The FVS Valuation Podcast

The FVS Valuation podcast is a monthly show brought to you by AICPA & CIMA, together as the Association of International Certified Professional Accountants. We celebrated our 100th episode in October 2024 and our archives include captivating conversations with subject-matter experts, and progressive ideas from thought leaders. The show notes for each episode will contain additional resources to assist you in learning about valuation topics! The FVS Valuation Podcast is a part of the extensive resource library available from AICPA-CIMA’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.

Macroeconomic Update 2025 - Cost of Capital and Valuation Impact 11/20/2025

Macroeconomic Update 2025 - Cost of Capital and Valuation Impact 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 premiums, and emphasizes the importance of staying informed and adapting valuation approaches to rapidly changing conditions. ________________________________________ Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guests: Host: 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. JOIN: to collaborate with fellow AICPA® members, exchange ideas, and shape the future of the profession together. IT'S VIRTUAL! STILL TIME TO REGISTER - Dec 1-5, Live online PURCHASE SESSIONS: 2025 AICPA FVS Conference - you can nd the handouts EARLY CAREER GUIDANCE: Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives (2/27/2025) (11/21/24) (12/7/2023) (4/27/2023) Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/39109560

Current Trends in Private Credit Markets 11/06/2025

Current Trends in Private Credit Markets 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 and constituents • Applications and limitations of formal valuation and accounting guidance • Characteristics and valuation implications of payment-in-kind (PIK) features • Looking beyond carrying values to assess debt instruments Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guest: Susan DuRoss, Managing Director, Global Head of Valuation, Harvest Investments Host: Howard Mah-Lee, CFA, CAIA, ABV, Senior Manager, AICPA Valuation Services 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. UPCOMING: - Dec 1-5, Live online JUST MISSED: AICPA FVS Conference, Oct 27-29, 2025 - you can purchase sessions and the handouts. Accounting and Valuation guides from AICPA If you are an AICPA-FVS Section member see below for free access to these guides • • Exclusive content available with AICPA FVS Section membership: to join this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives • • LEARN MORE ABOUT THE FOLLOWING AICPA CREDENTIALS: Accredited in Business Valuation (ABV®) – Visit the and check out the Certified in the Valuation of Financial Instruments (CVFI®) – Visit the and check out the Certified in Financial Forensics (CFF®) - Visit the and check out the 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 podcast@aicpa-cima.com /episode/index/show/fvssection/id/38741340

ESOPs: Preserving Culture, Valuation and Empowering Employees 10/23/2025

ESOPs: Preserving Culture, Valuation and Empowering Employees 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: ESOPs provide a way for business owners to transition ownership to employees, maintaining company culture and values while offering liquidity and a gradual exit strategy. Business Valuation for ESOPs: The success of an ESOP partly depends on accurate, third-party business valuation, which determines fair market value for the transaction and ensures sustainability for both sellers and employee owners. Transparency and Engagement Drive Success: Companies that openly communicate ESOP benefits and valuation processes to employees foster a sense of ownership, improve retention, and create a more engaged workplace culture. Guests: David Harkins, CPA/ABV/CFF, CFA, Mercer Capital Serena Morones, CPA/ABV, Morones Analytics Kyle Wolf, CPA/ABV, Stern Brothers Business Valuation Advisors Host: Alex Partin, CPA/ABV, Mueller & Partin, PS 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. , Oct 27-29, Aurora, CO, attend virtually for 1,2,or 3 days - Dec 1-5, Live online NEW RESOURCE - early-career guidance, built for you What to know when you client is considering employee ownership Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/38742725

Insights for Navigating Common Issues in Business Valuation - 2025 update 10/02/2025

Insights for Navigating Common Issues in Business Valuation - 2025 update 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 scenarios. Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guests: Tiffany Mellow, CPA/ABV, Perkins & Co David Harkins, CPA/ABV, Mercer Capital Jessica Landay ABV, Harper Hofer Host: Greg Saunders, CPA/ABV, Keiter 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. , Oct 28-30, Aurora, CO, in person and online , Oct 28-30, Aurora, CO,in person only l - Sep 8-12, Raleigh NC, in person only - Dec 1-5, Live online NEW RESOURCE - early-career guidance, built for you Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/38356475

Defining the Limits: Navigating Tax Risk with Formula Transfer Clauses 09/04/2025

