Bob Cimasi becomes fellow at RICS
Bob Cimasi (HCC) was elected a “Fellow of the Royal Institute of Chartered Surveyors” (FRICS) on December 15, 2011. While it’s not quite a peership or elevation to the Royal Family, the RICS citation recognizes Bob’s “extensive experience in and contribution to the valuation field.” He’s previously been recognized in various ways by ASA, IBA, the AICPA [...]
Does getting a business valuation mean a wealthier retirement for your clients?
It should–and this topic has been discussed recently on a number of business owner blogs. BVR isn’t aware of any data that proves this point–no Level I inputs that we’re aware of–but it seems that the type of business owner who would plan an exit strategy well enough to include valuations as part of [...]
Quote from the latest AICPA BV Hall of Fame member…
Robert Reilly (Willamette) was in the men’s room when the announcement was made that he had received this year’s AICPA Business Valuation Hall of Fame Award. He said he was honored, and told BVWire that he wished his mother-in-law could have been in Las Vegas to hear this news. ”She still doesn’t understand what [...]
ASA will move forward with healthcare, strategic initiatives
In its meeting prior to last month’s national conference in Chicago, the ASA’s Business Valuation Committee approved a proposal representatives from the business valuation, machinery and technical services, and real property sections to design and teach a “multi-discipline course in valuing health care entities,” reports Linda Trugman, chair of the BV Committee, in her monthly e-update [...]
Big accounting firm merger news!
Clifton Gunderson and LarsonAllen have announced their merger this morning. The new firm is now CliftonLarsonAllen (CLA). The combined firm will have about $500 million in annual billings, which should make it the 9th or 10th largest CPA firm. Clifton was ranked 14th last year, and LarsonAllen was ranked 19th–but you don’t move up many [...]
BV profession is 10,000 strong, and growing, claims Accounting Today
Business valuation is “booming,” says a new article from the online Accounting Today, which reports that business valuations are the No.1 growing niche service among its 2011 Top 100 Firms. Currently, over 5,000 CPA/ABVs are supporting this growth, along with 3,000 CVAs, the article adds. However, the overall conclusion confirms BVR’s independent research, which indicates that [...]
Carla Glass receives ASA’s highest honors
Congratulations to Carla Glass (Hill Schwartz Spilker Keller), who just received the ASA Lifetime Achievement Award at the ASA Advanced BV conference. The ASA honored Glass for her leadership, commitment, and dedication to excellence in advancing the business valuation profession. Her notable contributions include: ASA Education Chair and curriculum course developer ASA Chair of the BV [...]
NACVA’s president Saltzman responds to recent BV credentials debate
Any viewpoint that one BV credential is better than another is “unfortunate,” says NACVA president, Scott R. Saltzman, CPA, CVA, ASA, CFFA, in response to the recent article by R.J. Dragon. “Each business valuation organization and/or credential has its own unique elements,” Saltzman adds. In particular, he’d like to point out the following concerning the NACVA training and [...]
(Not exactly) keeping up with the times…or NACVA, either
We’re happy to report that NACVA has changed its name “to reflect it’s broader focus.” This isn’t exactly news—the NACVA Executive Committee approved the change back in April, in an effort to include all the different specializations and certifications they now offer. So, while the acronym is still the same, Parnell Black and his team [...]
LinkedIn BV-forum update
LinkedIn’s business valuation-related groups are increasingly popular forums for professional discussion—though it takes time to sort through the most provocative and productive debates, as we did for this past week’s topics: Business Valuation Professionals group Best Tools for Analysis of Private Companies? Company-specific risk. How do you measure it? Do you explain the other options [...]
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