Economy, Cannabis, Physician Pay, SPACs, and Expert Testimony Among the Hot Topics at the NJCPA BV Conference
Key takeaways from the 2021 New Jersey CPA Society’s Business Valuation and Litigation Services Conference are included.
Reminder: Preorder Trugman’s sixth edition
Understanding Business Valuation by Gary Trugman (Trugman Valuation) has been the go-to book for real-world examples on how to apply valuation theory and complex topics.
ASA conference hits the jackpot in Vegas
About 600 attendees converged—both on-site and virtually—for the American Society of Appraisers’ International Conference in Las Vegas October 24-26.
COVID-19 and BV: Hitchner gives an update
In the opening session of the Virginia Society of CPAs’ Forensic and Valuation Services Virtual Conference, James Hitchner (Valuation Products and Services) gave a current perspective about the many challenges the pandemic has presented for business valuations.
Trugman talks about his new book at the ASA confab
If you visited the BVR booth at the American Society of Appraisers International Conference in Las Vegas, you would have had the chance to chat with Gary Trugman (Trugman Valuation), who was taking a break from working on the new, sixth edition of his book Understanding Business Valuation.
Court Affirms Inclusion of Personal Goodwill in Marital Estate, Decides Trial Court Erred in Granting a Judgment Against Husband’s Business
In this divorce case, the Supreme Court of Wyoming allowed the valuation of the husband’s business, which likely included personal goodwill. It also decided that the district court did not abuse its discretion when it valued the husband’s business or ordered him to make an equalization payment. However, the district court erred in granting a judgment against the husband’s business for the equity payment due the wife since the business was not a party to the divorce action.
Snyder v. Snyder
In this divorce case, the Supreme Court of Wyoming allowed the valuation of the husband’s business, which likely included personal goodwill. It also decided that the district court did not abuse its discretion when it valued the husband’s business or ordered him to make an equalization payment. However, the district court erred in granting a judgment against the husband’s business for the equity payment due the wife since the business was not a party to the divorce action.
Trugman’s sixth edition now available for preorder
The new, sixth edition of Gary Trugman’s Understanding Business Valuation is now available for preorder for an early 2022 release.
Book Review: Business Valuation: An Integrated Theory (BVIT)
Today, there are many fine business valuation textbooks available to the professional business appraiser for guidance and support. The purpose of these publications is to equip the readers with the methodology, techniques and models necessary to produce a credible valuation opinion and report.
Did you ever value a bar or nightclub?
If so, then BVR wants to hear from you!
2.0: The New Breakthrough in Fractional Interest Valuation
We have all been using 1.0 technology, which was designed for BV and adapted for real estate entities. Although 1.0 has evolved quite a bit in the past 25 years, its methods have remained largely disconnected from the real estate asset, a problem that has greatly reduced our credibility. Join Dennis Webb to learn about the upgrade that will allow you to address the facts of your case in a complete way and also take ...
Jim Alerding joins BVR as legal editor
BVR is extremely pleased to announce that veteran valuation expert Jim Alerding, CPA/ABV (Alerding Consulting LLC), has joined us as legal editor.
BV News and Trends August 2021
A monthly roundup of key developments of interest to business valuation experts.
New World of Energy Valuations, Per Speakers at the ASA Houston Conference
How have valuations been upended in this sector? What’s the outlook for all of the regulatory and tax proposals? When will this sector rebound? The answers may surprise you.
‘Absurd’ CAPM, Size Impact, ‘Sense Checks,’ and Family Firms Highlight the ICAEW Conference
Excellent speakers and interesting topics were on hand at the valuation conference of the Institute of Chartered Accountants in England and Wales (ICAEW) in the United Kingdom.
Monte Carlo 101: How to Set Up Your First Simulation
Join Oksana Westerbeke and Keith Konen to learn the basics of the Monte Carlo simulation. Review the pros and cons of different software used for Monte Carlo simulations. Then dive into the steps to set up your first Monte Carlo simulation with a detailed discussion of the “assumptions” and “forecast” of the Monte Carlo simulation, the analytics and output, and troubleshooting. Learn through the hands-on visual presentation of designing and implementing a Monte Carlo simulation ...
Embracing the Hockey Stick: Alternative Approaches to Formulating and Assessing Projections
The question of projections may be one of the most challenging elements of a business or intellectual property appraisal. Most business appraisers will be placed in a position of assessing projections, including projections another appraiser provided. Join Michael Blake for an exploration of the quantitative and empirical methodologies for creating and/or validating projections. As a result of this class, you will gain exposure to potentially new tools to help make your projections more robust and ...
Practical Applications of DLOM: Methods and Data (Part 2)
From rules of thumb to complex approaches, determining what methods to use can be as difficult as determining the actual discount for lack of marketability. Join Pasquale Rafanelli and prepare yourself for upcoming DLOM engagements. In Part 1, learn the pros and cons of each method and how to apply and support them. See these concepts applied in the case study-based Part 2. Attend either or, better yet, both.
Practical Applications of DLOM: Methods and Data (Part 1)
From rules of thumb to complex approaches, determining what methods to use can be as difficult as determining the actual discount for lack of marketability. Join Pasquale Rafanelli and prepare yourself for upcoming DLOM engagements. In Part 1, learn the pros and cons of each method and how to apply and support them. See these concepts applied in the case study-based Part 2.
Four questions you must always ask about PFI
There are many things to consider when evaluating prospective financial information (PFI), and much of it can be boiled down to four questions you should be asking, according to the just-released BVR Guide to Management Projections and Business Valuation: Analysis and Case Law.
Two new resources from BVR
Just released!
Review and Update of BV Standards and Guidance—What You Need to Know
Valuation standards and guidance areas of business valuation are constantly expanding and being updated. The increase in business valuation worldwide has had a lot to do with this expansion, as has the increase in valuation within financial statements worldwide. Jim Alerding will explore the current status of business valuation standards and other guidance documents, including new standards and new areas of discussion and guidance concerning business valuation. The program will provide the attendee with information ...
Two new resources recap the year 2020 in BV
A lot happened in 2020 in the business valuation profession other than COVID-19, and you can get caught up on the impacts of the pandemic—and everything else—with two new guides from BVR.
Book review: The Art of Business Valuation: Accurately Valuing a Small Business
The current issue of NACVA’s QuickRead includes a favorable review of a recently published book, The Art of Business Valuation: Accurately Valuing a Small Business.
Appraisal Disciplines Reveal Breaking Trends at the ASA Conference
Practitioners from five appraisal disciplines address how they are working in the current environment and their perspectives about trends in valuation over the next year.