Defining the Limits: Navigating Tax Risk with Formula Transfer Clauses Josh Shilts interviews estate and tax attorney, Bo Trudeau, about formula transfer clauses for estate and gift tax planning. They discuss how these clauses can help reduce tax risk for transfers of hard-to-value assets, review key cases such as Wandry and Procter, and clarify the differences between the various types of formula transfer clauses. The episode highlights the importance of establishing intent, consistent documentation, and timely valuations, and also provides specific strategies to bolster formula transfers against challenges from the IRS. Key takeaways include: Evolution of the case law relating to formula transfers Distinctions between defined value, price adjustment, and other clauses Essential strategies and documentation for formula transfers Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guest: Robert H. "Bo" Trudeau, JD, LLM, Purcell, Flanagan, Hay & Greene, P.A. Host: Josh Shilts, CPA/ABV/CFF/CGMA, Forensic & Valuation Services Director, Dean Dorton 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. , Oct 28-30, Aurora, CO, in person and online , Oct 28-30, Aurora, CO,in person only l - Sep 8-12, Raleigh NC, in person only - Dec 1-5, Live online This toolkit is designed to provide non-authoritative guidance on the development of valuation or calculation engagements in accordance with VS Section 100. FVS Section Benefit - Stay up to date on the latest FVS estate and gift guidance. This toolkit will serve as an invaluable resource to keep you up to date on the latest guidance. The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/37890170

Valuing Startups in a Shifting Economy 08/07/2025

Valuing Startups in a Shifting Economy In today’s uncertain market with high capital costs and changing investor demands, startup valuation requires both expertise and adaptability. Valuation specialists Ross McSwain and Charles Gallman discuss how economic challenges are shaping current models and highlight the growing importance of founder vision and qualitative factors. They outline cost, market, and income approaches for different growth stages, referencing AICPA guides and practical experience, and stress the need to align methods with milestones and capital structure. Key takeaways Valuation shifts as startups grow Qualitative factors matter VC return goals set discount rates Cost approach applies beyond early stages Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guests: Charles Gallman, CPA/ABV, Managing Director, Advisory Services, Grant Thornton Ross McSwain, ABV, Managing Director, Advisory Services, Grant Thornton Host: Nene Glenn Gianfala, CPA/ABV, Senior Vice President – Valuation Advisory Group, Chaffe & Associates 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. , Oct 28-30, Aurora, CO, in person and online , Oct 28-30, Aurora, CO,in person only l - Sep 8-12, Raleigh NC, in person only - Dec 1-5, Live online Accounting and Valuation guides from AICPA If you are an AICPA-FVS Section member see below for free access to these guides Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/37718655

Valuation in a Climate of Uncertainty 07/24/2025

Valuation in a Climate of Uncertainty FVS Valuation subject matter experts Josh Shilts and Dave Consigli address current challenges encountered by professionals conducting valuations, emphasizing that these competencies remain fundamental — mirroring those required during the Covid period. Their discussion highlights several important insights: Embracing Economic Volatility: Ongoing economic uncertainty has become a constant factor, making adaptability essential for valuation professionals. Assessing Client Risk Management: It is critical to evaluate how clients are managing financial, operational, and strategic risks. The Importance of Industry Knowledge: In-depth understanding of industry dynamics remains vital. Composition and management of a company's workforce – especially in the context of generational shifts and the integration of AI. Guest: Josh Shilts, CPA/ABV/CFF/CGMA, Forensic & Valuation Services Director, Dean Dorton Host: David Consigli, Jr. CPA/ABV, CDFA, Partner, FAZ Forensics 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. , Oct 28-30, Aurora, CO, in person and online , Oct 28-30, Aurora, CO,in person only l - Sep 8-12, Raleigh NC, in person only - Dec 1-5, Live online Check out these free resources Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/37506330

AI in Alternative Investments and Financial Instrument Valuation: Practitioner Perspectives 07/10/2025

