Bitcoin & Digital Assets: The Industry, Valuation, and Forensics
Every day, bitcoin and digital assets seem to become more mainstream for both businesses and investors. Over time, valuation and forensic professionals are bound to encounter clients with digital asset holdings, and they will need to face the unique challenges they create. Experts Mark DiMichael and Jennifer Cohen will provide valuation and forensic accounting professionals with the information they need to help their clients deal with this complex asset class.
Dates set for VSCPA forensics and valuation conference
One of our favorite events is the annual two-day conference held by the Virginia Society of CPAs (VSCPA).
Journal of Business Valuation 2020 Edition
From the CBV Institute ...
This Deceptively Simple Tool Can Help Clients Forecast Cash Flow
Valuation and forensics expert Darrell Dorrell (Financial Forensics) offers an Excel spreadsheet you can give clients to help them keep a close eye on their cash flow during these tough times.
Financial Triage: Five One-Page Tools for Appraisers That Add Value During Transition Or Crisis
There are five simple, but powerful tools, financial experts can use to help their clients manage precious cash, increase diminished revenues, and concentrate people resources during business crises. The tools, i.e. RCF, DRC, CCO, BPM, and SMM and have been deployed for nearly two decades in businesses throughout North America ranging from sole proprietorships to Fortune 500 companies. They are ideally suited to businesses needing immediate cash and revenue enhancement supplemented by sustainable actions. Join ...
BVU News and Trends April 2020
A monthly roundup of key developments of interest to business valuation experts.
Facing a roadblock to your site visit?
During a recent BVR webinar, Karolina Calhoun (Mercer Capital) discussed valuation adjustments and potential forensic implications in litigation.
Valuation Adjustments & Potential Forensic Implications in Litigation
In a contentious divorce, shareholder dispute, damages matter, or other litigated corporate matter involving the valuation of a closely held business, the issues can be multifaceted and may require additional forensic investigative scrutiny. As such, it is important to consider the potential forensic implications of valuation adjustments as they may lead to other analyses. Join Karolina Calhoun for an examination of what adjustments you may need to consider and what to watch for in different ...
Reminder: Comments due on new forensics standard
Comments are due February 28 on the proposed Statement on Standards for Forensic Services No. 1 (SSFS 1) developed by the AICPA’s Forensic and Valuation Services Executive Committee (FVSEC).
BVU News and Trends February 2019
A monthly roundup of key developments of interest to business valuation experts.
AICPA issues new forensics standard
There is often an overlap between valuation work and forensics, so a new standard for forensic services should be of interest to valuation experts.
AICPA offers new certificates in forensics
Business valuation and forensics often go hand in hand, but some valuation experts are not qualified to get a certification, such as the AICPA’s Certified in Financial Forensics (CFF) credential.
Award recipients at the AICPA FVS conference in Las Vegas
Top volunteers and young professionals were honored at the AICPA’s 2017 FVS Conference November 13-15 at Caesar’s Palace in Las Vegas.
Help needed with academic research on Big Data
Please take a short, five-minute survey on the use of Big Data in forensic accounting in preventing and detecting fraud. The University of Memphis is conducting research.
Expert report proves best defense against Daubert offense
In litigation, attacks on expert opinions are par for the course, but a sound expert report can ward off a Daubert challenge and clear the way to admission at trial, as a recent fraud case illustrates.
Lack of Marketability a Factor in Valuing Minority Interest
In buyout case, calculation of fair value of minority shareholder’s interest in restaurant turns on forensic accountant’s credit/cash ratio analysis; New York trial court says law recognizes lack of marketability as a factor in valuing closely held corpor ...
Cortes v. 3A N. Park Ave. Rest Corp.
In buyout case, calculation of fair value of minority shareholder’s interest in restaurant turns on forensic accountant’s credit/cash ratio analysis; New York trial court says law recognizes lack of marketability as a factor in valuing closely held corpor ...
Expert’s ‘Judgment’ in Selecting Growth Rate Needs Proof of Guiding Principles
Court declines to reconsider Daubert ruling, finding the expert failed to support his selection of the growth rate in lost profits calculations with reliable, guiding principles.
Manpower, Inc. v. Insurance Co. of Pennsylvania (II)
Court declines to reconsider Daubert ruling, finding the expert failed to support his selection of the growth rate in lost profits calculations with reliable, guiding principles.