The FVS Valuation Podcast

Thanks for joining us on The FVS Podcast, brought to you by AICPA & CIMA, together as the Association of International Certified Professional Accountants. Twice monthly on the 2nd and 4th Thursday, listen in as we share captivating conversations with We deliver new episodes twice monthly, and you can listen from the Libsyn platform or your favorite podcast app such as Apple or Spotify. 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.

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 (rebroadcast with Roger Grabowski) 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. 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 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 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/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 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/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 Bankruptcy Briefings – Navigating Financial Rebirth, Part 3 07/18/2024

Tracing Money Laundering Funds Through FIAT and Crypto 07/04/2024

Valuing Complex Financial Instruments 06/20/2024

Valuing Complex Financial Instruments 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 of market volatility, liquidity constraints, and broad macro-economic conditions on value Industry guidance resources available to valuation practitioners, auditors, and financial professionals Guest: Faisal Lakhani, CFA, ABV, Managing Director, CBIZ Valuation Group Host: Howard Mah-Lee, CFA, CAIA, ABV, 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. Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies - Accounting and Valuation Guide the“PE/VC” guide FVS Section members non-FVS Section Valuation of Privately Held Companies Equity Securities Issued as Compensation the“cheap stock” guide FVS Section members non-FVS Section 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, including BRGonline, Daubert Tracker, and Merger Shark. 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/31789682

Increasing Engagement with FVS Emerging Professionals 06/06/2024

Increasing Engagement with FVS Emerging Professionals Dave 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 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. A career in business valuation An FVS micro-community (6 sessions: July 24 – October 16) Application period: May 16 – June 16, 2024. 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 , Sr. Manager, FVS team AVAILABLE ON AICPA-CIMA.com (illustrated checklist) 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/31591322

The Bankruptcy Briefings – Navigating Financial Rebirth, Part 2 06/06/2024

Leveraging the New Fraud Risk Management Guide in your Practice 05/16/2024

Leveraging the New Fraud Risk Management Guide in your Practice The Fraud Risk Management Guide provides a comprehensive framework for assessing and managing fraud risks in any organization. Elizabeth, Jonathan, and Lynda discuss the guide and its benefits for AICPA members. The guide is a joint product of the Committee of Sponsoring Organizations (COSO) and the Association of Certified Fraud Examiners (ACFE) with contributions from various organizations and experts, including the AICPA. The guide can help practitioners audit their fraud risk management programs, train and educate board members and other stakeholders, benchmark their performance against best practices, and remediate any identified issues. Guests: Lynda Schwartz, CPA/CFF/CGMA CFE, University of Massachusetts Amherst, Director of Forensic Curriculum Jonathan T. Marks, CPA, CFF, CITP, CGMA, CFE, & PI, Partner, BDO - Forensic & Investigation Services Host: Elizabeth Woodward, CPA/CFF, CFE, 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. (FVS Section members see below) 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/31339212

Keeping Reasonable Comp Reasonable 05/16/2024

Keeping Reasonable Comp Reasonable Jessica and Jordan join us as we delve into the topic of reasonable compensation adjustments in business valuation. Our experts discuss various methods for calculating reasonable compensation, identify available sources of information, and share their insights on applying professional judgment in determining when an adjustment is warranted. Don't miss this opportunity to learn how to recognize, apply, and distinguish between sources for reasonable compensation. Guests: Jessica Landay, ABV, ASA, CVA, MAFF, Harper Hofer & Associates, LLC Partner Jordan Graves, CPA/ABV, CFF Cooper Norman CPA's Principal Host: Greg Saunders, CPA/ABV, ASA, Keiter 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. FVS Section members can access the FVS Online Library that is part of their 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/31339177

The Bankruptcy Briefings – Navigating Financial Rebirth, Part 1 05/02/2024

Real Estate in the Valuation of Operating Entities and Holding Companies 04/18/2024

Eye on Fraud - Too Good to be True: Ponzi Schemes 04/18/2024

Insights for Navigating Common Issues in Business Valuation 04/04/2024

Insights for Navigating Common Issues in Business Valuation While each business valuation assignment may be unique, there are often common themes and issues that typically arise. Understanding how different practitioners may navigate those issues can provide helpful guidance and reassurance when undertaking an engagement. Since Ethan Lee and Monica Caswell focus their efforts on different valuation niches, they were able to provide their specialized insight regarding the following topics: Undertaking limited-scope engagements Managing client expectations Avoiding biases in your conclusions Common errors observed in opposing experts’ analyses Considerations when quantifying Company Specific Risk Premiums Guests: Ethan Lee, CPA, ABV, CFF, CM&AA, Partner, Valuation and M&A Advisory, Hemming Morse, LLP Monica Caswell, CPA, ABV, CFF, President, Forensic Accountants & Consultants, P.A. Host: Jenny Allen, CPA/ABV/CFF, Partner, Anthem 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 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/30682238