AI in Alternative Investments and Financial Instrument Valuation: Practitioner Perspectives AI is becoming increasingly important in managing, analyzing, and optimizing investments and influencing how we navigate the interdependencies of capital and data flows, reporting, and legal and regulatory requirements in the private markets. This discussion between experts Andreas Dal Santo of BlueVal, Chandu Chilakapati of Aprio, and Prof. Michael Weinberg of Columbia Business School – practicing experts in finance, investment, and valuation - highlights many of the benefits, challenges, and future potential of AI in the world of alternative investments and financial instrument valuation. AI encompasses numerous subcategories, each with different applications, risks, and opportunities No clear uses for AI in alternative investments and valuation without continued human oversight AI might result in some industry jobs being lost, but there will likely also be new types of jobs created Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guests: Chandu Chilakapati, Aprio Andreas Dal Santo, ABV, CFA, BlueVal Michael Weinberg, Adjunct Professor, Columbia Business School Host: Howard Mah-Lee, Senior Manager, AICPA Valuation Services 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. , Oct 28-30, Aurora, CO, in person and online , Oct 28-30, Aurora, CO,in person only l - Sep 8-12, Raleigh NC, in person only - Dec 1-5, Live online Accounting and Valuation guides from AICPA If you are an AICPA-FVS Section member see below for free access to these guides Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/37364285

Making a Case for Using the Market Approach for Determining Fair Market Value 06/26/2025

Making a Case for Using the Market Approach for Determining Fair Market Value Dave and Lisa explore the intricacies of the market approach highlighting the importance of using reliable market data and multiple valuation approaches to achieve accurate results. They discuss how risk factors and company size influence valuation multiples and provide practical tips for applying these concepts in real-world scenarios. Key takeaways include: Combining income, market, and asset approaches helps mitigate the risk of skewed valuation results Understanding and adjusting for risk factors, such as customer and supplier risks, is crucial in determining accurate valuation multiples. Market multiples should be adjusted for forward-looking earnings and industry-specific risks to ensure they reflect the true value of a business. Guest: Lisa Cribben, CPA/ABV, Partner, Hawkins Ash CPAs Host: David Consigli, Jr. CPA/ABV, CDFA, Partner, FAZ Forensics 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. , Oct 28-30, Aurora, CO, in person and online , Oct 28-30, Aurora, CO, in person only l - Sep 8-12, Raleigh NC, in person only - Dec 1-5, Live online NEW RESOURCE - early-career guidance, built for you Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/36962795

From Analysis to Testimony: Key Skills for a Career in Forensic and Valuation Services 06/12/2025

From Analysis to Testimony: Key Skills for a Career in Forensic and Valuation Services This is a refreshed version of an episode from July 2021. Some voice distortion may be present. Please scroll down to find links to essential resources that have been developed since the original publish date. In this episode, we explore the many paths available to accounting and finance majors who aspire to work in forensics and valuation services particularly as an expert witness. Dean Driskell tells his journey as a forensic accounting and valuation professional. He and host, Josh Shilts, share pivotal moments that have defined their careers and the skills they consider essential for success. Key Topics Discussed: Insights into the diverse career opportunities within the profession Practical advice on how to navigate the intersection of finance and accounting through the different stages of one’s career Understanding your audience and how it can impact your effectiveness as a professional Strategies for developing and honing skills that are essential for success and how to find opportunities to improve these skills Check out our newest resource - early-career guidance, built for you (accessible to everyone) Guest: F. Dean Driskell III, CPA/ABV/CFF, Executive VP, JS Held LLC Host: Josh Shilts, CPA/ABV/CFF/CGMA, Dean Dornton 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. , Oct 28-30, Aurora, CO, in person and online , Oct 28-30, Aurora, CO,in person only l - Sep 8-12, Raleigh NC, in person only - Dec 1-5, Live online NEW RESOURCE - early-career guidance, built for you The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/36962545

Early-Stage Valuation, A Conversation with author Antonella Puca 05/22/2025

Early-Stage Valuation, A Conversation with author Antonella Puca In the evolving world of alternative investments, AICPA's "PE/VC" guide often is only a starting point in the valuation of complex financial instruments. Valuation specialists in this field combine their experience with formal guidance and financial theory. Ms. Antonella Puca, Managing Partner at BlueVal, wrote a book on “Early Stage Valuation, A Fair Value Perspective” that summarizes her studies and experience in this field. We will discuss her journey and hear how she addresses: Presenting technical complexity in a clear and concise form Influence of the fair value perspective on the scope and perspective of the book Ongoing relevance of fair valuation concepts in an evolving industry and economy Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guest: Antonella Puca, Partner, BlueVal Host: Howard Mah-Lee, Senior Manager, AICPA Valuation Services 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/36674985

