Marketability Discounts
Forensic and Valuation Services (FVS)
Host: David Consigli, CPA/ABV, CDFA, FAZ CPAs Guest(s): Brian McIntyre, CVA, Partner, Withum - Forensic and Valuation Services Natalya Abdrasilova, CPA/ABV, MAFF, CVA, Director of Valuation & Litigation Services, BDM, PC Description: In this episode we interview Brian McIntyre and Natalya Abdrasilova, presenters at the 2022 FVS Conference, and discuss the following: Concepts surrounding marketability discounts are always evolving The criticality of finding data to support your conclusions Need to be flexible to different options for valuing marketability There is no "one size...
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ESG – Why the Business Valuation Practitioner Should Pay Attention
Forensic and Valuation Services (FVS)
Host: Josh Shilts, CPA/ABV/CFF/CGMA, ASA, CFE. Shilts CPA, PLLC Guest: Nene Gianfala, CPA/ABV, CEIV, ASA-BV/IA, Chaffe & Associates, Inc. Josh’s conversation with Nene confirms that ESG is not a fad that is going away. This episode will provide you with takeaways that business valuation practitioners need to know including potential increased risks for subject companies. What is ESG and how does it impact a business’ value How will newly required ESG disclosures trickle down and impact private companies Incorporation of ESG into your business valuation practice Why it is...
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409A Valuations – What you Need to Know
Forensic and Valuation Services (FVS)
Host: Nene Gianfala, CPA/ABV, CEIV, ASA-BV/IA, Chaffe & Associates, Inc. Guests: Zac Liermann, CPA, Senior Consultant, Wipfli LLP Jared Hannon, CFA, CEIV, Director, Grant Thornton LLP In this episode, we talk to Zac and Jared, who recently presented at the 2022 FVS Conference in Las Vegas on 409A Valuations and discuss the: History and explanation of 409A/ASC 718 Valuations Complex nature of 409A Valuations Difference between simple and complex capital structures Allocation methods appropriate under a particular fact pattern Implementing...
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Cost of Capital Ramifications of the Russia-Ukraine War and Global Inflationary Pressures
Forensic and Valuation Services (FVS)
Host: Mark Smith, Director of Valuation Services, AICPA-CIMA Guest(s): Carla Nunes, ABV, Managing Director, Kroll James Harrington, Director, Kroll In the wake of the COVID-19 pandemic entire segments of the global economy were shut down and reopened resulting in global supply chain disturbances. Additionally, Russia’s invasion of Ukraine has put further pressures on global agriculture, energy, and other commodity prices. As a result, we are in an unprecedented period in economic history. In this episode we interview Carla Nunes and James Harrington from Kroll (formerly Duff & Phelps)....
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The Valuation of Human Capital
Forensic and Valuation Services (FVS)
Guests: Josh Shilts, CPA/ABV/CFF/CGMA Ethan Rouen, Ph.D Ethan Rouen, assistant professor of business administration at Harvard Business School, teaches the course “Reimagining Capitalism”. Josh came across Professor Rouen’s work while doing his own research on the valuation of human capital. Join the conversation between Josh and Ethan to learn more about: How do we view human capital? As an asset to invest in or an expense to manage? The challenge of creating a KPI for the value creation of human capital Market demand...
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Due Diligence in Restaurant Space
Forensic and Valuation Services (FVS)
Guest(s): Sugi Hadiwijaya, CR3 Partners, LLC; Dalton Potts, NRD Capital Short podcast structured as conversation on topics of due diligence in restaurant space. Topics discussed include: Reasons/purposes/goals of restaurant acquisitions How to analyze restaurant P&L during due diligence How to understand operational aspects of due diligence Other matters such as quality of earnings, liquor license transfer, liabilities This is a podcast from AICPA & CIMA, Together as the Association of International Certified Professional Accountants. Learn more at aicpa.org and cimaglobal.com...
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AICPA’s Business Valuation Committee – What We Do and Why You Should Get Involved
Forensic and Valuation Services (FVS)
Host: Josh Shilts, CPA/ABV/CFF/CGMA Guests: Maryellen Galuchie and Mark Smith In this episode, Josh touches base with Maryellen, Managing Director with Grant Thornton’s Corporate Finance Division and chair of the Business Valuation Committee and Mark, Director of Valuation Services at the AICPA. Josh, who is an immediate past committee member, leads the discussion to help folks understand: What is the role of AICPA committee work? Who makes a good candidate for the AICPA’s BV committee WIIFM (what’s in it for me)?- What you can expect from being a BV committee member How to...
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Business Valuation – M&A vs. Equity Analysis
Forensic and Valuation Services (FVS)
Guests: Josh Shilts, CPA/ABV/CFF/CGMA Matthew Shaffer, Ph.D Matthew Shaffer, an assistant professor at USC Marshall School of Business, feels accounting is the fundamental measurement for how companies perform and emphasizes the use of accounting fundamentals to determine valuation methods. His December 2021 article "Why Value the Enterprise enroute to Equity? Valuation Practice in M&A" caught Josh's attention. During this episode, Josh Shilts and Professor Shaffer discuss: What prompted the writing of the article Why M&A...
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The Business Valuation Profession
Forensic and Valuation Services (FVS)
Guests: Josh Shilts, CPA/ABV/CFF/CGMA Jay Fishman Jay Fishman is a ground-breaking figure in the business valuation profession. Jay started Financial Research Associates 41 years ago. So, what was going on in the BV world 42 years ago?! Jay’s path in valuation began Manufacturers Appraisal Company, and with a Ph.D. student’s background in research, he started digging into the value of a variety of unusual intangibles. Josh speaks with Jay about: What drives you to keep pushing, to keep taking the next step Building a...
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Healthcare Valuation Pt 2
Forensic and Valuation Services (FVS)
Guests: Josh Shilts, CPA/ABV/CFF/CGMA Mark Dietrich, CPA/ABV Josh Shilts, CPA/ABV/CFF/CGMA sits down for a second time with Mark Dietrich, CPA/ABV, to further explore the complexities of healthcare valuation including: Data sources such as the Goodwill Registry Using principles not just rules when performing valuations Private equity transactions and platform investments No cash flow, no goodwill: the role of relative value units (RVU) What to put in your toolbox? The episode is brought to you by the , the premier provider of information,...
info_outlineGuest(s): Sugi Hadiwijaya, CR3 Partners, LLC; Dalton Potts, NRD Capital
Short podcast structured as conversation on topics of due diligence in restaurant space. Topics discussed include:
- Reasons/purposes/goals of restaurant acquisitions
- How to analyze restaurant P&L during due diligence
- How to understand operational aspects of due diligence
- Other matters such as quality of earnings, liquor license transfer, liabilities
This is a podcast from AICPA & CIMA, Together as the Association of International Certified Professional Accountants. Learn more at aicpa.org and cimaglobal.com
The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.
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