Business Valuation (Monday)

COVID-19 and Business Valuations: An Opportunity for Gift and Estate Planning

Monday, December 13, 2021 10:10 a.m. - 11:50 a.m. ET

Most businesses impacted by the COVID-19 pandemic have not yet fully recovered. Depending on the type of business and industry, it may take a long time to go back to pre-pandemic levels or it may take awhile to re-invent the business or shift to a new business model or change market strategies. Businesses remained afloat thanks to PPP loans and other forms of government assistance but many remain impacted by current lingering COVID-19 related mandates. The many uncertainties that still linger -- including what might happen to the gift and estate tax exemption level -- create a unique planning opportunity by allowing business owners to transfer a greater portion of their business assets at lower values and reduce their taxable estate.

  • Recognize valuation approaches and alternative methods and techniques in valuing businesses impacted by COVID-19
  • Identify various risk factors that arose due to COVID-19 that impact the valuation of businesses
  • Distinguish what discount adjustments may be appropriately applied when valuing businesses impacted by COVID-19
  • List a few estate planning techniques and tools that may be beneficial in the current environment

Total CPE: 2
Fields of Study: Finance: 1, Taxes: 1
Program Level: Update - Learning activity level that provides a general review of new developments.

Who Should Attend:

Business owners, wealth managers and planners, appraisers, and trust and estate attorneys will benefit from learning about how depressed valuations for certain businesses and industries due to COVID-19 presents a unique gift and estate planning opportunity NOW rather than later.

Prerequisites:

Participants need a background in the subject area and desire to keep current.

Advanced Preparation:

None


Selling a Business After the Pandemic? Crisis and Information Asymmetry Impact on Deal Terms

Monday, December 13, 2021 12:10 p.m. - 1:00 p.m. ET

In this session, we will discuss a recently published article that examined the effects of the Global Financial Crisis on exit deal structures. Signaling theory will be covered in this session providing examples of how reducing information asymmetry can improve deal terms. Participants will also be asked to share their experiences and strategies used to reduce uncertainties and unknowns in their transactions, thus providing an interactive discussion between attendees.

  • Identify how crisis events and uncertainty may affect deal terms
  • Utilize strategies to reduce information asymmetry and improve deal terms for their clients

Total CPE: 1
Fields of Study: Accounting: 1
Program Level: Overview - Learning activity level that provides a general review of a subject area from a broad perspective.

Who Should Attend:

Individuals involved in small business exits or mergers and acquisitions will benefit from the session.

Prerequisites:

None required. These overview programs may be appropriate for professionals at all organizational levels.

Advanced Preparation:

None


Automating Your Valuation Reports

Monday, December 13, 2021 2:00 p.m. - 3:40 p.m. ET

Many practitioners rely on Microsoft Office products and tools to develop and support their work. This session will cover techniques to merge Excel and Word to eliminate mistakes, reduce rework, and improve consistency and efficiency. Attendees will be guided through real-world examples of setting up automated reports using Excel.

• Demonstrate familiarity with Microsoft tools to merge Excel and Word

• Identify essential formatting techniques

• Identify additional tools used in the report review process


Total CPE: 2
Fields of Study: Business Management and Organization: 1, Computer Software and Applications: 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:

Financial experts who regularly prepare reports with Microsoft Word utilizing Microsoft Excel hoping to become more efficient, reduce mistakes, and improve consistency in the reporting process.

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

Nick Mears

Nick  Mears

MBA, CVA, MAFF

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Changing the Market Data and Modeling Landscape

Monday, December 13, 2021 4:00 p.m. - 5:40 p.m. ET

Information Forthcoming 

Information Forthcoming 


Total CPE: 2
Program Level: None

Who Should Attend:

None

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

Adam Luke

Adam  Luke

PhD

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Derek Zweig

Derek  Zweig

CFA, FRM

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