Complexities Of Subsequent Events in Business Valuation 05/08/2025

Complexities Of Subsequent Events in Business Valuation Catherine and Nathan, both seasoned CPAs and ABVs, discuss the complexities of subsequent events in business valuation. They explain the definition, implications, and relevance of these events in contexts like estate and gift tax transactions. Their conversation covers how these events can affect or indicate value, the standards and court rulings involved, and the challenges of determining what is known or knowable at the valuation date. Key Takeaways: Definition of subsequent events are particularly relevant in litigation, estate, and gift tax transactions Known or knowable at the valuation date, but courts may sometimes consider subsequent events differently Importance of providing additional information to courts without muddying the valuation process Guests: Catherine Stoddard, CPA/ABV, Stoddard Consulting PA Nathan Duke, CPA/ABV, Senior Manager, Forvis Mazars US Host: David Consigli, Jr. CPA/ABV, CDFA, Partner, FAZ Forensics 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/36458840

Dissenting Shareholder Disputes 04/24/2025

Dissenting Shareholder Disputes Dissenting shareholder disputes occur when minority shareholders believe their shares are undervalued in a company transaction, leading to legal dissent. There is a difference between dissenting and oppressed shareholder matters which our expert, Hubert Klein, will explain as well as the legal and valuation standards that are used. Klein highlights the importance of transparency and professional skepticism and thorough understanding of both sides' perspectives, such as: Common triggers for dissenting shareholder actions Preventing dissenting shareholder issues Reconciling valuation differences Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guest: Hubert Klein, CPA/ABV/CFF, Partner and Practice Leader, Eisner Advisory Group LLC Host: Alex Partin, CPA/ABV, Mueller & Partin 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit our to access the show notes with direct links. check out early bird and special discounts for AICPA and FVS Section members, and ABV, CFF and CVFI credential holders Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content (refer to page 7) The FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/36244080

Enhancing Professional Growth through AICPA FVS Section Resources and Participation 04/10/2025

Enhancing Professional Growth through AICPA FVS Section Resources and Participation The discussion underscores the importance of participating in professional communities like the AICPA FVS Section for continuous learning and support. Bethany and Tade highlight how the FVS community has significantly contributed to their professional growth by providing key resources to assist with client engagements and a supportive community of professionals. Using FVS Section resources in client work Networking benefits – connecting with supportive SMEs Community involvement aiding professional development Continue reading to learn about key resources available at AICPA-CIMA.com Guests: Bethany Hearn, CPA/ABV, Partner, MH CPA PLLC and Tade Akinkugbe, ABV, ASA, Senior Manager, KPMG Host: Josh Shilts, CPA/ABV/CFF/CGMA, Director, Dean Dorton 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 RESOURCES MENTIONED IN THE EPISODE - the following are all available as part of an AICPA FVS Section membership. to learn more about joining this community. In addition to exlusive resources such as the following, you also get 16 credits of complimentary CPE If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. (the PE/VC guide) (the "Cheap Stock" guide) If you are not yet an FVS Section member, here are links to purchase 2 of our most popular guides From the FVS Valuation Podcast archives - available to all Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/36067305

Financial Instrument Valuation Series: SAFEs, Convertible Notes, and Embedded Derivatives 03/27/2025

Financial Instrument Valuation Series: SAFEs, Convertible Notes, and Embedded Derivatives Simple Agreement for Future Equity (SAFEs), convertible notes, and embedded derivatives are among financial instruments which feature optionality, which can obscure confidence in the expected value of the associated future economic benefits. Published guidance is limited, and adding to the complexity, some alternative investment transactions have optionality features lurking within, dormant, and not readily apparent. This presents a wrinkle for practitioners who try to value assets which could morph into something else tomorrow. Listen to how specialists in this area approach these issues, and read below for key AICPA resources to improve your own valuation analyses. Key Takeaways Applications and limitations of formal valuation guidance How optionality characteristics influence financial instrument design Best practices for valuing instruments with optionality features Approaches for early stage assets lacking underlying valuations Guests: Oksana Westerbeke, Partner, and Jared Hannon, Director, Grant Thornton Host: Howard Mah-Lee, Senior Manager, AICPA Valuation Services 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. 2024 AICPA & CIMA Forensic & Valuation Services Conference - for purchasesession: Accounting and Valuation guides from AICPA If you are an AICPA-FVS Section member see below for free access to these guides Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content From the FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/35889310

