VPS STRAIGHTtalk Series

August 16, 2017

Best Practices: Business Valuation Methods
Report Writing

***Includes New Detailed Case Study***
***Includes WORD Version of a Detailed Complete Report***
Welcome to our new
"Best Practices: Business Valuation Methods Series"

1)  Guideline Company Transactions Method (3/8/17) - Archive available
2)  Capitalized Cash Flow Method (3/29/17) - Archive available
3)  Cost of Capital (4/26/17) - Archive available
4)  Discounted Cash Flow Method (6/28/17) - Archive available
5)  Guideline Public Company Method (7/19/17) - Archive available
6)  Report Writing (8/16/17)

Buy 5 of this series - get the 6th webinar FREE!

Note: Each webinar is presented on a standalone basis.
While prior attendance is encouraged, it is not required.

Jim Hitchner, CPA/ABV/CFF, ASA
Managing Director, Financial Valuation Advisors
CEO, Valuation Products and Services
President, The Financial Consulting Group
Coauthor, Hitchner Pratt Fishman, A Consensus View Q&A Guide to Financial Valuations
Coauthor, Discount for Lack of Marketability Guide and Toolkit
Coauthor, Financial Valuation Applications and Models, 4th edition
Coauthor, PPC's Guide to Business Valuations, 27th edition
Former member of the AICPA BV Standards Writing Task Force
Inductee in the AICPA BV Hall of Fame 

To illustrate the best practices of writing a compelling and complete business valuation report, this session will use a detailed sample report (provided to attendees in MS WORD format) with exhibits that are in conformity of with the standards of AICPA, ASA, IBA, and NACVA.

Webinar Outline:

  • Sample language and examples to put in your reports
    • Front summary language including: terms, definitions, disclaimers, caveats, scope of work, list of documents relied upon, procedures performed, restrictions or limitations, distribution, and level of reliance
    • Adherence to BV reporting standards (AICPA, ASA, IBA and NACVA)
    • Presentation and reconciliation of values and methods
    • Conclusion of value
    • Assumptions and limiting conditions and valuation representation/certification
  • Sample language and examples to NOT put in your reports
  • Citing references for definitions, concepts and applications
  • Use and abuse in relying upon canned economic data 
  • Reliance on RMA and other types of benchmark data
  • Quantitative and qualitative weightings of values
  • Length of reports
  • Types of reports and when they should be used
    • Full/detailed
    • Summary/letter
    • Calculation
    • Oral
    • Valuation review of another analyst's work product
    • Rule 26
    • No report

Learning Objectives:

  • Using sample report language and examples, the participant will learn what needs to go into a BV report that is in compliance with BV standards
  • The participant will learn about full reports,summary reports, review reports, calculation reports, oral reports, and no reports
  • The participant will learn about the use of protective and risk management language
  • The participant will understand how to properly use addendums, appraisal representations/certifications, assumptions, and limited conditions
  • The participant will learn about bad words, sentences, and paragraphs that are often inappropriately included in reports

Handouts:

  • VPS webinar PowerPoint slides
  • Detailed sample report with exhibits

Following the webinar, attendees will receive an interactive video of the webinar showing the audio synced to the slide presentation in real time 

 

The VPS StraightTalk webinar series brings you outstanding continuing professional education on business valuation and litigation topics. Unless otherwise noted, all webinars are targeted at an intermediate program level, qualify for two hours of CPE credit, and begin at 1:00 p.m. ET. Pay one fee of $239 for everyone in your firm to participate. Unlimited employees from your firm will each receive 2 CPE credits for NO additional fee (applies to all employees at your firm who sign in per the webinar participant instructions.) More information on the VPS StraightTalk webinar series can be found here.

Jim Hitchner's Valuation Products and Services (VPS) provides tools to assist practitioners in business valuation, litigation services, and forensics and fraud.

Valuation Products and Service, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.