Featuring (click image for more information):

Jay Fishman FASA Financial Research Associates	Z. Christopher Mercer ASA, CFA Mercer Capital	Charles P. Rettig Esq. Hochman, Salkin, Rettig, Toscher & Perez, P.C.

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Why You Should Attend:

Events subsequent to the valuation date are seldom known, knowable, or foreseeable – particularly recently.  As appraisers continue to sift through the fallout of recent economic turmoil the consideration of subsequent events is becoming ever more important when proving and defending a sound conclusion of value.

In “Subsequent Events: Dealing with the Unknown and Unforeseeable” two of the valuation communities best minds, Jay Fishman and Chris Mercer, will join one of best in tax litigation, Chuck Rettig, for an in-depth discussion of how to handle the tricky area of accounting for subsequent events.  Any appraiser performing valuations today without the use of a crystal ball should attend this teleconference.

Agenda

• Background
  • What is the Subsequent Rule?
  • What are its origins?
  • What is meant by known or knowable?
  • Are their categories of Subsequent Events?
• Subsequent Events in Tax Court
  • Early References
  • References in Revenue Ruling 59-60
  • Estate of Tully and related cases
  • Emergence of Jung and its progeny
  • Differences between evidence of value and factors affecting value
  • Recent Tax Court decisions: Estate of Noble
• Subsequent Events in Other Venues
  • Subsequent Events in Fair Value matters
  • Subsequent Events in Divorce cases
  • Reference to the use of subsequent events in SSVS-1
  • Use of subsequent events in USPAP
• Practical Aspects of the Subsequent Event issue
  • Does disclosure impact the opinion?
  • Judges, lawyers and clients want to know
  • How does Canada view subsequent events?
  • Subsequent events and the slippery slope.
• Criticism Concerning Subsequent Events
  • “To Seek a Newer World”
  • Other tax court and judicial opinions
  • Informational restrictions and subsequent events
  • Is there a middle ground?

Learning Objectives

• Understand what constitutes a subsequent event, and which subsequent event should be accounted
• Understand how to properly account for subsequent events
• Learn what guideline statements say about subsequent events
• Clarify what existing case law says about subsequent events

BVR's Teleconference Usage Policy

Purchase of admission to any of BVR's teleconferences grants ONE phone connection and ONE computer connection per physical location per registration. Additional unregistered phone or computer connections are a violation of BVR's Teleconference Usage Policy, and BVR reserves the right to withhold CPE credits from both registered and unregistered users in violation of this policy.

Group Discounts Available

For group discounts on Teleconferences contact Linda Mendenhall at lindam@bvresources.com or (503) 291-7963 ext. 125.

CPE Credits for Unlimited Listeners

Have as many eyes and ears take advantage of your registered connections as possible:CPE credit is available for an unlimited number of listeners to any registered line.

To add listeners for CPE credit, contact customer service (cs@bvresources.com or (503) 291-7963) with main registrant's name, the names of the persons to receive credit, and their email addresses. We welcome as many eyes and ears to take advantage of those connections as possible.

CPE Information

Prerequisites: Knowledge of Business Valuation
Program Level: Advanced
Preparation Required: None
Delivery Method: Group Internet-Based
Recommended CPE: 2 Credit Hours (Consulting Services)

Business Valuation Resources, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.org NASBA Sponsor

On Demand Packs: Conference Recordings & Transcripts

BVR's On Demand Packs are an indispensable addition to any valuation reference library. Use them as training tools as many times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.

Each On Demand Packs includes:

• Recordings and transcripts of the presentation
• All presentation visual aides and handouts
• All ancillary reading materials suggested by our presenters

For a complete list of available On Demand Packs from past teleconferences, click here.