Industry News

By avm February 5, 2016 In Industry News
Proposed IRS regulations to eliminate discounts for family limited partnerships (FLPs) are to be released comment, but never seem to arrive.  The Obama Administration proposed changing the law over several annual budget proposals in order to restrict or eliminate valuation discounts on transfers of interests in family-controlled entities. The Administration was not successful in having the...
By avm February 5, 2016 In Industry News
INTRODUCTION The valuation process typically does not assess the underlying company accounting policy and procedures. However, it is important for stakeholders to be aware of accounting conventions, and to vet them in any due diligence effort. The following is a discussion of different accounting policies and what risks they might introduce. Accounting guidelines allow companies...
By avm February 5, 2016 In Industry News
Business Valuation, Its Complexity and Importance When it comes to estimating appraisal cost - business valuations for privately held businesses and professional practices generally require special expertise, familiarity with relevant court decisions, and appropriate appraiser qualifications.  Accounting conventions are not designed to determine the value of a company; instead they are used to state income...
By avm February 5, 2016 In Industry News
The scope of a valuation engagement and its fee are dependent on the complexity of the business and the timely presentation of information to the analyst.  As with most professional services, the relationship between the client and the appraiser will typically be set out in a written agreement.  This agreement defines the scope of the...