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.
Recap of the New Jersey CPA Society FVS Conference
Some excellent speakers covered litigation tips, malpractice, estate tax audits, statistics for lost profits, cryptocurrency, and divorce matters at the Forensic and Valuation Services Conference hosted by the New Jersey Society of Certified Public Accountants (NJCPA ...
BV News and Trends December 2022
A monthly roundup of key developments of interest to business valuation experts.
Global BV News and Trends December 2022
Business valuation news from a global perspective.
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.
Proposed USPAP Changes Focus on Bias
The Fourth Exposure Draft of proposed changes to USPAP is now available for review and comment (click here to access the draft).
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.
Global BV News: EACVA reaches 1,000 members
The European Association of Certified Valuators and Analysts (EACVA) is one of the international chapters of NACVA.
Court sets fair value of 50% interest in realty firm
In Connecticut, a real estate firm had a shareholder agreement that allowed for an independent appraisal if one of the owners wanted out.
DLOM: A Practical Look at a Complex Matter—Part 2
This webinar will continue to cover the theory behind discounts for lack of marketability. We will use the methodology we learned in the first part and see how we apply the models and theory to calculate DLOM’s.
Urge to merge? Look beyond the numbers
For some BV firms to grow, it’s a matter of acquire or be acquired.
Restaurants and inflation: what’s the breaking point?
Restaurants have been raising prices more aggressively in recent months to offset rising food and labor costs, according to an update from the Vertical IQ industry research platform.
New edition of Moro Visconti’s book on digital intangibles is out
The second edition of The Valuation of Digital Intangibles by Roberto Moro Visconti includes updates that address the metaverse, cloud storage, multisided digital platforms, ESG compliance, and more.
Starts today! The final big BV event of the year
As of this writing, BVWire is attending the NACVA Business Valuation & Financial Litigation Super Conference that runs from today, December 14, through December 16 virtually and in-person from two locations: Park City, Utah, and Fort Lauderdale, Fla.
ASA seeks volunteers
The American Society of Appraisers is seeking volunteers to serve in various capacities, such as on discipline committees, subcommittees, and local chapters.
Global BV News: Industry multiples down in Europe
EV/EBITDA multiples have generally decreased in Europe over the third quarter of 2022, according to the fourth edition of Kroll’s “Industry Multiples in Europe” quarterly report.
iiBV boosts training efforts in India
The International Institute of Business Valuers (iiBV) has inked a deal with G&G Skills Developers Private Limited (G&G) and with the Assessors and Registered Valuers Foundation (AaRVF), a Registered Valuers Organization the government of India recognizes.
Court’s value of law firm interest KO’d on appeal
No operating agreement and no buy-sell agreement can trigger dragged-out fighting when a member or owner leaves the firm.
Young practitioners to air views at next week’s NACVA conference
One of the sessions we’re looking forward to at the NACVA “super” conference next week is a panel of young practitioners who will share their perspectives on the profession.
GDP up in 3Q22, reports BVR’s EOU
The U.S. economy—as indicated by gross domestic product—increased at an annual rate of 2.6% in the third quarter of 2022 after declining at a rate of 0.6% in the second quarter, according to the latest quarterly issue of Economic Outlook Update (EOU), published by Business Valuation Resources (BVR).
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.
Court affirms calculation report in divorce case
A calculation of value is not the “gold standard,” but it is not unacceptable, an Arizona appellate court ruled in a divorce case.
Valuing Assisted Living Facilities
This webinar will cover the basics of valuing assisted living facilities. We will look at valuation methods under each approach – cost, market, and income – and discuss pro’s and con’s of each. Before getting into each method, we will address industry factors and economic conditions pertinent to these valuations, as well as current topics and issues. An example valuation will be reviewed incorporating the methods and conditions discussed.
Estimating the Extra Risk of Customer Concentration
Interesting comments were made by Roger Grabowski (Kroll), who conducted a session at the American Society of Appraisers International Conference. He discusses the research in this area and how to examine the customer concentration of guideline public companies.
BV News and Trends November 2022
A monthly roundup of key developments of interest to business valuation experts.