You Are Here: Home » Practice Management (Page 12)

A Matter of Liquidity: Why the Black-Scholes Model Overvalues Conversion Options —Pluris

Why The Black-Scholes Model Overvalues Conversion Options. The Black-Scholes method was the predominant model for many years, and was even endorsed by accounting rules prior to the introduction of FAS 157, even though it was never intended to be used for valuing complex securities or illiquid assets. Some have substituted lattice models or Monte Carlo simulation, making modifications or adjustment to attemp ...

Read more

Karl D. Keegan’s Biotechnology Valuation Helps Navigate a Difficult Field

Biotechnology Valuation: An Introductory Guide Biotechnology is producing quantum advances in medicine, but the specter of unforeseen consequences from treatments has brought with it a parallel growth in litigation.  Valuing biotechnology assets isn’t easy: generally accepted methods of discounted cash flows (DCF) and market comparison are sometimes difficult to apply in an industry rife with low probabilit ...

Read more

Benchmarking is not Just for Clients

Smart Consultants Use Benchmarks to Add Insight and Increase Profits Business valuation professionals constantly use benchmarking tools to evaluate businesses that we determine values for—but we aren’t always as diligent in using benchmarking tools to evaluate and to manage our own consulting businesses. Dave Cooper explains why this should be a priority. ...

Read more

If a Business Owner Dies, Who Can Access the Web?

This is increasingly a point of concern, writes Molly Williams at the Wall Street Journal's Small Business Blog. Business owners can eliminate the possibility legal chaos on this front by ensuring Web accounts are in their business' name, rather than their own.   And it's probably not a good idea to include  account numbers and passwords in wills and trusts because those can become public documents. A few s ...

Read more

When Clients Don’t Buy What a CPA Firm is Selling

Charles Green has posted an interesting thought-piece over at the Trusted Advisor site: When clients don’t buy what a CPA firm is selling, it’s unlikely that they don’t want what you’re selling. More likely it’s that they’re not buying how the service is being sold. For example, a potential client is talking with several accounting firms about a significant assignment. One firm has expertise in that area an ...

Read more

Wave of Deposit Money Pours Into U.S. Banks. Demand for Loans Lags. –WSJ

U.S. banks are awash with money from depositors, reports David Reilly in Wall Street Journal's Heard on the Street, while demand for loans lags behind. The Federal Deposit Insurance Corp.'s banking profile shows that net loans amounted to 70% of deposits in the first quarter, the lowest figure since 1984. As far as problems go, this isn't the worst to have. Deposit money is still washing over U.S. banks eve ...

Read more

The Accounting Crows Rock Out for Kids Camp

Ace Accounting Today reporter Danielle Lee may well have feared decadence, aggressive and overly-medicated groupies, atonal experimentation, psychedelics, and really bad rhyme.  But she braved the challenges and took on the story in any case, and it turned out to be pretty cool:  An all-CPA band rocked tax day, performing a long set of classic rock during their annual End of Season Tax Bash in a Connecticut ...

Read more

U.S. Private Companies Get Separate Accounting Board –WSJ

New private company council includes FASB, but in reduced role, The Journal of Accountancy explains.  "This announcement is excellent news for small businesses that have been concerned about the future of US GAAP particularly in relation to an international move toward IFRS," adds Editor Gail Perry at AccountingWeb.  Emily Chasan at the Wall Street Journal reports: The Financial Accounting Foundation’s Boar ...

Read more

The Secret to Getting Small-Business Loans –OPEN Forum

The recession is over and entrepreneurs are looking for cash, but are banks willing to lend? The answer is a resounding yes, according to reports at OPEN Forum. OPEN Forum's Katie Morell talks to lending and credit experts to get the tips you need to get that loan application approved.  Here's what she found out: Bankers emphasize that borrowers need to present a solid picture of their business and themselv ...

Read more

What if Accountants Offered Work “In 30 Minutes Or It’s Free” or: “Absolutely, Positively Overnight”? It Could Change Everything!

 . . . or at least  so opines Edi Osborne, of Mentor Plus, at CPA Trendlines.  She throws in a third promise you've probably heard but we couldn't fit on the subject line:  "No Surprise Billing. Ever."  More:   What do these three tag lines have in common? Predictability. Dominoes and Fed Ex built their entire business model on making (and keeping) an uncomplicated predictability promise to the customer.  D ...

Read more

CBO: Taxes and Spending Cuts Will Likely Send U.S. Into Recession

The U.S. likely will fall back into recession if scheduled spending cuts take effect and Bush-era tax cuts are allowed to expire this year, the Congressional Budget Office said. If the U.S. falls off this "fiscal cliff," the economy will probably contract 1.3% in the first half of 2013, the CBO said.  CNN Financial Times / Alphaville New York Times NPR Reuters USA Today Wall Street Journal Yahoo! Finance ...

Read more

Lawmakers Put S-Corporations in Their Sights

Congressional Democrats have proposed financing student-loan legislation by expanding payroll taxes on subchapter S corporations and partnerships. The bill would levy Social Security and Medicare taxes on all business income if the firm is engaged in professional services, such as investment advice, or if 75% or more of the gross income of the firm is attributable to three or fewer shareholders. Investment ...

Read more

Two Unexpected Paths to Small Business Growth

Over at OPENForum, Mike Periu, a Principal at EcoFin media writes: Using counterintuitive strategies in your business can be risky, but when they work the rewards can be enormous. Trying these methods can help you improve sales and profits: Preventing Theft Warehouse stores like Costco, BJ’s and Sam’s Club are very careful with their inventory management and go to great lengths to avoid shrinkage, which is ...

Read more

Survey: The 8 Qualities Employers Most Want in Their Employees

At TLNT:  The Business of HR, John Hollon reports on a new nationwide survey of 174 employers by OI Partners, an organization that describes itself as “a global talent management company, renowned for its highly personalized services …  (specializing) in mid-level, executive and group outplacement; executive coaching; leadership development and workforce solutions.” Being a team player (selected by 71 perce ...

Read more

Three Ways to Make Your Employees Happy — American Express OPENForum, Families and Work Institute

The company culture you build has a major impact on how successful the business will be as it grows, writes Dan Schawbel, personal branding expert, at American Express OPENForum, a small business media hub.  One of the biggest trends in the past few years is workplace flexibility.   A new study by the Families and Work Institute shows that more than 75 percent of employers now offer some form of flex time. ...

Read more

5 Things Small Business Investors Need to Know about “IP”

The Wall Street Journal's Small Business Blog featured recently a guest column by Antone Johnson on the use, misuse, and misvaluation of intellectual property.  It's probably of interest to valuators and financial consultants who are working with small business owners to value and growth their businesses.   Venture capitalists, angel investors and start-up lawyers these days tend to be obsessed with "intell ...

Read more

“Regulations Pushing Up Financial Firms Costs” Finds Study. Burden: “60 Rule Changes Every Working Day” –Financial Times

In an article titled "Regulation 'Pushing Up Financial Firms' Costs" The Financial Times' chief regulation correspondent Brooke Masters  reports that extraterritorial regulations, rules that affect businesses outside the country that enacts them, are pushing up costs and driving banks, insurers and asset managers away from particular markets, a survey of global financial firms has found.   More than half th ...

Read more

©2018 NACVA and the Consultants' Training Institute • (800) 677-2009 • 5217 South State Street, Suite 400 Salt Lake City, UT USA 84107

event themes - theme rewards

UA-49898941-1
lw