• Home
  • About BVWire News
  • Contact us
  • BVR Products
RSS Subscribe RSS

BVWire News

Top developments in the business valuation profession

Home > Practice-management-and-growth

Good BV firm PR from Citrin Cooperman’s Terry Silver

Written by David on December 1, 2011 - 0 Comments
Categories: practice management and growth

Building a BV practice takes planning and a lot of outreach.   As a result, most practice leaders have become adept writers and good business lunch companions. BVR tries to highlight examples of this kind of relation building–another good example is an article in today’s Legal Intelligencer, a blog that goes out to Pennsylvania and [...]

Read more »

Share your thoughts...

E&O insurance products struggle to keep pace with BV profession?

Written by David on November 29, 2011 - 1 Comment
Categories: practice management and growth

“I have both the CBA and the AVA, with the CMA accounting credential,” reports a respondent to our recent survey on errors and omissions (E&O) insurance among BV firms and practitioners. “I provide a full range of valuation services, plus extensive consulting on fully transacted sales (both internal and external). Because I am not a [...]

Read more »

1 Comment

Are BV firm mergers accelerating?

Written by David on November 10, 2011 - 0 Comments
Categories: practice management and growth

One sign that the BV profession has reached a peak maturity: small to midsize BV firms are becoming increasingly attractive targets for larger accounting and other “generalist” firms looking to pick up competence in a particular market or specialty area, according toRon Seigneur (Seigneur Gustafson), who spoke at the pre-conference and also opening sessions of [...]

Read more »

Share your thoughts...

Do appraisers need to specialize now?

Written by David on November 7, 2011 - 0 Comments
Categories: practice management and growth

Mark Edwards says that his peers at Grant Thornton use the term “chose a major” when mentoring new staff.  ”We want people to find an area they’re passionate about, learn it, and become the best in the business at it.”  Linda Trugman agrees that younger professionals will do better to pick an area, whether industry [...]

Read more »

Share your thoughts...

AICPA report: How do you institutionalize your BV practice if the lawyers are hiring a specific individual?

Written by David on November 6, 2011 - 0 Comments
Categories: practice management and growth

“Here’s how we do it,” said Neil Beaton.  ”Let’s say we’re doing a road show at Skadden in New York.   We’ll bring in a team, so it’s not Beaton who shows up, it’s Grant Thornton.   Bring your younger people with you.  Don’t go alone.” “There’s a session on passing the baton here,” said [...]

Read more »

Share your thoughts...

AICPA report: How does the business valuation profession retain women?

Written by David on November 6, 2011 - 0 Comments
Categories: practice management and growth

At the opening AICPA National BV conference session, Stacy Collins (Financial Research Associates), the one woman on the panel, got this question.  She reflected on the major rule she believes in: 1.  Mentor and be mentored.  ”The most important part of this is the informal day to day mentoring.”  Start early, and multiple mentors is [...]

Read more »

Share your thoughts...

AICPA report: How to mentor new appraisers when your traveling

Written by David on November 6, 2011 - 0 Comments
Categories: practice management and growth

“I’ve become dependent on GoTo Meeting,” Jim Hitchner said, addressing the opening session at the AICPA National BV Conference on the future of the BV profession.  ”I can be 2000 miles away and we’re jointly editing spreadsheets and reports.  It’s a simple, incredibly empowering technology,” particularly for training. “Using the internet to get the input [...]

Read more »

Share your thoughts...

AICPA report: “You should never be here for lunch”

Written by David on November 6, 2011 - 0 Comments
Categories: practice management and growth

That was the advice that Randie Dial (Clifton Gunderson) got from Jim Alerding the first year of his practice as an appraiser.  ”And it’s even important now.   When I started, we weren’t hiring analysts out of college.   Now we are.   They need more coaching, and more mentoring.” “There’s a rule of thumb [...]

Read more »

Share your thoughts...

A billing hour target model

Written by David on November 6, 2011 - 0 Comments
Categories: practice management and growth, Uncategorized

Here’s a model discussed at this morning’s Practice Management session at the AICPA.   It recognizes that there are CPE, vacation and other obligations, so the expectation is a target of 1600 billable hours (35 hours a week). Then if some one bills 1600-1800 hours, they get 20% of what they bill in addition–and 25% [...]

Read more »

Share your thoughts...

