Global BV News: CBV Institute’s new board reflects commitment to diversity
Almost half of the 2022-23 board of directors of the CBV Institute are female, but the organization “will not stop here,” said Dr. Christine Sawchuk, the group’s president and CEO.
Global BV News: IVSC annual meeting in Fort Lauderdale, Fla., September 14-16
After two years of virtual meetings, the International Valuation Standards Council (IVSC) will hold an in-person annual general meeting (AGM) at the Renaissance Marina Hotel in Fort Lauderdale, Fla., from September 14 to September 16.
Global BV News: Recordings available of free webinar series from the IVSC
Kroll has been sponsoring a series of webinars presented by the International Valuation Standards Council (IVSC) that started June 2 and runs through June 27.
BV News and Trends May 2022
A monthly roundup of key developments of interest to business valuation experts.
Comments due tomorrow on TAF exposure draft
Comments on the exposure draft, Understanding the Differences: Conclusion of Value v. Value Calculations, are due May 26.
SEC v. Bluepoint Inv. Counsel
This case dealt with a suit by the SEC against the defendants for alleged violations of the Securities Act. The ruling digested here was a short ruling on motions in limine. The key motion considered here was a motion to exclude evidence of Amiran’s value not known by GTIF (a plaintiff’s entity) when valuations were prepared. The court denied the motion to exclude the SEC’s expert on the basis that she used information that was known or knowable. The court noted that her assumptions can be challenged on cross-examination.
U.S. District Court Rules on Known or Knowable Issue and Allows Testimony of SEC Valuation Expert—Can Be Challenged on Cross-Examination
This case dealt with a suit by the SEC against the defendants for alleged violations of the Securities Act. The ruling digested here was a short ruling on motions in limine. The key motion considered here was a motion to exclude evidence of Amiran’s value not known by GTIF (a plaintiff’s entity) when valuations were prepared. The court denied the motion to exclude the SEC’s expert on the basis that she used information that was known or knowable. The court noted that her assumptions can be challenged on cross-examination.
Reminder: Comments due on TAF exposure draft
Comments on the exposure draft, “Understanding the Differences: Conclusion of Value v. Value Calculations,” are due May 26.
Conference season is here!
Two upcoming conferences of note (click the links for more information and to register).
TAF issues exposure draft regarding conclusion of value vs. value calculations
In the first in a series of valuation briefs, The Appraisal Foundation (TAF) has published an exposure draft, “Understanding the Differences: Conclusion of Value v. Value Calculations.”
Global BV News: Free webinar series from the IVSC June 2-10
Kroll is sponsoring a series of webinars presented by the International Valuation Standards Council (IVSC) from June 2 through June 10.
BV News and Trends April 2022
A monthly roundup of key developments of interest to business valuation experts.
Hitchner’s advice on which BV glossary to follow
In his latest issue of Hardball With Hitchner, Jim Hitchner (Financial Valuation Advisors) commends the “fine work” done on the 2021 International Valuation Glossary—Business Valuation.
Global BV News: IVS and Spanish standards are broadly aligned
That’s the conclusion of an analysis the International Valuation Standards Council (IVSC) carried out in conjunction with the Asociación Española de Análisis de Valor (AEV).
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.
Global BV News and Trends March 2022
Business valuation news from a global perspective.
Agenda set for NYSSCPA BV and litigation services conference May 16
Each year, BVWire attends the annual New York State Society of CPAs’ Business Valuation and Litigation Services Conference, and registration is now open for this year’s event, which will be webcast May 16.
Valuation standards needed for digital assets
“An agreed-upon reliable valuation method does not exist for cryptocurrencies in 2022,” say the authors of a new paper, “Digital Asset Valuation.”
International Valuation Glossary—Business Valuation
Business valuation providers and users benefit from common understanding of terms with clearly established meanings and consistent application throughout the profession. To this end the following societies and organizations have worked collaboratively to compile definitions for the terms included in this Glossary ...
AICPA bridges the VS 100-IVS gap
For those valuation experts who must comply with both the AICPA’s valuation standards (VS Section 100) and the International Valuation Standards (IVS), the AICPA has issued a “bridging” document.
BV News and Trends February 2022
A monthly roundup of key developments of interest to business valuation experts.
Global BV News and Trends February 2022
Business valuation news from a global perspective.
BV Year in Review 2021: End of an Era
A recap of significant new ideas and developments as reported in over 70 articles and hundreds of news items in the pages of Business Valuation Update during 2021.
Final Version of Global Business Valuation Glossary Released
The International Valuation Glossary—Business Valuation has been completed, and a final version has been released. The prior glossary (from 2001) needed an update because new terms have gained traction and become more popular in the market and in practice.
Global BV News and Trends January 2021
Business valuation news from a global perspective.