BUSINESS VALUATION
AICPA Introduces Its New Valuation Standard
by Edward J. Dupke
Business valuation is an evolving practice that touches a number of CPA practice areas, and many groups will be affected by the recently published valuation standard, the Statement on Standards for Valuation Services no. 1, Valuation of a Business, Business Ownership Interest, Security, or Intangible Asset.
For CPAs providing business valuation services

Professional Guidance in Business Valuation:
Applying SSVS1
by Robert F. Reilly
The growing demand for business valuation services has increased the need for professional guidance in this area. The new standard gives AICPA members guidance on practicing in this realm.
For CPAs providing business valuation services

50 Examples of When to Apply SSVS1 Suggested Guidelines for How to Implement SSVS1 in Your BV Practice

Pension Protection Act Changes Valuations
for Tax Purposes
by Michael A. Crain
The Pension Protection Act of 2006 changed tax valuation matters that affect how appraisals of non-cash ­contributions are considered by the IRS, increasing the Service’s ability to penalize appraisers.

For CPAs providing business valuation services