Women Leaders in Business Valuation 03/13/2025

Women Leaders in Business Valuation To celebrate Women's History Month, we are excited to share a special episode for our FVS Valuation podcast which explores the diverse backgrounds of several business valuation leaders, their paths into a career in business valuation, and their journeys to becoming experts in the field. The conversation highlights the many routes that can lead to success in business valuation, including The significance of obtaining the Accredited in Business Valuation (ABV) credential and how it has impacted their careers Their strategies for achieving a healthy work-life balance while excelling in their professional roles The role of mentorship and support systems in their career development and success Please be sure to register for our upcoming Fireside Chat on Tuesday, 3/25, where we will have an extended conversation with our esteemed guests and gain further inspiration and insights from their experiences. Guests: Bethany Hearn, CPA/ABV, Partner, MH CPA PLLC Kathy Johnson, CPA/ABV/CFF/CGMA, Vice-President, J.S. Held LLC Tiffany Mellow, CPA/ABV, Practice Leader and Shareholder, Perkins & Co Host: Nene Glenn Gianfala, CPA/ABV, Senior VP and Shareholder, Chaffe & Associates, Inc. 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the From the FVS Valuation Podcast archives 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 /episode/index/show/fvssection/id/35660865

Transparency in Private Market Valuations 02/27/2025

Transparency in Private Market Valuations In early 2025, the new US administration has been implementing changes which could affect regulatory oversight in private markets and alternative investments. Transparency in asset valuation is vital, especially where regulation is limited. Inadequate valuations or outdated financial reports can negatively impact investor decisions, leading to market inefficiencies and reduced confidence. Our presenter, an expert in private market valuation, provides insights and recommendations on managing these issues. Key takeaways: Industrywide benefits of enhanced transparency How to verify accuracy and reliability of private market valuation data across asset managers Analysis of pitfalls of opaque or inconsistent valuation methodology applications Managing and mitigating conflicts of interest in the private market valuation process Guest: Cristina Chen-Oster, founder and CEO, M2M Capital Host: Howard Mah-Lee, Senior Manager, AICPA Valuation Services Section Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. More from Cristina Chen-Oster Conference session: Accounting and Valuation guides from AICPA If you are an AICPA-FVS Section member see below for free access to these guides Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content From the FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/35465760

Reconciling Discount Rates for Intangible Asset Valuation in PPAs 02/13/2025

Reconciling Discount Rates for Intangible Asset Valuation in PPAs Maryellen and Ross delve into the subjectivity and controversy surrounding discount rates, the importance of understanding the asset and forecast inputs, and the application of market participant assumptions. Including these key takeaways: Subjectivity in Discount Rates: Understanding the significant subjectivity and controversy in determining discount rates. Qualitative Assessments: The role of qualitative assessments in aligning discount rates with associated risks. Resources and Guides: Utilizing available resources to enhance valuation analyses. Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses. Guests Maryellen Galuchie, CPA/ABV, Managing Director, Advisory Services, Grant Thornton Ross McSwain, ABV, Sr. Manager, Advisory Services, Grant Thornton Host Nene Glenn Gianfala, CPA/ABV, Vice President – Valuation Advisory Group, Chafe & Associates 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. Available for purchase 2024 AICPA & CIMA Forensic & Valuation Services Conference - Session only: Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content - A resource for professionals who prepare valuations for financial reporting purposes From the FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/35239865

