Appraisal Rights

MAY 7, 2021

The M&A panel at yesterday’s Cannalaw conference addressed what valuation techniques are being used to determine the purchase price of a marijuana company. While in recent years the traditional valuation metrics would normally be utilized – whether multiples of sales, revenues or EBITDA, for instance – the current market is experiencing a supply/demand imbalance, as the scarcity of licensing allows sellers to be more aggressive in testing what the market can bear.

EBITDA 40

EBITDA Marketability Business Valuation 40

ThomsonReuters

MAY 7, 2021

As technology transforms tax accounting, business schools are working hard to ensure the next generation of accountants are well-grounded in the digital tools and software that will be central to their professional lives. The growing importance of tax technology is apparent in Deloitte’s recent global tax management survey in which more than half of the respondents said they had increased their focus on digital and tax technology in the past two years.

Technology 98

Technology Accounting Firms Compliance 98

ThomsonReuters

MAY 7, 2021

How to mitigate risks with tax software. Corporate tax teams are facing an array of risks, new and old, that complicate their ability to deliver an accurate and defendable tax provision within an ever-shrinking financial close window. These risks include new hybrid work models; challenges accessing tax data and streamlining workflows; and regulatory developments, with the potential for a global minimum tax, among other concerns.

Compliance 81

Compliance Technology 81