• QuickRead Top Story - Valuation/Appraisal

    The Era of “Illiquid for Longer” in Private Equity

    Navigating Liquidity, Valuation, and Risk When exits slow down, everything else starts to feel tighter. That is where many sponsors are today. In this article, the authors discuss the reasons for the longer exits and ramifications. Private equity runs on exits. When exits slow down, everything else starts to feel tighter: fund timelines, liquidity planning, and even conversations with investors. That is where many sponsors are today. Exits are taking longer, buyers are tougher on price, and financing is not as easy as it used to be, so more companies are staying in portfolios past the “normal” timeline. That means…

  • Financial Forensics - QuickRead Top Story

    New Frontiers in Financial Forensics

    Part III in a Series Addressing Advances in Forensic Accounting and Financial Forensics Those working to manage valuations and investigate fraud are seeing the impact of two trends that emerged in 2023: an increasingly tight labor market and the advancement and adoption of new technologies. The reality is as we enter 2024 and the workforce continues to shrink, the implications of these new technology innovations will only continue to grow. The author shares his views on how the innovation will impact the valuation and forensic professions. Those working to manage valuations and investigate fraud are seeing the impact of two…

  • Practice Management - QuickRead Top Story

    20 Questions that Will Help You Find Your Niche

    There are riches in niches! That’s because you cannot be everything to everybody. Sounds reasonable. But what is missing is the advice that will help you identify your practice niche that everyone says is the secret sauce to making more money. There are riches in niches! That’s because you cannot be everything to everybody. Sounds reasonable. But what is missing is the advice that will help you identify your practice niche that everyone says is the secret sauce to making more money. I’ve written previously that my niche was tax purpose valuations for manufacturing and distribution companies. (I practiced what…

  • Practice Management - QuickRead Top Story

    6 Rules I Follow to Get the Big Stuff Done

    We all need to get everyday work stuff done. Often though, doing the everyday work stuff leaves little time to get the big work stuff done. Stuff that can make a huge difference in your practice (and your life). In this article, the author describes six rules he follows to get those important matters done. We all need to get everyday work stuff done. Often though, doing the everyday work stuff leaves little time to get the big work stuff done. Stuff that can make a huge difference in your practice (and your life). Stuff that can make those valuation…

  • QuickRead Top Story - Valuation/Appraisal

    Comments: A Follow-up Response to Michael McKean on ESOP Valuations

    Robert Reilly Shares His Thoughts on Impressions Should a valuation analyst accept an ESOP valuation engagement? That is the question raised by Michael McKean in his article written in response to the recent QuickRead article series by Robert Reilly. In this article, Mr. Reilly shares his thoughts on the subject matter. I am old enough to remember the early television show, The Original Amateur Hour. I started watching the show in the 1950s, although it debuted on television in 1948 (before my time). I remember the spinning wheel and the phrase, “Round and round she goes, and where she stops…

  • Forensic Accounting - QuickRead Top Story

    Small Business Valuations

    Using Forensic Accounting Valuing the small business is how most valuators earn their living. These small businesses pose as much issues to valuation professionals as they do for tax, accounting, and legal professionals by providing these entities with advice. The issues are wide-ranging, and the purpose of this article is not to patronize small business owners; rather, the purpose of this article is to discuss the challenges we in the valuation community face when valuing small businesses and how forensic accounting techniques can help. [su_pullquote align=”right”]Resources: Forensic Accounting Academy Forensic Accounting Specialty Webinars Forensic Accounting Techniques in Business Appraisals Financial…

  • QuickPress - Valuation/Appraisal

    Davids versus Goliaths: A Closer Look at Valuation Distortions—Economic Times (India)

    A Disparity in Valuation Prices Between Companies Large and Small in Similar Industries Adds to Investment Challenges   Jwalit Vyas at The Economic Times (India) illustrates how a wide disparity in valuation between companies large and small offers an additional challenge for business owners, investors, and financial consultants.  Here’s more: