BVR News
Damodaran’s first 2012 ERP, a data update–and Lady Gaga | | Professor Aswath Damodaran (NYU Stern School of Business) has just updated the implied equity risk premium (ERP) for the S&P 500 to 6.04% at the start of 2012, up from 5.20% at the start of last year. “The key factor behind the rise was the increase in cash flows (dividends and buybacks on the index) and the [...] | | 2/1/2012 10:38:30 PM |
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BVR News
Borrowman-Baker-BVR business valuation compensation survey is now open for participation | | Technical aptitude and experience pays in the BV profession: but how much? In the search for top BV talent these days, too often BV firms turn the question “what do we want to pay for that key new appraiser?” into “what should we pay?” Get the metrics: The 2012 Borrowman Baker-BVR Salary Survey is the only source of detailed, [...] | | 2/1/2012 10:37:32 PM |
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BVR News
RICS decides to admit business appraisers as members | | Inconsistent business valuations could harm global growth and the ability to raise finance, causing mergers and acquisitions to fall through,” says a news release from the Royal Institution of Chartered Surveyors (RICS). “Determining the value of a business is an increasingly difficult endeavor in times of market instability, with valuations dependent upon regularly fluctuating elements,” they say. [...] | | 2/1/2012 10:35:46 PM |
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BVR News
AICPA seeks input on Goodwill Impairment Practice Aid | | FASB first introduced the concept of “step zero” under its Accounting Standards Update 2011-08, published last September, by which entities may review certain qualitative factors to determine whether goodwill impairment is “more likely than not,” explained Mark Zyla (Acuitas Inc.) during last week’s BVR webinar on the topic. If so, then ASU 2011-88 permits entities to skip the [...] | | 2/1/2012 10:34:37 PM |
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BVR News
New IRS filing requirements for executive compensation will require FMV determinations | | According to the most recent client alert by Fenwick & West LLP, the IRS has issued two forms (along with accompanying instructions) that corporations must use to satisfy the return and information statement requirements under IRC Section 6039: Form 3921, required when an employee (or former employee) exercises an incentive stock option (ISO); and, Form 3922, [...] | | 2/1/2012 10:33:17 PM |
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BVR News
ISCV seeks volunteers for investment properties project | | Following its recent decision to develop a new standard and technical guidance on Investment Property, the Standards Board of the International Valuation Standards Council (IVSC) has now prepared a project brief to examine certain aspects of the issue, such as the use of different valuation methods, valuation inputs, derivation of discount rates, treatment of purchaser’s costs, determining [...] | | 2/1/2012 10:32:04 PM |
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BVR News
Sample new business valuation cases added to BVLaw in the last few weeks | | Here’s a partial listing of digests and court documents added to the exclusive BVLaw database in the past few weeks. BVLaw reviews the hundreds of cases each month—in damages, family law, Tax Court, the Delaware Chancery and other commercial courts, and elsewhere—to analyze those decisions which depended on business valuation or financial analysis in their conclusions. Lucent Technologies, Inc. [...] | | 2/1/2012 10:29:55 PM |
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