The European Association of Certified Valuators and Analysts (EACVA) and the International Valuation Standards Council (IVSC) are pleased to present the 5th issue of the new European Business Valuation Magazine (EBVM), published in September 2023.

• Editorial: From Science to Craft: Dealing with Uncertainty in a Changing World (of Business Valuation)
  Maud Bodin Veraldi
• Synergies in Accounting and Valuation
  Christof Binder
• Dealing With Historical Capital Structure Volatility in Valuation – How to Directly Estimate Unlevered Betas
  Matthias Meitner/ Kenneth Lee
• Data: Industry Betas and Multiples (for Eurozone Companies)
  Martin H. Schmidt / Andreas Tschöpel
• Data: Transaction Multiples (Scandinavia and Britain)
  Stefan O. Grbenic
• News from IVSC
• News from EACVA
• IVSC Members Introduce Themselves: Institute of Chartered Accountants in England and Wales (ICAEW)