From the Chair

I hope this e-letter finds everyone well and that you’re keeping warm and safe in those areas where you’re being inundated with snow. The BVC is between projects right now, so there is not a lot to report. We had a conference call meeting a couple of weeks ago and have our next face to face meeting in Chicago in May.

ASA recently hired a new Director of Education and a manager for its online course development. We are hoping that this means that we will be able to move forward on a timely basis with online business valuation courses. In the meantime, the BV education subcommittee is working on revising the Principles of Valuation (POV) courses so they will be appropriate for an online environment. Meanwhile, our classroom POV courses are still being offered (and will continue to be after the online courses are live) and the schedule is included in the bar on the left.

The 2013 Advanced BV Conference committee also met several weeks ago and has put together a draft of the conference agenda. They are currently confirming speakers and there will be more to report next month. Meanwhile, make sure to mark your calendar with the conference dates (October 14-16) so you don’t miss it!

I wanted to take a moment to thank all of you who asked to be considered as a nominee for an at-large seat on the Business Valuation Committee. There were so many people to choose from and those selected were as follows:

• Greg Ansel
• Rosanne Aumiller
• KC Conrad
• Susan Saidens

New officers will be elected as well and that slate includes:

Bob Morrison – Chair

Bill Johnston – Vice Chair

Ray Rath – Treasurer

For Secretary, we have two candidates:

Jim Brown

Jeff Tarbell

You will receive your ballots in May – please make sure to vote!

If you were not selected, please don’t be discouraged. The BVC is always looking for volunteers and we encourage you to get involved and stay involved! Let me know if you are interested in helping.

Finally, the Seattle University is still trying to get a statistical representation of our members to participate in their survey and I was asked to distribute the following message:

This is a sincere appeal for your participation in a research project, conducted by the Albers School of Business and Economics at Seattle University, on the important issue of fair value judgments. The researchers hope to report their findings at an upcoming ASA Valuation conference. 

We understand that the year-end continues to be an especially busy time but your participation is critical to get a broad representation from the business valuation community. We are still in need of a significant number of survey participants and so we would really appreciate it if you could contribute some of your valuable time.

The survey requires only about 20 minutes and entails reading a brief case and responding to a few questions. Please complete the survey at your earliest convenience.

Thank you for your participation.

That’s it for this month. I’m always anxious to hear from you if you have any questions or concerns that you want the BVC to address. Meanwhile, be safe.

Linda B. Trugman, ASA

Chair – Business Valuation Committee