Auto Dealer Valuation Insights

OCTOBER 12, 2023

Christopher Mercer, FASA, CFA, ABAR will be participating in the Business Valuation Institute UK’s 2nd Expert Summit webinar on October 26, 2023. Chris will be part of an expert debate, where some of the leading business valuation experts will discuss the most topical issues like is high inflation here to stay?,

Business Valuation 52

Business Valuation 52

Reynolds Holding

JULY 12, 2022

In a new article, the Rhetoric of Activist Shareholder Stewards , I systematically examine what the language of stewardship can teach us, focusing on disclosure statements to the first-generation UK Stewardship Code (2010/12). Shareholder stewardship at the micro-level is understood as engagement and voting.

Marketability 119

Marketability 119

Audit Board

JANUARY 23, 2023

It’s a fast-moving topic with information coming at us from all directions. The most important ones to be aware of are: UK Corporate Governance Code 2018. These include many of the UK’s largest traded companies, banks, and insurers, with large private companies caught by new rules as well. Select frameworks, if needed.

Start-ups 52

Start-ups Compliance Banking 52

Audit Board

AUGUST 10, 2023

In the UK, ESG and climate-related disclosures are expected to be tweaked in 2023, and go into effect by 2025. The “S” in ESG covers civil rights; diversity, equity, and inclusion (DEI); human rights; human capital, and even healthcare-related topics. urrently the EU and UK require companies to comply with various ESG requirements.

Compliance 52

Compliance Start-ups Data Analysis Equity 52

Harvard Corporate Governance

SEPTEMBER 17, 2023

Significant additional detail has been provided for in the ESRS, including two cross-cutting standards (ESRS 1 and ESRS 2) that provide general reporting concepts (including double materiality and reporting boundaries) and overarching disclosure requirements, and ten topical standards with specific disclosure requirements for ESG matters.

Marketability 240

Marketability 240

Appraiser Newsroom

JUNE 1, 2022

DLL hosted a special in-person offering of ASA’s ME203 Machinery and Equipment Valuation Advanced Topics course this past month taught by Senior Instructor, Jack Beckwith, ASA , for DLL Global Asset Managers. The course featured lectures, group activities and case study reviews.

Appraisal 52

Appraisal Marketability 52

IVSC

MARCH 23, 2023

I was also proud to be involved in the Board’s first perspective paper on ESG in real estate valuation, a topic will have a significant impact in the real estate world. Among my highlights I have been proud to be a part of the complete rework of IVS 300 plant, machinery and infrastructure, which was a long term objective.

Business Valuation 130

Business Valuation Intangible Assets Technology Marketability 130

Audit Board

DECEMBER 25, 2022

The outstanding speakers for AuditBoard’s webinars covered emerging risk topics impacting organizations like auditing Environmental, Social, and Governance (ESG) programs, cybersecurity, inflation, and Diversity, Equity, and Inclusion (DEI). Three main trends stand out when we look back at the most popular audit webinars from 2022.

Start-ups 52

Start-ups Technology Equity Compliance 52

ThomsonReuters

JANUARY 3, 2022

The SEC warned in CF Disclosure Guidance: Topic No. In the Topic 9A Guidance, for example, SEC Staff noted that?many We saw an uptick in its use after the 2008 financial crisis. This leads many to classify the arrangements as part of accounts payable, making liquidity positions appear stronger than they actually are.

Finance 98

Finance Compliance Banking 98

Reynolds Holding

SEPTEMBER 14, 2023

We add to the existing literature by presenting newly collected data on the shareholdings of the 25 largest institutional investors in each of the Continental European companies included in the Euro Stoxx 50 and the 15 largest UK companies included in the FTSE 100.

Banking 64

Banking Finance Equity Marketability 64

Reynolds Holding

DECEMBER 18, 2022

In addition to the UK ICO guidance, the European Data Protection Board (the “EDPB”) has issued extensive guidance that might also help companies navigate these concepts under the State Privacy Laws. The EDPB , Irish Data Protection Authority and UK ICO have issued detailed guidance, including when the assessments are required.

Banking 45

Banking Compliance Start-ups Technology 45

Reynolds Holding

JANUARY 10, 2023

Anticipated changes included regulatory developments across the globe, including in the US, the UK, and the EU. Global ESG regulatory regimes will become more complex as new and emerging ESG regulation — including in the US, the UK, and the EU — continues to move ESG from a soft law or “private ordering” regime to hard law.

Start-ups 56

Start-ups Marketability Banking Finance 56

Reynolds Holding

JUNE 21, 2022

The regimes, such as those seen in the EU, UK, Canada and more recently throughout the APAC region, typically address similar issues but take different approaches. UK regulation. Recently updated Canadian fund guidance.

Marketability 83

Marketability Treasury Finance Compliance 83

Reynolds Holding

JANUARY 11, 2023

In 2013, following enhanced audit committee reporting in the UK, a group of reputable U.S. Shortly thereafter, the SEC sought public feedback on 74 topics related to audit committee disclosures. Investors also state that more company disclosure can help them decide which topics to engage on and how to vote.

Accounting Firms 59

Accounting Firms Marketability 59

Chris Mercer

DECEMBER 14, 2022

ChrisMercer.net is a blog where I talk primarily about things related one way or another to business valuation, but I also venture into personal topics from time to time. Walking has been one of those topics. Three years ago, on December 15, 2019, I began a journey and did not know where it would lead. JAMA Internal Medicine.

