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Brustkern to speak at Fair Value Summit
Arcstone founder and Managing Director, Bo Brustkern, will be a panelist at the upcoming BVR Fair Value Summit in NYC. Joining Anthony Aaron of Ernst & Young, Brustkern will be addressing: Advanced Topics in Purchase Price Allocation/FAS 141R. He will also be joining several other distinguished practitioners - notably Neil...
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Latest SEC doc helps clear the murky waters of public disclosures
Financial executives received a new year's bonus from the SEC with the release of a document designed to help them navigate the murky waters of public disclosures. Last updated way back in 2000, this latest document has more than doubled in size in its latest iteration. For financial services professionals...
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Arcstone Rising
If you are a true finance nerd, you are indeed in luck: valuation is enjoying a rising tide and, as our colleagues across the industry agree, finding good people that do good work is no easy task. That's good for you; if you are good, that is. Look, we get...
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Brustkern to Keynote FEI Event
On Thursday, January 15, Arcstone Managing Director, Bo Brustkern will present the keynote address at the January meeting of FEI. Mr. Brustkern will be speaking on a subject near and dear to his heart as co-founder of Arcstone - a Colorado-based valuation shop: The Fourth Service Provider. The meeting commences...
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Brustkern to speak at Kauffman's Global Entrepreneuship event
Arcstone co-Founder and Managing Director, Bo Brustkern, will participate in a panel discussion on entrepreneuship. The event, part of the Kauffman Foundation's Global Entrepreneurship Week, will take place at the University of Denver on Monday, November 17. More information can be found at Unleashing Ideas, and the Daniels College of...
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SEC & FASB clarify 157
This afternoon the Chairman of the SEC, together with FASB staff, released a short document to clarify the application of FASB Statement No. 157, "Fair Value Measurements." The guidance provides clarification on the use of broker quotes and financial models, application to illiquid markets, and additional information relating to impairments....
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Reed and Brustkern to speak at Thunderbird
Chuck Reed and Bo Brustkern will participate in two interactive classroom discussions at the Thunderbird School of Global Management tackling the two-part issue of modeling and valuing volatile enterprises in uncertain conditions. The discussions will take place Friday, September 5th in the classroom of Dr. John Mathis; and Saturday, September...
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Has 409A gone global? The FBT has expanded.
Recently we became aware of an issue in India that makes us think 409A is potentially going global. The Fringe Benefit Tax, or FBT has recently been expanded to include a provision for equity compensation, and it looks somewhat familiar. It is our understanding that any company with employees in...
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FASB releases SFAS 141R
The Financial Accounting Standards Board (FASB) today released Statement No. 141 (revised 2007), Business Combinations. The revised Statement establishes principles and requirements for how the acquirer shall: Recognize and measure acquired assets and assumed liabilities Recognize and measure the acquired goodwill in the business combination, or a gain from a...
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FASB votes not to delay FAS 157
During today's open meeting of the Financial Accounting Standards Board, the members discussed the application of FASB Statement No. 157, Fair Value Measurements and considered deferring the current effective date. My partner Alex Hodgkin, who is in Connecticut today at the quarterly Appraisal Issues Task Force meeting, received word that...
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Extension of 409A Compliance: What's it mean?
The IRS announced today that taxpayers will have until December 31, 2008, to comply with the 409A regulations. The regs were finalized in April of this year, and had an initial compliance date of year-end 2007. So what does this mean for privately held companies -- our clients and would-be...
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141R Exposure Draft released
An exposure draft of 141R, issued in June of 2005, which will replace 141....
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