March 8, 2007 Conference

Quantification of Company-Specific Risk: Theory and Applications - Breakthrough Research!

Featuring Peter Butler and Keith Pinkerton

Telephone Dial-In Audio Conference
Thursday, March 8, 2007

10:00am-11:40am PST / 11:00am-12:40pm MST / 12:00pm-1:40pm CST / 1:00pm-2:40pm EST

Presented by Business Valuation Resources, LLC
Earn TWO INTERACTIVE CPE credits for participating in this conference

PRICE: $249.00 for a single dial-in connection. Use your conference room and the whole office can listen in. Two CPE credits are available for each additional listener sharing the same phone connection - only $49.00 per person.

Register for conference for $249

Register for conference and CD for $339

Register for conference and Transcript for $339

Register for conference, CD, and Transcript for $429


The latest cutting edge research - straight from the source.
This teleconference follows the debut of Peter Butler and Keith Pinkerton's ground-breaking work on the quantification of company-specific risk. Their first article was published in the August 2006 issue of the Business Valuation Review and their second is coming up in the February 2007 Business Valuation Update. Listeners will hear from - and have the chance to question - the experts themselves about their technique that is directly related to Aswath Damodaran's Total Beta analysis. Attend this teleconference to learn how to this break through research is the most defensible company-specific risk technique to date.

Learning Objectives:

  • Understand the theory and assumptions behind this technique, which for the first time objectively quantifies company-specific risk

  • Illustrate a practical application on how to calculate company-specific risk for the closely-held company

  • Offer “best practices” on how to use this technique to improve your appraisals

Program Outline:

  • Panelist introduction
  • Quantification of Company-Specific Risk: Theory and Practical Applications presentation by panelists Peter Butler and Keith Pinkerton
    • Demonstrate the theoretical foundation of this new technique
    • Dive into the financial theory and math behind the calculations
    • Case study analysis of an industry
    • What does this all mean?
    • Putting this technique to practical use
    • Conclusions, other observations and future issues
  • Participant Q&A to panel via phone or email
  • Concluding remarks

Panel Includes:

Peter Butler, CFA, ASA

Peter is a Manager in the Financial and Valuation Services department of Hooper Cornell.  He has more than 12 years of diverse financial and valuation consulting experience, including venture capital investment and analysis of publicly-traded stock involved in securities class action litigation.  Peter also has valued privately-held companies for mergers and acquisitions, estate and gift tax, financial reporting, and litigation support.

He holds a Bachelor of Science degree in mechanical engineering from the United States Naval Academy in Annapolis, Maryland and served approximately eight years in the U.S. Navy as a Surface Warfare Officer.  He also earned a Master in Business Administration (finance concentration) from San Diego State University.

Peter maintains memberships in the CFA Institute, the CFA Society of Idaho, and the American Society of Appraisers.

Keith Pinkerton, CFA, ASA

Keith is a Manager in the Financial and Valuation Services department of Hooper Cornell.  Since 1995, Keith has performed valuations of numerous companies across a wide range of industries for estate and gift taxes, succession planning, buy-sell agreements, litigation support and transaction assistance.

Preceding his valuation assignments, he worked as an Economist for the US Department of Agriculture, where he played key roles in multi-billion dollar, foreign economic development and humanitarian aid programs.  He has traveled extensively throughout the former Soviet Union.

Mr. Pinkerton maintains memberships in the CFA Institute, the CFA Society of Idaho, the American Society of Appraisers, the Treasure Valley Estate Planning Council, the Mises Institute, and the National Association for Business Economics.  Mr. Pinkerton has earned a Master of Business Administration degree from Baylor University and a Bachelor of Arts degree (Economics) from the University of South Florida (Tampa).






CPE Credit Information

Earn 2 Interactive CPE Credits (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

Please note: To receive CPE credit, you must fill out the post conference survey. The survey link is e-mailed to participants along with the dial-in number and registration code, normally sent two or more days prior to the conference. CPE credit only registrants will be sent the survey link via e-mail.

Satisfaction Guaranteed:
For more information on this telephone conference or our past telephone conferences, please email customerservice@bvresources.com Business Valuation Resources offers a 100% money-back guarantee. If you are not completely satisfied, you may submit a written request within 30 days of the date of this program to receive a full refund. Please e-mail our accounting manager at: cassandram@bvresources.com . There are no fees associated with refunds.