Obtaining Adequate Information in Small Business Valuations As valuation professionals, one of the challenges we face in valuing small businesses is the quality of the financial information provided by the subject company. The NACVA professional standards require members to exercise due professional care and obtain sufficient relevant data to prepare a conclusion, recommendation, or position. In this articl ...

Requiring Valuation Analysts to Have Specialized Trainingk Credentials, and to Adhere to Professional Standards Will Protect ESOP Participants and Beneficiaries   CPA Practice Advisor reports that the President and CEO of the American Institute of CPAs (AICPA), Barry C. Melancon, CPA, CGMA, has publicly announced his organization's support for a new bill in the House of Representatives.  H.R. 2041 would mod ...

CPA Site Solutions Announces Social Media Marketing System CPA Practice Advisor recently reported that CPA Site Solutions, which develops and hosts web sites for accounting firms, has added social media features to update sites with accounting and finance tips via Twitter, Facebook, and LinkedIn. The Social Media Marketing System feature alleviates [the problem of accountants too busy to update their websit ...