Start-ups 52

Start-ups Business Valuation 52

Reynolds Holding

DECEMBER 8, 2022

The Shell parent company was also the defendant in a landmark decision by the UK Supreme Court in 2021. [4] Both are hot topics in the current political discourse of Western democracies and both are broadly recognized as crucial to the global value system and the future of our societies. 3] The decision was based on Art.

Banking 124

Banking Equity Marketability 124

Reynolds Holding

MAY 15, 2022

The Guidance covers a range of topics, including an issuer’s affected business operations and related compliance with applicable sanctions and export controls, as well as relevant changes in an issuer’s disclosure or financial reporting controls. 2] For further details, please see our regularly updated summary of the EU, UK and U.S.

Compliance 45

Compliance Treasury Finance Corporate Finance 45

Valutico

SEPTEMBER 19, 2022

For the UK, for example, the long-term inflation target is 2% whereas for South Africa it is 5%. We hope you found our experts’ most recent guidance on this topic useful and that it allows you to conclude your business valuations with the confidence that the results make sense. inflation).

Business Valuation 78

Business Valuation EBITDA EBIT Discounted Cash Flow 78

Reynolds Holding

DECEMBER 10, 2023

For many mid and large cap companies in the UK and EU, share buybacks are implemented using Open Market Repurchases (OMRs) [9]. Candor Partners estimate that 30 to 40% of the $5.6tril buybacks executed by companies in the UK, EU and US over the last 5 years alone are likely to have been affected.

Dividends 45

Dividends Total Shareholder Return Corporate Finance Finance 45

Audit Board

JANUARY 25, 2023

But while most companies issue standalone reports on environmental, social, and governance (ESG) risk topics, separate reports require different reporting processes and additional cost.

Start-ups 52

Start-ups Technology Compliance 52

Musings on Markets

JULY 14, 2021

YouTube Video Company Filings EDGAR Company Filings (US companies) Companies House (UK company filings) Research The Evolution of 10-K Textual Disclosure: Evidence from Latent Dirichlet Allocation (Dyers, Lang & Stice-Lawrence) Doyoureadme? Lesmy, Muchnik and Mugerman).

Start-ups 52

Start-ups Marketability 52

Cooley M&A

MARCH 29, 2022

Getting management’s views is often best accomplished in informal conversations, but buyers can also review the topics discussed in board minutes, the workplace environment and the target’s position toward environmental initiatives to evaluate whether there is any substance behind management’s claims.

Marketability 40

Marketability Compliance 40

IVSC

FEBRUARY 7, 2022

Jeremy chairs the Corporate Reporting Users’ Forum (CRUF) UK and co-chairs the Capital Markets Advisory Committee (CMAC), which is one of the advisory groups of the International Financial Report Standards (IFRS) Foundation. I recently took part in an interesting IVSC panel discussion on the topic ‘ Time to get Tangible about Intangibles ’.

Discounted Cash Flow 252

Discounted Cash Flow Intangible Assets Marketability Price to Book 252

Musings on Markets

NOVEMBER 4, 2022

Facebook: Filling in the Background It is worth noting that in good times, when earnings are rising and stock prices are upward bound, investors do not seem to have much interest in corporate governance, and it is only when the numbers start to move against them, that they rediscover the importance of the topic.

Start-ups 98

Start-ups Market Capitalization Marketability Dividends 98

Reynolds Holding

OCTOBER 13, 2022

For example, the European Securities and Markets Authority has been consulting on this topic since spring 2020, and in July 2022 the Financial Markets Standards Board published a spotlight report on ESG ratings, exploring opportunities for greater transparency and comparability.

Marketability 53

Marketability Banking 53

Audit Board

AUGUST 31, 2023

AuditBoard’s ESG Regulations Guide was developed to summarize existing and emerging ESG disclosure regulations and proposals from the US, UK, and EU. What to Know About the UK, EU, and US Climate Disclosure Requirements: Essentials Current Status Why the increasing urgency? We’re here to help. What Do I Need to Know About the U.S.

Compliance 52

Compliance Start-ups Technology Banking 52

Reynolds Holding

MAY 9, 2023

(Note that if a company chooses to require this alignment information from a nominating stockholder, it may also wish to disclose whether its own nominating committee has had similar alignment conversations with the company’s director candidates on topic such as, e.g. , retention of the CEO. 33] See CSX Corp. 2d 511, 570-572 (S.D.N.Y.

Dividends 45

Dividends Finance Equity Marketability 45

Reynolds Holding

MAY 1, 2023

1] NDAs were back in the headlines earlier this year following the leak to the Telegraph of around 100,000 Whatsapp messages belonging to the former UK Health Secretary Matt Hancock. [2] ENDNOTES [1] See for example the claims of harassment involving Harvey Weinstein , Phillip Green and the 2018 President’s Club Dinner. [2]

Compliance 49

Compliance Banking Marketability 49

Reynolds Holding

FEBRUARY 9, 2023

In this article, we examine the key ESG topics impacting businesses in the second half of 2022, which included the green energy transition, the performance of ESG funds, the role of ESG matters in disputes and the ongoing development of the ESG legislative and regulatory landscape in the U.K., and Europe.

Finance 49

Finance Marketability Start-ups Equity 49

Reynolds Holding

MARCH 7, 2023

The CMA has now published for consultation its Draft Guidance on Environmental Sustainability Agreements (the “Draft Guidance”) setting out how such initiatives may be exempted from the UK rules. Keep written minutes of ESG initiative meetings to demonstrate that discussions did not stray from permissible topics.

Banking 89

Banking Marketability Accounting Firms Compliance 89