Calculations, appraisals–and how to satisfy clients
by Richard A. Warner, ASA, AVA; Sr. Contributing Editor, BVWire Recently there was a discussion on LinkedIn regarding whether Accredited Senior Appraisers (ASAs) were permitted to perform “calculation engagements”. The discussion proceeded along the lines of what constituted a calculation engagement, how this differed from an appraisal, and in part provided a dissection of the [...]
Omissions & Commissions: Errors, Challenges & Solutions in Business Appraisal Reports
Featuring: L. Paul Hood Jr. and Tim Lee Date: Thursday, August 9, 2012 Time: 10:00am-11:15am PT / 1:00pm-2:15pm ET Earn 1.5 CPE Credits Why You Should Attend: Appraisal reports are frequently subject to scrutiny and attack, not all of which are accurate or substantiated. In this webinar BVR welcomes attorney Paul Hood and appraiser Tim Lee, co-authors of [...]
Mike Crain, Gail Markham, and attorney Mike Corso need your help on malpractice survey for AICPA FVS conference
BVR is helping Mike Crain, Gail Markham, and attorney Mike Corso collect data for their presentation on malpractice issues in providing forensic and valuation services. The results will be presented at the AICPA’s annual Forensic & Valuation Services Conference in Orlando in November. BVR will, of course, cover the entire conference (including this session)–but we’ll also provide [...]
Questions to ask IP owners during management interviews
IPNav has developed a useful questionnaire to help IP owners establish a patent monetization strategy. Here are some sample questions: What are the patent owner’s financial goals? Is there an immediate need for cash? Is earning a high return a priority? A patent sale and indirect licensing (licensing to a nonpracticing entity that enforces the patent) [...]
First sign of an owner who’s looking ahead? Hiring a business appraiser.
BVWire notes a nice editorial from Brian Mazar, CEO of American Fortunes M&A. Mazar was characterizing two types of private company owners–both familiar to friends of BVR. What’s interesting is that he identifies the use of a certified business appraiser as the first indicator of forward-looking thinking. Mazar says progressive owners can answer 10 simple questions, [...]
A great resources to help your lawyer clients (and prospects) understand business valuation
Finance & Accounting for Lawyers (Authored by Brian Brinig) The principles of accounting and finance directly extend to contract issues, torts, business and securities matters, taxation issues, partnership disputes, and gift and estate matters, to name only a partial list. Financial measurement can be the heart of the entire matter. Finance & Accounting for Lawyers is [...]
New deadline to participate in BV salary survey
During these past few weeks, many BV practitioners have let us know that they wanted and intended to participate in the Borrowman Baker/BVR 2012 BV Salary Survey, but fell behind because of the busy season and were worried there might not still be time. We heard them—and have just extended the deadline for participation to Friday, June 1. [...]
Growing your BV practice means ‘putting yourself out there’
The good news: Less than a quarter (23.1%) of respondents to our latest online poll saw their BV firms lay off employees during the economic downturn, although one participant admitted, “We cut staff by nearly 50% and required the remaining staff to be more efficient and productive.” Still another said it wasn’t the economy that prompted [...]
Before hiring, know what the BV market pays
“Part of defining your compensation philosophy is knowing with whom you compete for talent and how competitive you want to be,” writes Ellen Warden (WorkPlace Synergy) in “Are We in the BV Ballpark?”, a leading article in the current BorrowmanBaker BV newsletter. The two key questions to solidify your hiring and retention practices: Where do you get your [...]
Must-have resource for litigation practices
Thinking about expanding your litigation services—or just maintaining them on the current, cutting edge? Consider BVR’s Online Symposium on Litigation & Economic Damages, which continues on April 3 with part 9: Raw Deal: Purchase Price Disputes. Join experts Jeff Litvak and Kenneth Mathieu (both FTI Consulting) as they examine the unique issues associated with these disputes, including the appropriate measurement of damages, [...]
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