High Times for CPAs? – Forensic Accounting Services in the Budding Cannabis Industry EXTRA 03/21/2024

High Times for CPAs? – Forensic Accounting Services in the Budding Cannabis Industry EXTRA Clay and Howard got into the cannabis industry because it presented interesting opportunities to serve new clients in a growing industry. The learning curve has been steep given the regulations and cash-based nature of the business, and building trusted relationships is key to success. Forensic accountants can play an important role as the industry matures and consolidates. Especially to help sort out Profitability issues that lead to litigation Due diligence for mergers and acquisitions Investigating fraud risks Guests: Howard M. Silverstone, CPA/CFF, Executive Vice President, J.S. Held Clay Kniepmann, JD, CPA/ABV/CFF, Forensic, Valuation, and Litigation Principal, Anders CPAs and Advisors Host: Jennifer Oyadomari, CPA/ABV/CFF, President, Forensic Solutions Please share your thoughts about the episode - Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to This podcast episode is part of the 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. 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. FVS Section benefit: AICPA member discount available 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/30427318

Byteful Insights: Valuing Tech and Data- a conversation with the IVSC 03/21/2024

Byteful Insights: Valuing Tech and Data- a conversation with the IVSC This conversation with the author of the latest of 5 IVSC perspective papers on intangible assets, “Value and Data” takes a deep dive into understanding: What is considered technology and what drives the value of data How both play a critical role as intangible assets within the modern economy The influence of artificial intelligence on valuation practices Please share your thoughts about the episode - Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to This podcast episode is part of the 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, including BRGonline, Daubert Tracker, and Merger Shark. 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. International Valuation Standards Council (IVSC) Perspectives Papers 'Time to get Tangible about Intangible Assets”: 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/30427573

FVS Eye on Fraud – Accountants and the Battle Against Money Laundering 03/07/2024

FVS Eye on Fraud – Accountants and the Battle Against Money Laundering With an increased understanding of financial crimes and money laundering, accountants can assist law enforcement, banks, investors, and governments with information that can be useful to help Keep our capital markets functioning as intended Protect our national security by preventing or disrupting illicit finance. This episode is a discussion surrounding the Summer 2023, Issue 3 of the FVS Eye on Fraud series that educates readers on the genesis of FinCEN’s efforts to enforce anti-money laundering legislation and today’s emerging issues on the topic. Guests: Patrice Schiano, JD, CPA/CFF, Fraud Examination and Financial Forensics Program Coordinator, John Jay College of Criminal Justice Jeffrey Willoughby, CPA/ABV/CFF, Director, Forensic Resolutions Inc. 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. Exclusive 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/29988408

Valuations for Gift and Estate Taxes: Review and Best Practices 02/21/2024

Valuations for Gift and Estate Taxes: Review and Best Practices David, Natalya, and Brian discuss the current trends and challenges in business valuation and gift and estate tax including the importance of staying up to date on the current and potential changes in the gift and estate tax landscape. The AICPA offers resources and guidance to practitioners that work in the business valuation of estate and gift taxation such as the toolkit landing page, practice aids, and the case law listing – see links in the RESOURCE section below Guests: Brian Burns CPA/ABV/CFF, Partner and lead, FORVIS LLP Forensics and Valuation practice Natalya Abdrasilova, CPA/ABV, MAFF, CVA, Director of Valuation & Litigation Services, BDM, PC Host: David Consigli, CPA/ABV, CDFA, Partner and Lead, FAZ CPAs Business Valuation Practice Please share your thoughts about the episode - Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to This podcast episode is part of the 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, including BRGonline, Daubert Tracker, and Merger Shark. 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 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/29863263

Protecting Yourself While Conducting Internet Based Investigations 02/01/2024

Protecting Yourself While Conducting Internet Based Investigations Whether you perform investigations or not, you'll find real-world applicability in this interview with Ryan who will share with us the challenges of open source intelligence investigations (OSINT), including: Basics that investigators need to be aware of before conducting investigations How OSINT works with digital forensics What You might be giving away if you are not careful about how you conduct OSINT Guest: Ryan Duquette, partner, and national leader of digital forensics at MNP, Toronto Canada Host: Elizabeth Woodward, CPA/CFF, CFE, Dean Dorton Please share your 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. AICPA 2023 Forensic and Valuation Conference - Ryan Duquette's session, Free for FVS Section members Available on AICPA-CIMA.com 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/29757648

