IVSC

DECEMBER 5, 2023

The International Valuation Standards Council (IVSC) is pleased to announce that its Standards Review Board (SRB) has unanimously approved the forthcoming edition of the International Valuation Standards (IVS), set for release in January 2024. The SRB, led by Chair Susan DuRoss, comprises global experts in technical standards, including leaders of the IVSC’s Asset Standards Boards – the Business Valuation Board, Financial Instruments Board, and Tangible Assets Board.

Business Valuation 246

Business Valuation 246

Harvard Corporate Governance

DECEMBER 5, 2023

Posted by Bocar Ba (Duke University), Roman Rivera (University of California, Berkeley), and Alexander Whitefield (University of Pennsylvania), on Tuesday, December 5, 2023 Editor's Note: Bocar Ba is Assistant Professor of Economics at Duke University, Roman Rivera is a Postdoctoral Scholar at the IRLE at University of California, Berkeley, and Alexander Whitefield is a Ph.D. student of Applied Economics at University of Pennsylvania.

Marketability 213

Marketability 213

Mckinsey and Company

DECEMBER 5, 2023

From automating processes and powering hyperpersonalization to permanently altering the idea generation process, generative AI is poised to be a catalyst for a new age of marketing capabilities.

Marketability 129

Marketability 129

Harvard Corporate Governance

DECEMBER 5, 2023

Posted by Matteo Tonello, The Conference Board, on Tuesday, December 5, 2023 Editor's Note: Steve Newman is a Contributing Author at The Conference Board ESG Center in New York. This post relates to a Conference Board research report authored by Mr. Newman and is based on Corporate Environmental Practices in the Russell 3000, S&P 500, and S&P MidCap 400: Live Dashboard , a live online dashboard published by The Conference Board and ESG data analytics firm ESGAUGE.

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136

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

Marketability

Mckinsey and Company

DECEMBER 5, 2023

Setting up gen AI pilots is easy; scaling them to capture material value is hard. A recipe for success is emerging.

Banking 131

Banking 131

Law 360 M&A

DECEMBER 5, 2023

A Colorado brewery has sued one of its co-owners, alleging that he misappropriated more than $1 million of the company's money for personal use and his other businesses, claiming in a state court complaint that his misconduct forced the company to file for bankruptcy.

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Law 360 M&A

DECEMBER 5, 2023

An Illinois law firm that earlier this year was found liable for the loss of a client's $3 million placed in an escrow account under the firm's control has urged a federal judge to uphold its right to a jury trial.

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Mckinsey and Company

DECEMBER 5, 2023

In the face of climate and transition risks, an updated planning paradigm can help grid operators mitigate evolving challenges and ensure grid resilience and affordability.

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Gross Mendelsohn

DECEMBER 5, 2023

"Hot dog, it's time to issue an RFP for audit services!" said no nonprofit ever. If you’re like most nonprofit audit committee members and executive directors, you cringe just a little when it comes time to solicit proposals for a new audit firm. As an audit firm that responds to dozens of nonprofit requests for proposals (RFPs) every year, we’re here to offer advice (and a template!

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Machen McChesney

DECEMBER 5, 2023

One of the most appreciated fringe benefits for owners and employees of small businesses is the use of a company car. This perk results in tax deductions for the employer as well as tax breaks for the owners and employees driving the cars. (And of course, they enjoy the nontax benefit of using a company car.) Even better, current federal tax rules make the benefit more valuable than it was in the past.

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Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

Corporate Finance

N Contracts

DECEMBER 5, 2023

Bank of America is on the hook for $12 million in penalties after the Consumer Financial Protection Bureau (CFPB) issued a consent order against the bank for falsifying mortgage lending data.

Banking 87

Banking Compliance 87

Appraisers Blog

DECEMBER 5, 2023

In reply to Johnny Q. Oh, it’s no problem for me. It’s just so obvious how FNMA is diminishing the appraisal process in the name of Wokeism. My words did not suggest subjectivity. Except to someone that was a hammer and everything they saw was a nail. So you walk into a 3 Star Michelin restaurant with 5 friends. All of you order a different dish.

Appraisal 98

Appraisal 98

NYT M&A

DECEMBER 5, 2023

JetBlue Airways is trying to persuade a federal court to let it acquire Spirit Airlines, a deal that the Justice Department says will raise fares and reduce competition.

Mergers & Acquisitions 85

Mergers & Acquisitions 85

Benzinga

DECEMBER 5, 2023

Chinese electric vehicle startup Nio, Inc (NYSE: NIO ) reported third-quarter revenue of 19.07 billion yuan ($2.61 billion), up by 46.6% year-over-year and 117.4% from the previous quarter. Analysts, on average, estimated revenue of $2.63 billion for the quarter. Vehicle deliveries were 55,432 in Q3 of 2023, up by 75.4% Y/Y and 135.7% Q/Q. Consequently, vehicle revenue climbed 45.9% Y/Y and 142.3% Q/Q.

Equity 81

Equity Marketability 81

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

Marketability

JPAbusiness

DECEMBER 5, 2023

For Australian business owners, the Christmas-summer holiday period can be a time of frenzied activity or it can be dead quiet; it really depends on the industry you’re in. Either way, planning your resourcing is key. Planning means you are well placed to make the most of the money-making opportunities – if there are any – or make the most of the opportunity for everyone in your team to enjoy a good break.

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Benzinga

DECEMBER 5, 2023

Biotech company Branded Legacy, Inc. (OTC.PK: BLEG) announced on Tuesday that it has acquired Florida-based MariJ Pharmaceuticals, Inc. , which specializes in the certified organic mobile extraction and production of CBD from industrial hemp. What Happened The deal encompasses two separate companies under the MariJ umbrella, each contributing unique strengths and licensing support for market presence to Branded Legacy's growing portfolio, the company said in a press release.