AICPA BV Conference Update: BV and public accounting: it’s not always a bed of roses

Written by David on November 6, 2011 - 0 Comments
Categories: practice management and growth

The pre-conference session here in Las Vegas at the AICPA National BV Conference is on practice management–led off by Gary Trugman, Linda Trugman, Neil Beaton, and Ron Seigneur. One topic is the problem of fitting a BV practice into a CPA practice. For solo practitioners, the conflicts can be obvious–”it’s almost a guarantee that a [...]

Read more »

Share your thoughts...

« Previous Page — Next Page »

  • Search

  • Recent Posts

    • After Vegas and divorce, AICPA FVS moves onto D.C. and fair value
    • Last (but not least) business valuation CPE in May
    • IP values are the ‘time bombs’ of the future
    • Top of the class: first annual BVR/SPU Valuation Challenge
    • Is Rev. Ruling 59-60 a thinly disguised road map for intrinsic value?
  • Categories

    • 409A/123R incentive stock valuations
    • AICPA Standards
    • bankruptcy valuations
    • business valuation certification
    • Butler Pinkerton
    • buy-sell agreements
    • company-specific risk
    • cost of capital
    • CPE opportunities
    • damages and lost profits valuations
    • Daubert challenges
    • discounts and premia
    • divorce valuations
    • equity risk premia
    • ESOP valuations
    • estate & gift valuations
    • estate tax planning
    • excess earnings method
    • expert witness
    • fair market value (FMV)
    • fair value for financial reporting
    • FASB valuation standards
    • forecasts
    • forensic accounting
    • guideline public company method
    • healthcare valuation
    • income approach
    • industry research
    • intangibles
    • intellectual property valuation
    • international valuation standards
    • international valuations
    • IRS regulations
    • limited partnerships
    • M&A valuations
    • management forecasts
    • market approach
    • NACVA
    • option price modeling
    • practice management and growth
    • preparer penalties
    • private company transaction data
    • professional practice valuations
    • public company comps
    • purchase price allocation
    • reasonable compensation
    • SEC valuation standards
    • securities litigation
    • shareholder oppression
    • standards and regulations
    • standards of value
    • tax affecting
    • tax valuations
    • The Appraisal Foundation (TAF)
    • transfer pricing valuations
    • Uncategorized
    • USPAP
    • valuation case law analysis
    • valuation profession news
    • valuation research resources
    • valuing goodwill
    • wealth transfer
  • Enter your email address:

  • Archives

    • May 2012
    • April 2012
    • March 2012
    • February 2012
    • January 2012
    • December 2011
    • November 2011
    • October 2011
    • September 2011
    • August 2011
    • July 2011
    • June 2011
    • May 2011
    • April 2011
    • March 2011
    • February 2011
    • January 2011
    • December 2010
    • November 2010
    • October 2010
    • September 2010
    • August 2010
    • July 2010
    • June 2010
    • May 2010
    • April 2010
    • March 2010
    • February 2010
    • January 2010
    • December 2009
    • November 2009
    • October 2009
    • September 2009
    • August 2009
  • Blogroll

    • 409a Dismay Attorney Richard Meisner has been commenting on problems with this regulation for several years
    • Aswath Damodaran's Blog Musings on the Markets
    • Business Valuation Law News BVR’s blog for litigators involved in matrimonial, lost profits, commercial, tax, damages, securities, IP and other engagements where the value of businesses is contested
    • BVR's Intellectual Property Blog Great coverage of new litigation and business news about how intellectual property is protected, commercialized, and valued
    • Chris Mercer's blog Chris’ moderated ValuationSpeak blog
    • ClarityBV Blog Good posts on increasing the value of businesses, and valuation theory–including some material provided by BVR
    • FEI blog on financial reporting There’s so much non-news in the FASB/IASB/SEC area–we think this is one of the best for ignoring the fluff and capturing the real issues
    • Going Concern Any blog that recommends Willie Nelson as the chair of FASB can’t be all bad
    • IBA Business Valuation Blog Institute of Business Appraisers was the first…and still offers some of the best insight on the practicalities of the valuation process
    • Mark Zyla's Fair Value Measurements Blog Mark has done more training on this topic, for the AICPA and BVR and others, than any one else in the profession.
    • RJ on Business Valuation RJ Dragon’s blog focuses on some of the controversial (and fun) issues in BV
    • Rod Burkert's "Standard of Value" Rod’s insights are always great…
    • Texas Tech trust & estate blog This has good general coverage and is part of the law professors blog network
  • Product Topics

    • Finance and Accounting for Lawyers

Admin Login

Powered by frugal


Copyright © 2012 BVWire News