Valuation Considerations in Equity Compensation 01/23/2025

Valuation Considerations in Equity Compensation Derivatives such as options have been used to reward employees for many years, and executive pay packages often include features of complex derivative securities such as options and restricted stock with vesting schedules based on various contingencies. Join us for a deeper look of what’s “under the hood” in the relevant valuation techniques such as lattice models and Monte Carlo simulation, and how these relate to regulations such as ASC 718 and the new Pay versus Performance (“PvP”) requirements for proxy statements. • Relevance of Internal Revenue Code Section 409a and ASC 718 valuation considerations • Case studies in uses and misuses of equity compensation • “Pay vs Performance”, clawback provisions, and other regulatory considerations Continue reading for key resources available at AICPA-CIMA.com to improve your valuation analyses. Guests: Josh Schaeffer, PhD and Managing Director, Equity Methods, LLP Mona Paushenwein, Consultant, Equity Methods, LLP Host: Howard Mah-Lee, Senior Manager, AICPA Valuation Services Section 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. (live session from 2021 AICPA & CIMA Forensic & Valuation Services Conference with Antonella Puca, BlueVal Global, and Oksana Westerbeke, Grant Thornton) Accounting and Valuation guides from AICPA If you are an AICPA-FVS Section member see below for free access to these guides (AKA "Cheap Stock Guide") (AKA "PE/VC Guide") Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content From the FVS Valuation Podcast archives - Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Accredited in Business Valuation (ABV®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/34971630

M&A vs Equity Analysis (revisit) 01/09/2025

M&A vs Equity Analysis (revisit) This is a refreshed version of an episode from October 2022. Professor Matthew Shaffer shares his journey into the field of accounting and his interest in corporate governance, valuation, and the market for corporate control. His article, "Why Value the Enterprise and Route to the Equity," explores the rationale behind using enterprise value evaluations in M&A settings instead of directly valuing equity. Josh and Matt discuss: Accounting as a fundamental framework for understanding business activities and market movements. Impact of Non-Recurring Items on Valuation Methods: Future of valuation research and its integration into academic curricula Guest: Matthew Shaffer, Ph.D., Asst. Professor, USC Marshall School of Business Host: Josh Shilts, CPA/ABV/CFF/CGMA, Shilts CPA 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. Accounting and Valuation guides from AICPA If you are an AICPA-FVS Section member see below for free access to these guides Exclusive content available with AICPA FVS Section membership: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content From the FVS Valuation Podcast archives Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/33997067

Estate Planning – Anticipating the Change in 2025 12/19/2024

Estate Planning – Anticipating the Change in 2025 Plan early! The Tax Cut and Jobs Act (TCJA) significantly increased the estate tax exemption and there is uncertainty around whether it will be extended or modified. It's recommended to plan early and not wait until the last minute to ensure all necessary legal and valuation work can be completed in time. Greg Saunders and Lisa Cribben explore the complexities of estate planning and valuation, emphasizing the importance of early and continuous planning. They discuss various strategies to manage and reduce estate taxes, the critical role of valuation appraisers, and the potential impact of upcoming changes in tax laws. Guest: Lisa Cribben, CPA/ABV, Partner, Hawkins Ash CPA Host: Gregory Saunders, CPA/ABV, Sr. Manager, Keiter CPAs 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. 2024 AICPA & CIMA Forensic & Valuation Services Conference - for purchasesession: also available Exclusive content – Free for FVS Section members: this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content From the archives: FVS Valuation Podcast episodes Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/34494035

Valuation Case Law Update 12/05/2024

Valuation Case Law Update In this interview, Dave and Natalya discuss several significant court cases related to gift and estate tax valuations, ESOPs, and control issues in business valuations. Throughout the discussion, they emphasize the need for careful planning and the potential implications of court decisions on future valuation practices: Controversial Connolly Case which included life insurance proceeds in the value of a company for estate tax purposes Importance of Proper Valuation Methods: The discussion emphasized the need for accurate and appropriate valuation methods, particularly in ESOP cases Valuation professionals must stay informed about legal precedents and be prepared to adapt their methods accordingly Guest: Natalya Abdrasilova, Director of Valuation and Litigation Services, BDM PC Host: David Consigli Jr. , Partner, FAZ Forensics 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. 2024 AICPA & CIMA Forensic & Valuation Services Conference - for purchase Exclusive content – Free for FVS Section members: If you’re not 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 From the archives: FVS Valuation Podcast episodes V Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/33997107

