Private Credit Valuation: Opportunities, Risks, and Lessons from the Great Financial Crisis (GFC)
The FVS Valuation Podcast
The private credit landscape stands at a critical juncture amid rising technical defaults, restructurings, and redemption pressures. Our guest, Luca Blasi, draws on his unique experience in valuation, banking, and regulatory oversight, our industry expert observes parallels with the rapid growth, compressed risk premia, weaker underwriting discipline, and opaque pricing prevalent in the pre-GFC era, but highlights a key difference: today’s capital is largely held by longer-horizon investors like pensions and insurers rather than highly leveraged banks. Luca analyzes potential spillover...
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Personal vs. Enterprise Goodwill: The Divorce Valuation Battleground
The FVS Valuation Podcast
Goodwill is one of the most contested issues in divorce business valuation and family law cases. This episode examines personal vs. enterprise goodwill, the double dip problem, and why state law and standards of value can dramatically affect outcomes. Valuation experts share practical insight into how goodwill is analyzed in real world divorce litigation. Guests: , CPA/ABV, CDFA, Partner, FAZ Forensics CVA, CDFA, Principal, IAG Forensics Host: CPA/ABV/CFF, Partner, Anthem Forensics Thanks for listening. It takes just a couple of minutes to . You can also contact us...
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Valuation’s Talent Pipeline: How the AICPA’s Model Business Valuation Curriculum Is Changing the Game
The FVS Valuation Podcast
This episode explores how the recently enhanced AICPA Model Business Valuation (BV) Curriculum is designed to help prepare the next generation of valuation professionals. A panel of academics and practitioners discuss why the curriculum was developed, the challenges it aims to address along the ABV pathway, and how it introduces the analytical, modeling, and strategic advisory skills that today’s market increasingly demands. The Curriculum provides a: Clear, confidence‑building pathway to the ABV credential that supports the accelerating demand for valuation expertise Cohesive,...
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Business Valuation Hiring and Retention in 2026 – Demand, Development, and the Pipeline
The FVS Valuation Podcast
Demand for business valuation professionals continues to outpace supply, making hiring and retention a top challenge for valuation and forensic services firms heading into 2026. This episode explores business valuation hiring trends, talent retention strategies, AI’s impact on early career valuation roles, and how firm consolidation is influencing the market. We also discuss why rebuilding the business valuation talent pipeline at the collegiate level is critical to the future of the profession. Continue reading to learn about key resources available at AICPA-CIMA.com to improve your...
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Grabowski’s Take - Discount Rates, Risk, and the Future of Valuation
The FVS Valuation Podcast
Thanks for listening. It takes just a couple of minutes to . You can also contact us directly at Is CAPM still the gold standard for determining cost of capital—or is it time for a rethink? Valuation expert Roger Grabowski explores why CAPM often fails in practice and how shifting toward investment-specific risk provides a more accurate framework for real-world decision-making. We also discuss multi-factor models, ASC 820 implications, and practical strategies for communicating risk concepts to courts and auditors. Key Takeaways CAPM’s Limitations: Decades of research show...
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Implementing AI in your Valuation Practice
The FVS Valuation Podcast
In this episode, host Nene Glenn Gianfala sits down with Greg Endicott, a seasoned valuation professional and technology innovator, to discuss the transformative impact of artificial intelligence on the valuation industry. Greg shares practical insights and a detailed 8-step framework for successfully integrating AI into valuation practices—whether you’re part of a large firm or a solo practitioner there are opportunities for efficiency, automation, and market expansion. Key takeaways AI Is transforming every aspect of valuation Transparency, auditability, and professional standards...
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Macroeconomic Update 2025 - Cost of Capital and Valuation Impact
The FVS Valuation Podcast
This interview was recorded on 10/28/2025 at the AICPA FVS Conference. Economic issues discussed are still relevant as of the publish date: 11/20/2025 On this episode we hear from Carla Nunes and Jim Harrington from Kroll right after their session at the 2025 AICPA FVS Conference on October 28 to discuss the post-election economic landscape focusing on tariffs, fiscal stimulus, and their impact on valuations and the cost of capital. Our guests highlight how recent government policies, trade uncertainties, and the rise of AI are shaping market sentiment, interest rates, and equity risk...
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Current Trends in Private Credit Markets
The FVS Valuation Podcast
Private credit is one of the fastest-growing areas in alternative investments, driven by tighter traditional lending and demand for higher yields. But its rise brings valuation challenges—limited transparency, non-standard pricing, and infrequent market activity. How can these assets be accurately valued? What risks might be overlooked? And how should investors assess performance and liquidity? Hear from a specialist tackling these questions, and explore AICPA resources to enhance your valuation analysis. Key takeaways • Industry economics and motivations of stakeholders...
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ESOPs: Preserving Culture, Valuation and Empowering Employees
The FVS Valuation Podcast
In this episode, host Alex Partin and guests Serena Morones, David Harkins, and Kyle Wolf each bring their unique perspectives on Employee Stock Ownership Plans (ESOPs) and their critical role in succession planning for privately held businesses. The conversation explores how ESOPs offer a compelling alternative to traditional exit strategies. The panel brings together perspectives from business valuation experts and those with firsthand experience in ESOP-owned firms, offering practical insights for business owners considering this path. Key Takeaways: ESOPs as a Succession Tool:...
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Insights for Navigating Common Issues in Business Valuation - 2025 update
The FVS Valuation Podcast
In this episode, host Greg Saunders is joined by a diverse panel of guests for a candid discussion on business valuation practices and regional nuances. The panel explores key topics including: Tax effecting PTEs post-TCJA Using the guideline transaction method effectively Managing timing mismatches in real estate appraisals Aligning valuation and transfer dates Differentiating personal vs. enterprise goodwill Whether you're a seasoned valuation professional or an emerging professional, this episode offers practical insights and real-world perspectives to help navigate common valuation...
info_outlineHost: Nene Gianfala, CPA/ABV/CEIV, ASA-BV/IA, Chaffe & Associates, Inc.
Guest: John Borrowman, CPC, President, Borrowman Baker LLC
Join Nene and recruiter, John Borrowman, as they chat about the unique challenges for recruiting in the business valuation industry including the:
· Perfect Storm in the industry – what does it mean?
· Outmigration – the Silver Tsunami
· Curious labor trends post pandemic
· Ideas for mitigating the labor shortage
For Further exploration on this topic:
If you’re using a podcast app that does not hyperlink to the resources, please visit https://fvssection.libsyn.com/fvs to access the show notes with direct links.
Want to help spread the word about BV and Forensics as an alternate path to traditional accounting/auditing/tax? If you are interested in becoming a mentor (or finding a mentor), becoming a volunteer on a task force, and/or joining FVS awareness efforts to students/young professionals, please contact the AICPA-CIMA FVS member section.
Articles and training
· Hot jobs: Valuation specialists needed in good economic times and bad
· AICPA-CIMA Global Career Hub – Student careers
· How can AICPA ABV credential holders help in times of need?
· AICPA & CIMA Forensic & Valuation Services Conference
· AICPA & CIMA Expert Witness Skills Workshop
This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services. If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.
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LEARN MORE ABOUT THE FOLLOWING AICPA CREDENTIALS:
Accredited in Business Valuation (ABV®) – Visit the home page and check out the ABV infographic
Certified in the Valuation of Financial Instruments (CVFI®) – Visit the home page and check out the CVFI infographic
Certified in Financial Forensics (CFF®) - Visit the home page and check out the CFF infographic
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