How to choose the best benchmarking data for your next valuation
How to Choose the Best Financial Statement Benchmarking Data for your Next Valuation In a valuation, we need to compare the subject company’s financial statements against itself and the industry it operates in. Choosing the best source for benchmarking data to do this depends on the facts and circumstances of the case. On the surface, […]
Rankings Build Credibility
Rankings Build Credibility By Dave Miles Benchmarking provides empirical evidence, the hard numbers needed to determine the company’s industry standing, strong, weak, average, as a factor in making decisions about ongoing cash flow and risk. The range of value between a weak company and a strong company in a marketplace is considerable. If you can […]
“IRS Data too stale?” I Say Absolutely Not True! by Dave Miles, CPA, CVA
“IRS Data too stale?” I Say Absolutely Not True! by Dave Miles, CPA, CVA In the business of valuation, experts have to make tough choices about data. Consciously or not, these decisions are usually based on the core tenants of sufficiency and relevancy. I am dismayed to report that most folks think IRS Corporate Ratio […]