BV Girl

By Eva Lang - According to an AICPA press release dated May 19, 2008, AICPA Council has authorized the creation of a new CPA specialty credential in forensic accounting. The Certified in Financial Forensics (CFF) will be the fourth of the Institute’s specialty credentials.

By Eva Lang - How broad is the current economic slowdown and is it affecting business valuation firms? Two recent items give us some insight into how economic conditions are affecting BV work.

On May 7, 2008, the American Society of Appraisers published in the ASA BV E-Letter, the results of an informal poll of ASA BV practitioners.

By Eva Lang - Business appraisers know how important it is for owners of closely held companies to have a business valuation. It is sometimes more difficult to convince the business owner.

By Eva Lang - Understanding financial statements and analyzing ratios are just part of understanding a company’s value. Noted valuation experts Jim Rigby and Bill Quakenbush have started a blog to address these and other issues related to understanding value drivers in the closely-held company.

By Eva Lang - Another major corporate failure played out this week with the immolation of Bear Stearns. Over the last 52 weeks the stock price ranged from $159.36 per share to $2.84 per share, a spectacular collapse.