Learn how fraud and valuation matters are handled during bankruptcy
Forensic and Valuation Services (FVS)
Release Date: 06/04/2021
Real Estate in the Valuation of Operating Entities and Holding Companies
Forensic and Valuation Services (FVS)
There are nuances to dealing with real estate in the valuation of operating companies or real estate holding companies. Lisa and Chris tackle the important considerations for business valuation appraisers such as: Implications for your analysis and the applied valuation approaches, as well as your overall conclusion of value Tax consequences due to built-in capital gains The nature of right-of-use assets and liabilities Guests: Lisa Cribben, CPA/ABV, ASA, CMA, Partner, Hawkins Ash CPA Chris Volz, CPA/ABV/CFF, ASA, Partner, Wipfli LLP Host: Greg Saunders, CPA/ABV, ASA,...
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Eye on Fraud - Too Good to be True: Ponzi Schemes
Forensic and Valuation Services (FVS)
Once a Ponzi scheme has been exposed as a financial fraud, a forensic accountant’s skills are instrumental in the investigation of the fraud and assessment of damages. The Eye on Fraud authors, Rumbi and Kathy, share: What is a Ponzi scheme vs. a pyramid scheme vs. multi-level marketing How and why Ponzi schemes draw in victims Ponzi scheme red flags Guests: Rumbi Bwerinofa-Petrozzello, CPA/CFF, CFE, Head of Strategy, Consulting, Seramount Kathy Bazoian Phelps, Esq. Partner, Raines Feldman Littrell LLP Host: Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director,...
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Insights for Navigating Common Issues in Business Valuation
Forensic and Valuation Services (FVS)
While each business valuation assignment may be unique, there are often common themes and issues that typically arise. Understanding how different practitioners may navigate those issues can provide helpful guidance and reassurance when undertaking an engagement. Since Ethan Lee and Monica Caswell focus their efforts on different valuation niches, they were able to provide their specialized insight regarding the following topics: Undertaking limited-scope engagements Managing client expectations Avoiding biases in your conclusions Common errors observed in opposing experts’ analyses...
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High Times for CPAs? – Forensic Accounting Services in the Budding Cannabis Industry EXTRA
Forensic and Valuation Services (FVS)
Clay and Howard got into the cannabis industry because it presented interesting opportunities to serve new clients in a growing industry. The learning curve has been steep given the regulations and cash-based nature of the business, and building trusted relationships is key to success. Forensic accountants can play an important role as the industry matures and consolidates. Especially to help sort out Profitability issues that lead to litigation Due diligence for mergers and acquisitions Investigating fraud risks Guests: Howard M. Silverstone, CPA/CFF, Executive...
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Byteful Insights: Valuing Tech and Data- a conversation with the IVSC
Forensic and Valuation Services (FVS)
This conversation with the author of the latest of 5 IVSC perspective papers on intangible assets, “Value and Data” takes a deep dive into understanding: What is considered technology and what drives the value of data How both play a critical role as intangible assets within the modern economy The influence of artificial intelligence on valuation practices Please share your thoughts about the episode - Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to This podcast episode is part of the...
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FVS Eye on Fraud – Accountants and the Battle Against Money Laundering
Forensic and Valuation Services (FVS)
With an increased understanding of financial crimes and money laundering, accountants can assist law enforcement, banks, investors, and governments with information that can be useful to help Keep our capital markets functioning as intended Protect our national security by preventing or disrupting illicit finance. This episode is a discussion surrounding the Summer 2023, Issue 3 of the FVS Eye on Fraud series that educates readers on the genesis of FinCEN’s efforts to enforce anti-money laundering legislation and today’s emerging issues on the topic. Guests: Patrice...
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Valuations for Gift and Estate Taxes: Review and Best Practices
Forensic and Valuation Services (FVS)
David, Natalya, and Brian discuss the current trends and challenges in business valuation and gift and estate tax including the importance of staying up to date on the current and potential changes in the gift and estate tax landscape. The AICPA offers resources and guidance to practitioners that work in the business valuation of estate and gift taxation such as the toolkit landing page, practice aids, and the case law listing – see links in the RESOURCE section below Guests: Brian Burns CPA/ABV/CFF, Partner and lead, FORVIS LLP Forensics and Valuation practice Natalya...
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Protecting Yourself While Conducting Internet Based Investigations
Forensic and Valuation Services (FVS)
Whether you perform investigations or not, you'll find real-world applicability in this interview with Ryan who will share with us the challenges of open source intelligence investigations (OSINT), including: Basics that investigators need to be aware of before conducting investigations How OSINT works with digital forensics What You might be giving away if you are not careful about how you conduct OSINT Guest: Ryan Duquette, partner, and national leader of digital forensics at MNP, Toronto Canada Host: Elizabeth Woodward, CPA/CFF, CFE, Dean Dorton Please share your...
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Valuation Court - Key Takeaways from Recent Cases
Forensic and Valuation Services (FVS)
Natalya and Dave discuss several recent valuation cases that they presented at the 2023 AICPA FVS conference, including: Whether PPP funds should be included in a marital dissolution valuation A charitable stock donation where the appraisal was rejected because the investment banker doing it lacked proper credentials A divorce case where the court relied on a minority interest sale price rather than the husband's expert, and The Biltmore Estate case where the IRS lost arguing for an asset approach rather than an income approach Dave and Natalya would like to hear from you about...
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Start Your Year on a High Note - An Overview of the Marijuana Industry in 2023
Forensic and Valuation Services (FVS)
Greg and Ron unpack the intricacies of valuing companies in the marijuana industry, exploring everything from regulatory challenges to market dynamics. Ron shares his extensive experience and offers insights into his journey, the industry's growth, and the challenges and opportunities it presents. Conflict between federal and state laws and regulations FVS practitioner engagement opportunities Nuances within the current landscape and landmines that must be considered when performing engagements. Guest: Ronald L. Seigneur, CPA/ABV, ASA, CVA, Founding Partner, Seigneur...
info_outlineGuests: Sugi Hadiwijaya, Partner, CR3 Partners LLC, and Jermaine Watson, Partner, Bonds Ellis Eppich Schafer Jones
The podcast highlights basic aspects on how fraud-related matters are managed in bankruptcy context. The podcast will cover issues such as:
- automatic stay
- ability to segregate operating assets from fraud-based liabilities
- typical outcome in fraud-driven bankruptcy filings
The podcast will also discuss the valuation in bankruptcy which is primarily related to establishing reorganized value. It’ll cover:
- critical purpose since reorganized value will drive recovery for stakeholders
- valuation fight and how it is generally handled via opposing valuation expert reports and testimonies
- factors bankruptcy judges may use to rule in valuation fight
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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