Marketability 75

Marketability 75

Mckinsey and Company

DECEMBER 5, 2023

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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Appraisers Blog

DECEMBER 5, 2023

Average AMC appraisal fee to the appraiser: AMCs are taking far more of the borrower-paid fee this year than they did last year.

Appraisal 98

Appraisal 98

Avanade

DECEMBER 5, 2023

Szymon Duchniewicz shares highlights from the Linux Foundation Member Summit 2023.

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97

Benchmark Report

DECEMBER 5, 2023

Benchmark International has successfully facilitated a transaction between Fort Myers, Florida-based Trimcraft of Ft. Myers, Inc. and Stuart, Florida-based ASP Stair Parts (DBA “American Stair Company”).

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Appraisers Blog

DECEMBER 5, 2023

The world is doomed. No wonder my children do not want to have kids. Is that bad as in good or bad as in bad… oh the inhumanity. The lunatics are running the asylum.

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75

Financial Times M&A

DECEMBER 5, 2023

Proposed 49% holding in East Anglia wind farm is latest in string of Emirati deals in Britain

Marketability 91

Marketability 91

Appraisers Blog

DECEMBER 5, 2023

Got a letter today from FNMA. They will be monitoring me now for using the term “good school” in 2 reports. They kinda gave away their agenda. “… the words used in the report can still influence the reader.” Translation. Our computer progs can’t distinguish your meaning that would be clear to most humans. Ironically in the market of these reports, the schools are a major influence.

Appraisal 75

Appraisal Marketability 75

Mckinsey and Company

DECEMBER 5, 2023

Mobility is a fundamental part of daily life and ripe for constant change and innovation. This report looks at global mobility trends and investment in smart mobility across geographies and technologies.

Start-ups 62

Start-ups Technology 62

Appraisers Blog

DECEMBER 5, 2023

In reply to Tom. There are ways around this. We’ve a rich language and can use words that don’t suggest subjectivity. In the case schools, these are usually rated. If you must, state the rating.

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75

Law 360 M&A

DECEMBER 5, 2023

A Delaware bankruptcy judge Tuesday said she will approve Sunlight Financial Holding's prepackaged Chapter 11 sale plan just over a month after the solar power financing company filed for bankruptcy.

Finance 52

Finance 52

Auto Dealer Valuation Insights

DECEMBER 5, 2023

Karolina Calhoun, CPA/ABV/CFF and Zac L. Lange, CPA are presenting an in-person CLE session at the Memphis Bar Association’s Business Law Section Annual Seminar on December 13, 2023, at 4 PM. Their session will cover “Business Valuations for Litigation, Damages, and Transactions: A Guide for Attorneys.” Karolina Calhoun, Vice President, has been involved with hundreds of valuation and litigation.

Business Valuation 52

Business Valuation 52

Law 360 M&A

DECEMBER 5, 2023

While deals continue to get done despite a 60% increase in significant merger investigations in the U.S. last year as agencies moved away from settlements, private equity firms should identify and assess potential antitrust risks and develop strategies to mitigate them early in the deal process, say attorneys at Dechert.

Private Equity Firm 52

Private Equity Firm Equity 52

Gergory Caruso

DECEMBER 5, 2023

In the realm of estate and gift tax valuation, the concept of Discount for Lack of Marketability (DLOM) plays a crucial role in determining the fair market value of closely held business interests. The DLOM reflects the reduced value of such interests due to their limited marketability compared to readily tradable securities like publicly traded […] The post Navigating the Complexities of Estate and Gift Tax Valuation: The IRS Job Aid for DLOM as Your Guide appeared first on The Art of Bus

Fair Market Value 52

Fair Market Value Business Valuation Marketability 52

Law 360 M&A

DECEMBER 5, 2023

Special purpose acquisition company Khosla Ventures Acquisition Co. plans to liquidate and return investors their money, becoming the second of three Khosla-backed SPACs to close after failing to complete a merger amid harsh market conditions.

Marketability 52

Marketability 52

Financial Analyst Insider

DECEMBER 5, 2023

Flipping houses has become a popular avenue for real estate investors looking to capitalize on the potential for quick returns. This strategy involves purchasing a The post How to Successfully Renovate Real Estate for Profit appeared first on Financial Analyst Insider.

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Law 360 M&A

DECEMBER 5, 2023

The Third Swedish National Pension Fund and alternative investment manager Wafra Inc. on Tuesday announced the formation of new investment platform Covalent, which will be launched with $1.05 billion of capital to focus on mid-market buyouts and growth equity investments in North America and Europe.

Equity 52

Equity Marketability 52

Sun Acquisitions

DECEMBER 5, 2023

Selling a business is a significant milestone for any entrepreneur or business owner. It represents the culmination of years of hard work, dedication, and passion poured into building and nurturing a successful enterprise. However, selling a business is not as straightforward as putting up a For Sale sign and waiting for buyers to flock in. It involves several critical stages that must be navigated with care to ensure a successful and fruitful transaction.

Asset-based Approach 52

Asset-based Approach Marketability Business Valuation Compliance 52

Law 360 M&A

DECEMBER 5, 2023

Glass recycling company Strategic Materials Inc. filed for Chapter 11 protection in a Texas bankruptcy court with about $433 million in debt and a plan to hand lenders its business, after struggling to meet payments on floating-rate debt that's become "significantly more expensive" as interest rates have risen.

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