB to discuss 2020-21 USPAP April 5
On April 5, the Appraisal Standards Board (ASB) will lead a discussion about the fourth exposure draft proposals for the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP).
TAF celebrates women in appraisal
For International Women’s Day, The Appraisal Foundation (TAF) celebrated the women who are advancing the appraisal profession by serving the organization in various ways.
TAF releases VFR on contingent consideration
The Appraisal Foundation (TAF) has issued a Valuation in Financial Reporting (VFR) advisory on valuing contingent consideration, also known as earnouts.
BVU News and Trends October 2018
A monthly roundup of key developments of interest to business valuation experts.
BVU News and Trends September 2018
A monthly roundup of key developments of interest to business valuation experts.
USPAP 2020-21 second exposure draft issued
The Appraisal Standards Board has issued a Second Exposure Draft of proposed changes for the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP).
USPAP cited in IRS final regs on donations
The Internal Revenue Service (IRS) has issued final regs on valuing charitable donations that specifically cite the Uniform Standards of Professional Appraisal Practice (USPAP) of The Appraisal Foundation.
BVU News and Trends August 2018
A monthly roundup of key developments of interest to business valuation experts.
BVU News and Trends July 2018
A monthly roundup of key developments of interest to business valuation experts.
Why keep up with fair value if you don’t practice in it?
Talking with some attendees at the recent NYSSCPA conference in New York City, we were discussing M&A, and someone was asked whether he had read the exposure draft on valuing contingent consideration, a Valuation for Financial Reporting (VFR) advisory that The Appraisal Foundation (TAF) issued.
Global BV News: TAF’s Bunton discusses USPAP-IVS link
In an interview, David Bunton, president and CEO of The Appraisal Foundation (TAF), was asked about the relationship between USPAP and the International Valuation Standards (IVS) and how TAF is equipping U.S. appraisers with the information they need to apply IVS.
The Appraisal Foundation seeks board candidates
The Appraisal Foundation is currently conducting its annual search for qualified candidates to serve on the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB).
USPAP 2020-21 exposure draft issued
The Appraisal Standards Board has issued a First Exposure Draft of proposed changes for the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP).
Letter to the Editor of BVWire re: control premiums
Your recent announcement about the 13th Annual Fair Value Conference in Los Angeles may leave unwary readers with the impression that the MPAP guidance on control premiums in VFR #3 applies to all business valuation work.
USPAP 2020-21 exposure draft due in May
A first exposure draft of proposed changes for the 2020-21 edition of the Uniform Standards of Professional Appraisal Practice (USPAP) will be published in May 2018.
Time to rethink the control premium
When you use the guideline public company method, do you always apply a control premium?
BVU News and Trends May 2018
A monthly roundup of key developments of interest to business valuation experts.
First-ever live streaming of ASB meeting on USPAP
The Appraisal Standards Board (ASB) of The Appraisal Foundation will conduct a public meeting on April 20 at 9:00 a.m. (Pacific Time) in Las Vegas where you’ll have a chance to give input on the Discussion Draft of Potential Areas of Change for the 2020-21 edition of Uniform Standards of Professional Appraisal Practice (USPAP).
Control premium advisory revisited
A member of the working group involved in the creation of Valuations in Financial Reporting Valuation Advisory 3: The Measurement and Application of Market Participant Acquisition Premiums, issued by The Appraisal Foundation, has written an article that reiterates the findings of the advisory.
Comments due January 27 on third exposure draft of USPAP 2018-19
The issues under consideration include the definition of report and communication of assignment results. There’s also a proposed revision of the definition of appraisal review, as well as splitting the existing Standard 3 into two standards.
Some key takeaways from the ASA/USC fair value conference
There was record attendance at the ASA/USC 11th Annual Fair Value Conference in Los Angeles. BVWire was there and here are a few takeaways from some of the sessions, all of which were excellent.