Macroeconomic Update 2024 - Cost of Capital & Valuation Impact 11/21/2024

Macroeconomic Update 2024 - Cost of Capital & Valuation Impact This interview was recorded on 10/28/24 at the AICPA-CIMA Forensic and Valuation Services Conference prior to the presidential election on 11/5. Economic issues discussed are still relevant as of the publish date11/21/24 Don’t miss this deep dive into the cost of capital and its implications for businesses and investors Nunes and Harrington, both from Kroll, share a macroeconomic update with the FVS podcast, focusing on the cost of capital and its valuation impact. The U.S. economy is performing better than expected, avoiding a recession and potentially achieving a soft landing, with inflation under control. The interview touches on the: Current and future interest rate environment Potential impacts of AI on the economy Sustainability of government debt Future of energy costs, particularly the role of nuclear energy Guests: Carla S. Nunes, CFA, ABV, Managing Director, Kroll James P. Harrington, Director, Kroll Host: Nene Glenn Gianfala, CPA, ABV, Chaffe & Associates 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. Exclusive content – Free for FVS Section members: If you’re not 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 From FVS Valuation Podcast archives - Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/33996722

Discounted Cash Flows with Roger Grabowski (revisit) 11/07/2024

Using AI in Your Valuation Practice – Part 2 10/17/2024

Using AI in Your Valuation Practice – Part 2 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 staff up the learning curve. Practical examples of how to use AI to assist with marketing and industry knowledge Guest: Rod Burkert, CPA/ABV, Burkert Valuation Advisors Host: Josh Shilts, CPA/ABV/CFF/CGMA, Shilts CPA 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. Rod's prompt - mentioned in the episode (scroll to the bottom of the show notes) Oct. 28-30 in Dallas, The 2024 AICPA-CIMA Forensic and Valuation Services Conference To register Attend in person or virtually FVS Section members have access to exclusive content and 16 credits of complimentary CPE If you’re not a member, consider joining this active community of your FVS peers. 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 podcast@aicpa-cima.com Rod's prompt CONTEXT = I am a Certified Public Accountant and also hold these business valuation credential(s): [LIST CREDENTIALS]. My entire professional practice has been devoted to providing business valuations for my [ADD TYPES OF CLIENTS]. I also [ADD OTHER PROFESSIONAL ACTIVITIES (e.g., write and speak extensively about business valuations)]. SERVICE = A business valuation is a specific set of approaches, methods, and procedures used to estimate the economic value of a business or an owner's interest in a business. During the valuation process, all areas of a business are analyzed to determine its worth. A business valuation can be used for a variety of purposes, including income tax, gift, and estate taxes; financial reporting; employee stock ownership plans; shareholder buy-ins and buy-outs; and divorce. Business owners or their professional advisors turn to valuation professionals for an independent estimate of value of a business. The performance of business valuations is governed by professional standards set by membership organizations that issue valuation credentials. Valuation professionals also look to government regulations (e.g., Internal Revenue Service Revenue Ruling 59-60), case law, and valuation related publications for guidance. CLIENTS = My clients are [NAME THE TYPES OF CLIENTS YOU SERVE]. All of my clients’ businesses are [NAME THE TYPES OF BUSINESSES] (e.g., privately held companies and generally have revenues of $5 million to $50 million). I specialize in business valuations of [NAME TYPE OF VALATIONS YOU DO] (e.g., manufacturers and distributors, shareholder disputes). Once the prompts have been added to the AI platform you can then ask the AI the following before giving it the task: You don’t have to repeat it back, but do you understand all that I have written so far? Before I give you my task, do you have any questions about who I am or what I do? TASK = [ ] /episode/index/show/fvssection/id/33505447

Eye on Fraud - Fraud in the Music Industry 10/03/2024

Eye on Fraud - Fraud in the Music Industry 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 President, JS Held Sean Sauder, Senior Consultant, JS Held Host: Elizabeth Woodward, CPA/CFF, Forensic Accounting Director, Dean Dorton 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. 2024 AICPA-CIMA Forensic and Valuation Services Conference, October 28-30, Dallas, TX To register Attend in person or virtually AICPA members qualify for a $450 discount FVS Section members, ABV, CFF, and CVFI credential holders qualify for a $550 discount Group discounts are available for as few as 2 people Exclusive content – Free for FVS Section members: If you’re not 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 Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/33265672