Valuation Court - Key Takeaways from Recent Cases 01/18/2024

Valuation Court - Key Takeaways from Recent Cases Natalya and Dave discuss several recent valuation cases that they presented at the 2023 AICPA FVS conference, including: Whether PPP funds should be included in a marital dissolution valuation A charitable stock donation where the appraisal was rejected because the investment banker doing it lacked proper credentials A divorce case where the court relied on a minority interest sale price rather than the husband's expert, and The Biltmore Estate case where the IRS lost arguing for an asset approach rather than an income approach Dave and Natalya would like to hear from you about interesting cases, especially Canadian ones. Please share your thoughts at and put in the subject: podcast ep 79. Guest: Natalya Abdrasilova, CPA/ABV, MAFF, CVA, Director of Valuation & Litigation Services, BDM, PC Host: David Consigli, CPA/ABV, CDFA, Partner and Lead, FAZ CPAs Business Valuation Practice 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. AICPA 2023 Forensic and Valuation Conference - content available 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 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/29546883

Start Your Year on a High Note - An Overview of the Marijuana Industry in 2023 01/04/2024

Start Your Year on a High Note - An Overview of the Marijuana Industry in 2023 Greg and Ron unpack the intricacies of valuing companies in the marijuana industry, exploring everything from regulatory challenges to market dynamics. Ron shares his extensive experience and offers insights into his journey, the industry's growth, and the challenges and opportunities it presents. Conflict between federal and state laws and regulations FVS practitioner engagement opportunities Nuances within the current landscape and landmines that must be considered when performing engagements. Guest: Ronald L. Seigneur, CPA/ABV, ASA, CVA, Founding Partner, Seigneur Gustafson LLP Host: Greg P. Saunders, CPA/ABV, ASA, 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 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’ll get free CPE and access to rich technical content. 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. AICPA 2023 Forensic and Valuation Conference - content available for purchase: session: Available on AICPA-CIMA.com - Discount for AICPA members Leading experts will provide you with a deep dive into the rapidly growing multi-billion-dollar Cannabis industry. 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/29203293

The Forensic Accountant's Role in M&A Disputes 12/21/2023

The Forensic Accountant's Role in M&A Disputes Frank and Josh Epstein delve into the intricate world of M&A disputes, exploring the critical and varying role forensic accountants serve in navigating complex financial landscapes. This includes an independent accountant/arbitrator, independent expert, or consulting expert. From the impact of shifting interest rates to the looming wave of baby boomer exits, learn about the ways forensic accountants can assist. Guest: Josh Epstein, CPA/CFF, CA, CFE, Senior Manager, MNP LLP Host: Frank Previti, CPA/CFF, CFE, 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 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’ll get free CPE and access to rich technical content. 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. AICPA 2023 Forensic and Valuation Conference - content available for purchase: Available on AICPA-CIMA.com with a member discount 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/29188383

The New Normal: Cost of Capital in a Higher Interest Rate Environment 12/07/2023

The New Normal: Cost of Capital in a Higher Interest Rate Environment Current economic conditions are impacting the cost of capital. Carla and Nene discuss a summary of these conditions and estimates for projected economic growth followed by a deep dive into the cost of capital inputs and how they are being impacted in the current environment including risk-free rate, equity risk premium, beta and cost of debt. This is the first of a series of insights we will share from the FVS conference. The conversation was recorded right after the session in Las Vegas. Guest: Carla Nunes, ABV, Managing Director and Global Leader of Valuation Digital Solutions, Kroll Host: Nene Glenn Gianfala, CPA/ABV, ASA-BV/IA, 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. AICPA 2023 Forensic and Valuation Conference - content available for purchase: session only 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’ll get free 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/28814053

Eye on Fraud - Ransomware Attacks and the Forensic Accountant’s Role 11/16/2023

Eye on Fraud - Ransomware Attacks and the Forensic Accountant’s Role We discuss with Rumbi Petrozzello, the lead author of the winter 2023 issue of Eye on Fraud, a quarterly publication created by the FLS Fraud Task Force: What is ransomware? What are the key techniques used to attach IT networks What should forensic accountants do, both professionally and personally, before and after an attack? The FVS podcast will be featuring an episode on each Eye of Fraud publication from 2023 and forward. If you are a FVS section member perhaps you have already read this content. We hope these podcast episodes give you a new and different way to explore this information. If you are not a Section member, this episode will give you a sample of what is included in the FVS Section’s resource library. Host: Frank Previti, CPA/CFF, CFE, DiSanto, Priest & Co. Guest: Rumbi Bwerinofa-Petrozzello, CPA/CFF, CFE, Head of Strategy, Consulting, Seramount 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 on AICPA-CIMA.com Discount for AICPA members - 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/28508516

The FVS Valuation Podcast

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