Best Practices in Business Valuation (Thursday)

The Market Approach, including the Guideline Company Transactions Method and Guideline Public Company Method

Thursday, June 24, 2021 10:45 a.m. - 12:25 p.m. ET

All Track One sessions are part of the three-day course Best Practices in Business Valuation—A Practical Approach to Advanced Issues and Applications, which covers the latest developments in the valuation profession in a straightforward manner and with an emphasis on practical application. While other attendees may be participating in the course only—as a conference attendee, you can choose what sessions to attend from any track at any time.

  • Are you tired of esoteric concepts and applications that few use and even fewer understand?
  • Are you tired of answers like, “When you look at it this way the answer is this, but if you look at it that way the answer is that?”
  • Do you scream when a presenter says “It depends” when asked a question, even a basic one?

The bottom line is that, while the valuation profession has come a long way, we still cannot come together and agree on many-and we mean many-valuation issues. 

The sessions in Track One will make you feel more comfortable that you know how to understand and apply valuation techniques in the most supportable way. It takes you through advanced issues and applications that you can use right away. Key issues relating to the income approach, capitalized cash flow method, and discounted cash flow method will be discussed.

After completing this session, attendees will be able to:

  • Calculate, select, and adjust valuation market multiples
  • Identify best practices in applying the guideline company transactions method, including the level of reliability
  • Locate and select appropriate databases for guideline companies and completed transactions
  • Identify best practices and the intricacies in selecting guideline public companies and calculating multiples

Total CPE: 2
Fields of Study: Accounting: 1, Finance: 1
Program Level: Intermediate - Learning activity level that builds on a basic program most appropriate for individuals with detailed knowledge in an area.

Who Should Attend:

This session is for everyone, whether a first-year analyst or a seasoned BV veteran.

Prerequisites:

Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.

Advanced Preparation:

None


Pass-Through Entities, including Tax Affecting and Pass-Through Entities Premium Models

Thursday, June 24, 2021 12:40 p.m. - 2:20 p.m. ET

All Track One sessions are part of the three-day course Best Practices in Business Valuation—A Practical Approach to Advanced Issues and Applications, which covers the latest developments in the valuation profession in a straightforward manner and with an emphasis on practical application. While other attendees may be participating in the course only—as a conference attendee, you can choose what sessions to attend from any track at any time.

  • Are you tired of esoteric concepts and applications that few use and even fewer understand?
  • Are you tired of answers like, “When you look at it this way the answer is this, but if you look at it that way the answer is that?”
  • Do you scream when a presenter says “It depends” when asked a question, even a basic one?

The bottom line is that, while the valuation profession has come a long way, we still cannot come together and agree on many-and we mean many-valuation issues. 

The sessions in Track One will make you feel more comfortable that you know how to understand and apply valuation techniques in the most supportable way. It takes you through advanced issues and applications that you can use right away. Key issues relating to the income approach, capitalized cash flow method, and discounted cash flow method will be discussed.

After completing this session, attendees will be able to:

  • Demonstrate the best way to present tax-affecting
  • Illustrate the use of S corp models and the so-called S corp premium
  • Summarize the nuances of the IRS S Corp Job Aid
  • Assess the latest S corp court cases and how to use them
  • Explain reconciling different values

Total CPE: 2
Fields of Study: Accounting: 1, Finance: 1
Program Level: Intermediate - Learning activity level that builds on a basic program most appropriate for individuals with detailed knowledge in an area.

Who Should Attend:

This session is for everyone, whether a first-year analyst or a seasoned BV veteran.

Prerequisites:

Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.

Advanced Preparation:

None


Business Valuation and COVID-19

Thursday, June 24, 2021 3:00 p.m. - 4:40 p.m. ET

All Track One sessions are part of the three-day course Best Practices in Business Valuation—A Practical Approach to Advanced Issues and Applications, which covers the latest developments in the valuation profession in a straightforward manner and with an emphasis on practical application. While other attendees may be participating in the course only—as a conference attendee, you can choose what sessions to attend from any track at any time.

  • Are you tired of esoteric concepts and applications that few use and even fewer understand?
  • Are you tired of answers like, “When you look at it this way the answer is this, but if you look at it that way the answer is that?”
  • Do you scream when a presenter says “It depends” when asked a question, even a basic one?

The bottom line is that, while the valuation profession has come a long way, we still cannot come together and agree on many-and we mean many-valuation issues. 

The sessions in Track One will make you feel more comfortable that you know how to understand and apply valuation techniques in the most supportable way. It takes you through advanced issues and applications that you can use right away. Key issues relating to the income approach, capitalized cash flow method, and discounted cash flow method will be discussed.

After completing this session, attendees will be able to:

  • Explain what is “known or knowable” and valuation dates
  • Identify subsequent events
  • Calculate discount rates
  • Determine appropriate adjustments (i.e., premiums and discounts) to be applied to an indicated value
  • Assess the effect on S corps
  • Assess how to apply and support probabilistic scenario analyses
  • Determine the use of government and other economic projections

Total CPE: 2
Fields of Study: Accounting: 1, Finance: 1
Program Level: Intermediate - Learning activity level that builds on a basic program most appropriate for individuals with detailed knowledge in an area.

Who Should Attend:

This session is for everyone, whether a first-year analyst or a seasoned BV veteran.

Prerequisites:

Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.

Advanced Preparation:

None


Case Study and Sample Report

Thursday, June 24, 2021 4:55 p.m. - 5:45 p.m. ET

All Track One sessions are part of the three-day course Best Practices in Business Valuation—A Practical Approach to Advanced Issues and Applications, which covers the latest developments in the valuation profession in a straightforward manner and with an emphasis on practical application. While other attendees may be participating in the course only—as a conference attendee, you can choose what sessions to attend from any track at any time.

  • Are you tired of esoteric concepts and applications that few use and even fewer understand?
  • Are you tired of answers like, “When you look at it this way the answer is this, but if you look at it that way the answer is that?”
  • Do you scream when a presenter says “It depends” when asked a question, even a basic one?

The bottom line is that, while the valuation profession has come a long way, we still cannot come together and agree on many-and we mean many-valuation issues. 

The sessions in Track One will make you feel more comfortable that you know how to understand and apply valuation techniques in the most supportable way. It takes you through advanced issues and applications that you can use right away. Key issues relating to the income approach, capitalized cash flow method, and discounted cash flow method will be discussed.

After completing this session, attendees will be able to:

  • Associate case studies and sample reports to best practices
  • Demonstrate report writing tips
  • Differentiate the valuation methods and reconciliation

Total CPE: 2
Fields of Study: Accounting: 1, Finance: 1
Program Level: Intermediate - Learning activity level that builds on a basic program most appropriate for individuals with detailed knowledge in an area.

Who Should Attend:

This session is for everyone, whether a first-year analyst or a seasoned BV veteran.

Prerequisites:

Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.

Advanced Preparation:

None