"I certainly feel that it would improve overall quality because the more valuation professionals who are accredited by the same body and who are subject to the same examination requirements, ongoing education, it just improves standards," said Naso, who specializes in business valuations
for RKL LLP, an accounting and business consulting firm based in Manheim Township.
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Area of Specialization: Business Valuations
for all industries Certifications/Credentials: All Website: www.TheMentorGroup.Biz State or Country: CA Category: Listing #:57951 [To receive the contact name for this listing, reference the five-digit number which follows each listing and e-mail to FirstList, firstname.lastname@example.org.
In 2005, California practitioners launched an aggressive campaign to have the proposed standards revised to eliminate costly and unnecessary application to engagements beyond business valuations
. In fact, CalCPA Council is on record as opposing the inclusion of tax in the standards.
The income and market approaches are typically relied upon for "going concern" business valuations
; the cost approach generally applies to liquidation analyses.
TIMOTHY CROMLEY, CPA, is an accredited senior appraiser in business valuations
, a professional engineer and a registered U.S.
Besides the Web community, other benefits of section membership include access to specialized information on current BV/FLS issues, such as practice aids and AICPA-issued standards on business valuations
; the CPA Expert quarterly newsletter; networking opportunities; marketing assistance and legislative advocacy.
The new site also carries: the BIZCOMPS ($395) database of transactional information on "Main Street" businesses for the last ten years; FMV Restricted Stock Study ($499), a new tool for quantifying marketability discounts; and, Valuation Advisor's Lack of Marketability Discount Study ($399), a new empirical tool for determining the marketability discount in business valuations
are used for a variety of purposes.
BVR also publishes Business Valuation
Library (www.BVLibrary.com), an online compilation of business valuation
court cases, conference presentations, articles, and federal and state laws and regulations relating to business valuations
also contains tables containing settlement information of interest to the legal professional.