One of the most important decisions an attorney involved in a complex litigation will have to make is the selection of a forensic accountant as a consultant or as an expert witness. The specialized training and expertise of a forensic accountant can make a significant impact in the successful outcome of a case. [Read more…]
The Importance of Industry Research in Valuing a Business
02/17/2017 Posted By
Many times the industry outlook section of a business valuation report is not given the appropriate attention it deserves. Conducting a detailed industry analysis will provide the valuation analyst with the required knowledge needed to determine an appropriate conclusion of value. [Read more…]
Does the Purpose of the Valuation Impact the Valuation?
05/02/2016 Posted By
The purpose of a valuation will ultimately dictate, the standard of value to be used, the audience the valuation will be used by, the type of report or means of communicating the result, as well as in some cases [Read more…]
What Is the Difference in All the Various Valuator Credentials?
04/25/2016 Posted By
Okay, you’ve seen the professional designations such as CPA, CVA, AVA, ABV, ASA, CBA, CFFA and so on. But WHAT ARE ALL OF THESE DESIGNATIONS? Isn’t just a regular CPA all one needs in a matter of valuation or forensic accounting? [Read more…]
What Is Property?
04/18/2016 Posted By
The definition of property is pivotal in any valuation. The valuation is essentially an economic quantification of the bundle of rights that are either held or transferred in connection with the valuation project. [Read more…]
Where Is the Excess Earnings Method Most Relevant?
04/11/2016 Posted By
The excess earnings method of valuation is the result of Appeals Revenue Memorandum 34, issued by the Internal Revenue Service. Its intended result was to separate the value of the tangible assets from the value of the intangible assets. [Read more…]
Can Anyone Do Valuations?
03/21/2016 Posted By
Certainly anyone has the capability to prepare a valuation. The bigger question is “Are they qualified to prepare the valuation?” It is important that you or your clients evaluate the potential expert in light of their education, experience, background, and credentials in the valuation arena. [Read more…]
What Are the Key Issues of Family Limited Partnerships?
03/14/2016 Posted By
When utilized correctly, Family Limited Partnerships can be very powerful estate planning and
asset protection planning tools. However there are a number of defects that can occur. The
following is a list of common defects in FLP structures, not in any particular order and certainly
not exhaustive: [Read more…]
How Are Valuations Used in Asset Impairment Studies?
03/07/2016 Posted By
The Financial Accounting Standards Board approved the issuance of Statement of Financial Accounting Standards No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets. FAS 144 applies to recognized long-lived assets to be held and used or to be disposed of. [Read more…]