Increasing Engagement with FVS Emerging Professionals
Forensic and Valuation Services (FVS)
Release Date: 06/06/2024
Discounted Cash Flows (rebroadcast with Roger Grabowski)
Forensic and Valuation Services (FVS)
Roger Grabowski has made numerous contributions to the field of valuation, particularly in forecasting cash flows using the discounted cash flow method (DCF). Roger speaks with Josh about the evolution of valuation practices and emphasizes the importance of understanding historical growth and differentiating between organic growth and growth through acquisitions. Topics discussed include: The importance of learning about the company and its management Thank you, Shannon Pratt - writing and presenting technical topics in an accessible manner Realistic forecasting and understanding the...
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Using AI in Your Valuation Practice – Part 2
Forensic and Valuation Services (FVS)
This is the 2nd of a two-episode interview with Rod Burkert who is a valuation practice coach and advisor. If you have not listened to Part 1 – consider . Rod views AI as a tool, and like how professionals learned to use Excel and Word, he encourages a mindset shift to familiarize oneself with AI and its potential applications in business valuation. How to prompt so AI understands where you are coming from and gives you better results Consumers' expectations for professionals to incorporate AI into their practices and use AI to save time and money AI-related tools to help your...
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Eye on Fraud - Fraud in the Music Industry
Forensic and Valuation Services (FVS)
The authors of the Eye on Fraud article on the same topic, Howard Silverstone and Sean Sauder, explore historical and modern examples of music fraud, including "payola," artist fraud, and streaming fraud, and discuss industry measures to combat these issues, including: Streaming fraud: bots, click farms, and playlisting scams Impact of fraud on artists and the industry, such as royalty fraud and illegal downloading The role of forensic accountants and the use of specific software and global task forces to fight streaming fraud Guests: Howard Silverstone, CPA/CFF, Executive Vice...
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Supporting Company Specific Risk and Reconciliation under ASC 805
Forensic and Valuation Services (FVS)
Pod Squad host Nene Gianfala discusses how to support company specific risk and reconciliation with our experts fresh out of their session at the FVS conference. Their conversation covers complex topics including: Understanding projected financial information (PFI) Quantifying company specific risk premium Reconciling WACC, WARA and IRR Complying with disclosure requirements and Learning the story behind the numbers. Guests: Charles Gallman, CPS/ABV, Managing Director, Advisory Services, Grant Thornton Ross McSwain, ABV, Sr. Manager, Advisory Services, Grant Thornton Host: ...
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Elevate Your Expertise - A Visit with the 2024 Forensic and Valuation Services Conference Co-Chairs
Forensic and Valuation Services (FVS)
Join us for the AICPA & CIMA Forensic & Valuation Services Conference from October 28-30 in Dallas, featuring special ticketed networking events. You can attend in person or virtually but attending in Dallas provides unmatched networking with FVS professionals. Register by September 13 to get a $150 early bird discount. Here's what's in store: Keynote speech by Rebecca Ryan, a futurist and economic expert Litigation Talk Series on courtroom perspectives and Daubert challenges AI sessions on practical applications and best practices for valuation and forensic work Micro...
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Using AI in Your Valuation Practice – Part 1
Forensic and Valuation Services (FVS)
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 and business valuation services. and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content. Rod and Josh discuss the impact of artificial intelligence (AI), on business and life: the talent crunch in the business valuation...
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Eye on Fraud - The Role of Artificial Intelligence in Forensic Accounting and Litigation Consulting
Forensic and Valuation Services (FVS)
FVS experts must keep abreast of AI’s influence on fraud and forensic accounting, utilizing it prudently and mindful of its constraints and misuse risks. Following the publication of the 2nd quarter Eye on Fraud report, we converse with the authors to learn about the four categories of AI and spotlight both the dangers and advantages of each type: Reactive machines Limited memory Theory of mind Self-awareness Guests: Clay Kniepmann, JD, CPA/CFF/ABV, Anders CPA and Advisors David Zweighaft CPA/CFF, CFE DSZ Forensic Accounting & Consulting Services Host: Frank Previti,...
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The Bankruptcy Briefings – Navigating Financial Rebirth, Part 3
Forensic and Valuation Services (FVS)
For our final bankruptcy episode, we are in conversation with Clint Neider from AlixPartners. Clint shares his passion for the critical role valuation plays in bankruptcy restructuring. Restructuring requires a combination of science and art, as well as the ability to play the role of a finance professional and a therapist. Clint shares: What skills make a successful restructuring practitioner How valuations impact the negotiation process Learning to educate, counsel, and provide guidance to the Court Guest: Clint Neider, CPA/ABV, AlixPartners, Restructuring Group Host: Josh...
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Tracing Money Laundering Funds Through FIAT and Crypto
Forensic and Valuation Services (FVS)
Elizabeth Woodward converses with Denise Harding, a speaker at the 2023 AICPA-CIMA Forensic and Valuation Services Conference. Denise provides insight into the Dark Web, addressing typical misunderstandings, as well as offering advice to help professionals: Capitalize on their forensic accounting expertise in cryptocurrency-related endeavors, Illustrate the tools frequently used in these types of assignments, and Establish best practices for efficient engagement management. Guest: Denise Harding, CPA/CFF, CFE, Forensic Accountant, Navel Criminal Investigative Service (NCIS)...
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Valuing Complex Financial Instruments
Forensic and Valuation Services (FVS)
While it has been thousands of years since the Greek mathematician, Thales, developed the first known option contracts to corner the market for olive presses ahead of the annual harvest, financial instruments continue to proliferate in both type and complexity. Faisal Lakhani of CBIZ Valuation Group specializes in advising clients in this area and shares his expertise to provide an overview to help us better understand what these instruments are, and how they are valued, including: Categories and classification of complex financial instruments Valuation approaches and methods Influence...
info_outlineDave and Greg's conversation underscores a universal truth in any career path: mentoring is critical for the nurturing of emerging professionals - new hires, and those in career transition, during their first 5 years as a valuation professional.
It plays a crucial role in career development and organizational culture, as well as allows the mentor to:
- Share the enthusiasm for the work they do, and the desire to keep learning
- Make sure students and younger professionals know that BV is a career path if Accounting, Auditing, or Tax is not their jam
- Make sure emerging professionals understand the why of the engagement
Co-hosts
David Consigli, CPA/ABV, CDFA, FAZ Forensics
Greg Saunders, CPA/ABV, ASA, Keiter CPA
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Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]
RESOURCES FOR FURTHER EXPLORATION
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.
A career in business valuation An FVS micro-community (6 sessions: July 24 – October 16)
Application period: May 16 – June 16, 2024. Please complete a short survey to be considered for this program
This interactive program is designed for professionals who have zero to 5 years of BV experience or plan to switch careers into valuation services. Experienced facilitators from the AICPA’s BV Committee will provide guidance on the essential aspects of developing a career as a valuation professional. This is a valuable opportunity for professionals who want to connect with their peers and get support in advancing their careers. Participation is limited and complementary.
Help my FLS Career micro-community – please contact Christine Cutti-Fox, Sr. Manager, FVS team
AVAILABLE ON AICPA-CIMA.com
- Top 8 ways to build leaders in your firm (illustrated checklist)
- AICPA® PCPS Mentoring guide
- Coaching vs. Mentoring
- How to develop and launch a mentoring program
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
This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [email protected]