Latest News
International Valuation Standards Council
Lee Hackett elected to Board of Trustees of the International Valuation Standards Council (IVSC). Manish Saxena appointed to IVSC Expert Group entrusted with responsibility to advise on the valuation of financial instruments.
The goal of the IVSC is to develop robust and transparent procedures for performing international valuations on the basis of a single set of globally recognized valuation standards that will be acceptable to the world's capital markets...
Related Link: http://www.ivsc.org/
Taxation Conference - San Francisco, California
The annual conference of the Institute for Professionals in Taxation (IPT) is held in San Francisco, California. Moderating the event is Mike Remsha and presenting is Tony Wells, Topic: The Effects of Personal Property/Intangibles on Real Estate Valuation.
Related Link: http://ipt.org/
Fair Value & Goodwill Impairment Testing
Andrew Fargason has been selected to participate in The Appraisal Foundation Working Group to develop best practices. Topic: Best Practices for Measurement and Application of a Control Premium in Determining the Fair Value of a Reporting Unit for Goodwill Impairment Testing Pursuant to SFAS 142.
The Appraisal Foundation is an organization authorized by Congress as the source of appraisal standards and appraiser qualification. The newly formed working group will meet in August to kick off discussions aimed at producing a white paper on best practices for control premium analysis in a US GAAP setting.
Related Link: http://www.appraisalfoundation.org
The Deal - Determining the Value of Companies
Land of the Lost - a valuation disconnect. Lack of available financing and plunging stock prices have impacted the determination of what a company is worth. American Appraisal's Gary Frantzen and Jerry Mehm provide comments in the article, attached with permission from The Deal.