In the latest BVWire newsletter, there’s something of a bombshell (if you’re into this kind of thing):
Fair value is on hold at the FASB, observes Adam Smith (FASB), due to concerns over the BV profession. Up to now, the FASB has been a proponent of fair value in financial statements. This trend will not continue, according to Smith, because of the fragmented nature…
Maybe it’s just a coincidence but I received two messages today. One from a contact here in the Boston area. And another from Europe. I thought I would share the questions and my answers as a way to start a conversation about intangibles, intangibles measurement and “hard” business results. I would love to hear your thoughts....
Question 1: Is there any evidence that evaluators consider seriously the findings of an intangibles assessment in acquisitions or…