TAF launches second demographic survey
The Appraisal Foundation (TAF) has a survey designed to gather demographic data about the appraisal profession and help shape the group’s current and future diversity-related activities.
The IRS is looking for you
Don’t panic—it’s not about an audit.
Global BV News: New IVSC Perspectives Paper examines the valuation of data
The International Valuation Standards Council (IVSC) has its sights set on data and how to value it.
AI Concerns, Experiments Highlight NACVA Confab
This is a recap of several interesting sessions at the December NACVA Business Valuation & Financial Litigation Super Conference in Fort Lauderdale. The sessions discussed ethics issues and presented some demonstrations of how to leverage AI in a valuation practice.
Quality Control Is Now the No. 1 Concern of BV Firms
What keeps business valuation firm managers up at night? Mostly, they worry about maintaining control over the quality of the work product, according to the Business Valuation Firm Benchmarking Guide. This article presents the other top concerns.
‘Very Useful’ MPF Will Be Reissued in Revamped Form
Even if you do not practice in the area of fair value for financial reporting, valuers should take notice of a document that will be going out for public comment from the AICPA. The document is a revised version of the Mandatory Performance Framework, which was issued in connection with the Certified in Entity and Intangible Valuations (CEIV) credential, which was discontinued last year.
Global BVU News and Trends February 2024
Business valuation news from a global perspective.
BV News and Trends February 2024
A monthly roundup of key developments of interest to business valuation experts.
Hitchner’s annual review of need-to-know BV topics
Over 500 attendees listened to Jim Hitchner (Valuation Products and Services) do his annual review of recent need-to-know concepts, data, models, and methods in business valuation. Here are a few key points from the two-hour webinar.
IRS hiring BV experts—virtual open house February 29
Want to relocate to Hawaii? That’s one of the locations for which the IRS needs to hire business valuation experts to join its team.
Registration open for the ASA Fair Value conference in New York City
On April 25, the ASA will hold its Fair Value Conference in New York City for both in-person and virtual attendance.
March 1 deadline for TAF board candidates
The Appraisal Foundation (TAF) is searching for candidates to serve on its board of trustees, and three positions are available. Trustees provide oversight to the Appraisal Standards Board (ASB) and Appraiser Qualifications Board (AQB ...
Global BV News: Task force pushes for more reporting of brand value
“International accounting standards should not prevent internally developed brand related-IP from being reported as intangible assets,” according to a task force formed by the International Trademark Association (INTA).
Unexpected results from survey on AI usage at BV firms
“More practitioners are using AI than I would have guessed,” says Rod Burkert (Burkert Valuation Advisors), a practice management advisor, about the latest in a series of “Two-Minute Practice Builder” surveys he developed for BVWire.
Today! Hitchner’s annual BV update webinar
BVWire looks forward to Jim Hitchner’s annual webinar where he reviews new concepts, data, models, and methods that have emerged in business valuation over the past year.
Afraid of AI? Get over it, say tax pros
“Whether or not you’re afraid of AI, we’re going to need it to meet the demand for services,” said Scott Kadrlik, managing partner at Meuwissen, Flygare, Kadrlik & Associates, quoted in an article for Accounting Today.
Reminder: TAF seeks candidates for its board of trustees
The Appraisal Foundation (TAF) is searching for candidates to serve on its board of trustees, and three positions are available.
Global BV News: Pablo Fernandez needs your input
In their cost of capital analyses, many business valuers refer to a long-standing survey conducted by Professor Pablo Fernandez (IESE Business School, Spain).
In re Rozdolsky
In this complex Illinois divorce case, the appellate court affirmed the valuation of the husband’s business. The trial court had already reduced the wife’s expert’s valuation by 30%. Overall, the husband raised nine issues on appeal, including having to contribute to the wife’s attorney’s and expert fees, resulting from the husband’s lack of cooperation in discovery.
Illinois Appellate Court Affirms Valuation of Marital Business
In this complex Illinois divorce case, the appellate court affirmed the valuation of the husband’s business. The trial court had already reduced the wife’s expert’s valuation by 30%. Overall, the husband raised nine issues on appeal, including having to contribute to the wife’s attorney’s and expert fees, resulting from the husband’s lack of cooperation in discovery.
Reminder: Take a quick survey on AI
Is your firm using AI in its practice? And for what? What are your peers using it for? Find out by taking a very short survey—the latest in our “Two-Minute Practice Builder” surveys.
TAF seeks candidates for its board of trustees
The Appraisal Foundation (TAF) is searching for candidates to serve on its board of trustees, and three positions are available.
New issue of Willamette’s Perspectives is released
The January 2024 issue of the quarterly digital publication Perspectives, from Willamette Management Associates, has been released.
Global BV News: Canada valuers predict an M&A increase
After a “tepid” 2023, over half (58%) of valuation professionals in Canada expect M&A transaction activity to increase over the next 12 to 24 months, as compared to 2023, according to the “2024 M&A Outlook Survey” from the Chartered Business Valuators Institute (CBV Institute).
Valuers need to examine the lingering effects of COVID-19
The pandemic is over but not for some businesses that continue to feel the effects—and this impacts valuation.