The estimate of a long-term sustainable growth rate for a business enterprise is a key input for valuation estimates using the Income Approach. Research on long-term growth rate estimates disclosed in SEC filings suggests a wide range of growth estimates have been used by appraisers. And what is the relationship between the long-term sustainable growth […]
This session is designed to discuss things that practitioners should do to become a better expert witness. Gary Trugman, CPA/ABV, ASA, MVS, will discuss some do’s and don’ts of expert witnessing and ways that an expert can get in trouble even without trying
Mr. Trugman is the President of Trugman Valuation Associates Inc., a business valuation […]
Chapter president Paul Wonch facilitates a panel of BV experts discussing each topic.
The speaker for this program is Daniel R. Van Vleet, ASA, Managing Principal at The Griffin Group. Mr. Van Vleet will detail the important valuation related aspects of the Tax Cuts and Jobs Act and demonstrate how they impact both business valuation models and the values of C corporations, PTEs, and their respective ownership interests. The […]
By Paul Wonch, MBA, CPA/ABV, CVA, MAFF
The best book I read in 2017 was Principles by Ray Dalio, published by Simon and Schuster in 2017. In it he uses the phrase “evolve or die.” What he is talking about is the idea that everything is evolving over time. For businesses it suggests that successful ones have found […]
The Annual Capital Markets Panel & Discussion occurs every year sponsored by the Chicago BVA and ASA. Panel members include Elliot Farkas, Managing Director at William Blair & Company, and Rick Mattoon, Senior Economist and Economic Advisor at the Federal Reserve Bank of Chicago. Elliot will give us an update on mergers and acquisitions activity, […]
The speaker for this program is Mark L. Zyla, CPA/ABV, ASA, Managing Director of Acuitas, Inc. Mark will describe how social media creates value and explain the seemingly unrealistic valuations.