Carla  Nunes

Carla Nunes

Duff & Phelps, LLC

Carla S. Nunes, CFA is a Managing Director in Kroll’s (formerly Duff & Phelps’) Office of Professional Practice. She has over 25 years of experience. In that role, she provides firm-wide technical guidance on a variety of valuation, financial reporting, and tax issues. She also co-authors Kroll’s annual U.S. and European Goodwill Impairment Studies. In addition, Ms. Nunes is the Global Leader of Kroll’s Valuation Digital Solutions group, which produces the cost of capital thought leadership, content, and data housed in the Kroll Cost of Capital Navigator.



In 2011, she completed a one-year rotation in Kroll’s London office, where she promoted the firm's IFRS education efforts and marketing initiatives, as well dealing with IFRS implementation issues.

Prior to this role, Ms. Nunes was part of the Valuation Advisory Services business unit, performing engagements primarily for financial reporting and tax purposes at Kroll and its predecessor firms, PricewaterhouseCoopers and Standard & Poor’s.



Ms. Nunes has conducted numerous business and asset valuations for a variety of purposes, including purchase price allocations, goodwill impairment testing, M&A, corporate tax restructuring and debt analysis. She has been involved in multiple valuation assignments for a wide range of industries, including pharma & biotech, healthcare, vitamin retail, specialty chemicals, industrial manufacturing, and gaming & hospitality. She has substantial experience with cross-border valuations, working with multinational corporations to address complex tax, international cost of capital, and foreign exchange issues. 

Ms. Nunes is one of Kroll’s experts addressing valuation issues related to cost of capital. She is a co-author of the “Valuation Handbook” series and is a co-creator of the Kroll’s Cost of Capital Navigator. She is a frequent speaker in webinars and conferences on the topics of cost of capital, goodwill impairment and valuation in general. She is a Kroll Institute Fellow, a Practitioner Director in the Board of the Financial Management Association International (FMA), and a member of the Education Committee of the International Institute of Business Valuers (iiBV).



She received her M.B.A. in finance from the University of Rochester's Simon School, an honors degree in business administration from Lisbon's School of Economics and Management (ISEG Lisbon) and completed coursework for a Masters of Taxation from Villanova University School of Law. Additionally, she holds a Chartered Financial Analyst (CFA) designation and has passed the exam and fulfilled all the requirements for the Certified in Entity and Intangibles Valuations (CEIV) credential.