Supporting Company Specific Risk and Reconciliation under ASC 805 09/19/2024

Supporting Company Specific Risk and Reconciliation under ASC 805 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: Nene Glenn Gianfala, CPA/ABV, Vice President – Valuation Advisory Group, Chafe & Associates 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. 2024 AICPA-CIMA Forensic and Valuation Services Conference, October 28-30, Dallas, TX To register Attend in person or virtually AICPA members qualify for a $450 discount FVS Section members, ABV, CFF, and CVFI credential holders qualify for a $550 discount Group discounts are available for as few as 2 people Exclusive content included in FVS Section membership: If you’re not 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 - A resource for professionals who prepare valuations for financial reporting purposes This toolkit provides a place to quickly locate many of the important resources that may be useful when preparing valuations for financial reporting purposes. It is an essential guide that will allow you to increase the efficiency of your financial reporting and valuation practice including links to: AICPA publications, articles, podcasts, and more. Standards issued by different standard-setting bodies that relate to business valuation 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 podcast@aicpa-cima.com /episode/index/show/fvssection/id/33095997

Elevate Your Expertise - A Visit with the 2024 Forensic and Valuation Services Conference Co-Chairs 09/03/2024

Elevate Your Expertise - A Visit with the 2024 Forensic and Valuation Services Conference Co-Chairs 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 sessions on various topics, offering bonus CPE and quick insights Beginner sessions on hot fraud topics, shareholder disputes, and more Guests: Brian Burns, CPA/ABV/CFF, Partner Forvis Mazars LLP Jolene Fraser, CPA/CFF, Managing Director, Eisner Advisory Group LLC Host: Frank Previti, CPA/CFF, Partner, DiSanto Priest & Co. 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. Links to register for training Oct 27-30 in Dallas: 2024 AICPA-CIMA Forensic and Valuation Services Conference, October 28-30, Dallas, TX. Early bird discounts are available through Sept 13. Attend in person or virtually AICPA members qualify for a $450 discount FVS Section members, ABV, CFF, and CVFI credential holders qualify for a $550 discount Group discounts are available for as few as 2 people The AICPA-CIMA Expert Witness Skills Workshop, Oct 28-30, Dallas TX. Registration is in-person only and limited to 19 seats! to pace your pre-workshop preparation. Participate in either the Economic Damages or Business Valuation Workgroup Pre-conference workshops - in-person only Sunday, October 27 – 8:00 am – 12:00 pm CT 3.5 CPE Credits https://www.aicpa-cima.com/cpe-learning/conference/laws-regulations-guidance Sunday, October 27 – 1:00 – 5:00 pm CT 3.5 CPE Credits Sunday, October 27 – 9:00 – 4:30 pm CT 7 CPE Credits 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, Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/32881487

Using AI in Your Valuation Practice – Part 1 08/15/2024

Using AI in Your Valuation Practice – Part 1 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 profession and the high salaries offered by large firms make it difficult for smaller firms to hire junior analysts. Imagine growing your business without being able to hire additional staff - could AI be a solution to this constraint? Key takeaways: The importance of familiarizing oneself with AI and its potential applications in business valuation How AI can be used to do a lot of tasks that you would hire a junior analyst to do. Make time to learn the tool. See the show notes for a list of great resources Practical examples of how to use AI to assist with writing and due diligence prep Guest: Rod Burkert, CPA/ABV, Burkert Valuation Advisors Host: Josh Shilts, CPA/ABV/CFF/CGMA, Shilts CPA 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. Rod will be a presenter at the 2024 AICPA-CIMA Forensic and Valuation Services Conference, October 28-30 in Dallas, TX. Early bird discounts are available through Sept 13. FVS Section, ABV, CFF, and CVFI save an additional $550. Exclusive content included in FVS Section membership: If you’re not 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 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 podcast@aicpa-cima.com /episode/index/show/fvssection/id/32577967

Eye on Fraud - The Role of Artificial Intelligence in Forensic Accounting and Litigation Consulting 08/01/2024

Eye on Fraud - The Role of Artificial Intelligence in Forensic Accounting and Litigation Consulting 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, CPA/CFF, Partner and Director of Fraud, Forensic & Transaction Advisory Services, DiSanto Priest & Co. 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 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit to access the show notes with direct links. Full article FVS Section benefits 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. 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 Accredited in Business Valuation (ABV®) – and check out the Certified in the Valuation of Financial Instruments (CVFI®) – and check out the Certified in Financial Forensics (CFF®) - and check out the 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 /episode/index/show/fvssection/id/32167172

The FVS Valuation Podcast

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