Valuation’s Orphan: Economic Benefit Streams
Training Event Transcripts
April 21, 2015
Darrell Dorrell, CPA/ABV, MBA, ASA, CVA, CMA, DABFA
The valuation profession comprises only three essential components to value (V): an economic benefit stream (EBS), a required rate of return (R), and secondary adjustments (Sa). Technical literature and CPE are replete with required rate of return and secondary adjustments guidance. Yet, economic benefit stream guidance is scant, thus its “orphan” designation. The derivation of an economic benefit stream is a forward-looking concept, which can be derived through a wide variety of quantitative and qualitative forecasting techniques. It is essential to all valuations and related matters, e.g., damages. However, one is hard-pressed to find substantive guidance for constructing an economic benefit stream until now.
Join expert Darrell Dorrell as he delivers a logical, practical, and defensible approach for the forensic operator striving to develop a representative economic benefit stream.