by Appraisal Economics | Jul 10, 2023 | Valuation
In recent years, the automotive industry has witnessed a profound shift as electric vehicles (EVs) surge in popularity. As society increasingly prioritizes sustainability and governments implement stricter emission regulations, major automobile manufacturers are...
by Appraisal Economics | May 12, 2023 | Valuation
Last year, we wrote a blog in response to Ernst & Young’s announcement that they would be splitting off their audit and advisory operations, which would have been the first time a Big Four accounting firm has ever done this. EY’s split would have...
by Appraisal Economics | Apr 12, 2023 | Valuation
The western region of the United States is currently facing a water shortage so severe it is being referred to as a megadrought. The Los Angeles Times reports that this is the worst drought in over 1,200 years, and factors like climate change and overuse of water...
by Appraisal Economics | Mar 21, 2023 | Valuation
Health and wellness industries were hit hardest during the pandemic. Since the start of COVID-19, 22 percent of gyms were forced to close their doors and the industry saw a revenue drop of close to $29.2 billion. Circumstances seemed grim for gym franchises over the...
by Appraisal Economics | Feb 17, 2023 | Business Valuation
For many private companies, the opening months of 2023 may present a series of accounting challenges, stemming from a change in lease accounting guidelines. In 2016, the Financial Accounting Standards Board (FASB) replaced ASC 840 with ASC 842, a set of new rules for...
