Host:  Nene Gianfala, CPA/ABV, CEIV, ASA-BV/IA, Chaffe & Associates, Inc.

Guests

Antonella Puca, CPA/ABV, CFA, Partner – BlueVal

Jay Baris, JD, SIDLEY AUSTIN LLP

David Konop, MBA, ABV, Principal, KPMG, LLP

Cryptocurrencies are often volatile, typically trade around the clock, contain different rights and privileges, and therefore present special challenges in valuation. Additionally, the number of entities in the digital currency ecosystem has grown significantly and has been accompanied by the development of new capital tools such as Simple Agreements for Future Tokens (SAFT) and accompanying financial instruments.

In Part 1 of this topic, we join experts Jay Baris and Antonella Puca, to discuss the Recent regulatory and enforcement trends

For Further exploration on this topic:  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.

Event:  AICPA® & CIMA® Portfolio Valuation Forum on June 28, 4:30–6:15 pm ET   Attend either in person at KPMG in New York City or virtually via live broadcast.   Industry experts will discuss current issues and trends relating to the complexities of portfolio valuations Participants will be able to ask questions throughout the event and receive up to two CPE credits at NO COST!    Click here to learn more and register

Webcast:  Investigations in the Crypto Currency World on July 18, 1:00 - 2:30 pm ET Investigations involving blockchains and digital assets serve a variety of purposes. Attend this webcast for an overview of the applications, associated risks, and techniques used during an investigation. Participants will see examples of its practical applications and gain an understanding of the basic mechanics of blockchain analytics. Click here to learn more and register

Webcast playback - Venture Capital Fundraising and Valuation Trends

Host:  Nene Gianfala, CPA/ABV/CEIV, ASA-BV/IA, Chaffe & Associates, Inc.

Guest:  John Borrowman, CPC, President, Borrowman Baker LLC

Join Nene and recruiter, John Borrowman, as they chat about the unique challenges for recruiting in the business valuation industry including the:

·       Perfect Storm in the industry – what does it mean?

·       Outmigration – the Silver Tsunami

·       Curious labor trends post pandemic

·       Ideas for mitigating the labor shortage

For Further exploration on this topic:

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. 

Want to help spread the word about BV and Forensics as an alternate path to traditional accounting/auditing/tax?  If you are interested in becoming a mentor (or finding a mentor), becoming a volunteer on a task force, and/or joining FVS awareness efforts to students/young professionals, please contact the AICPA-CIMA FVS member section. 

Articles and training

·       Hot jobs: Valuation specialists needed in good economic times and bad

·       AICPA-CIMA Global Career Hub – Student careers

·       How can AICPA ABV credential holders help in times of need?

·       AICPA & CIMA Forensic & Valuation Services Conference

·       AICPA & CIMA Expert Witness Skills Workshop

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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

·       ABV Credential (Accredited in Business Valuation)

·       CFF Credential (Certified in Fraud and Forensics)

Host:  Nene Gianfala, CPA/ABV, CEIV, ASA-BV/IA, Chaffe & Associates, Inc.

Guest:  Randy Priem, Belgian Financial Services and Markets Authority (FSMA), Finance Professor @ University of Antwerp + UBI Business School

Randy Priem is an expert on market infrastructures and financial benchmarks at the Belgian Financial Services and Markets Authority (FSMA). In his white paper (link below) he analyzes the impact of a company’s ESG score on its cost of capital, including if a high ESG score serves as a substitute for a weaker legal environment.

During our interview, we do a deep dive into

·       The inspiration for the article

·       Key factors analyzed and data inputs

·       How can appraisers incorporate into business valuation?

·       ESG:  fad or common sense?

·       Beware of greenwashing

For Further exploration on this topic:

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. 

If you are interested in learning more about ESG, check out these AICPA resources:  

• AICPA’s Fundamentals of ESG Certificate (CPE self-study, 9 credits)
• FVS podcast episode #53, ESG - Why the Business Valuation Practitioner Should Pay Attention 
• Additional articles on the AICPA website include:
  • ESG reporting: What’s the value of ESG?
  • Accounting’s role in ESG
• Resources available as part of FVS Section membership
  • Emerging ESG Regulations
  • Information on SEC disclosures

Randy’s White Paper, “The Impact of a Firm’s ESG Score on Its Cost of Capital: Can a High ESG Score Serve as a Substitute for a Weaker Legal Environment” December 2022

• United Nations - https://unglobalcompact.org/take-action/action/private-sustainability-finance
• European Commission – https://finance.ec.europa.eu/sustainable-finance_en
• EMSA - https://finance.ec.europa.eu/sustainable-finance_en
• IOSCO (International Organization of Securities Commissions) (the global organization of securities regulators) https://www.iosco.org/news/pdf/IOSCONEWS635.pdf
• Financial Stability Board (FSB). https://www.fsb.org/2021/11/environmental-social-and-governance-esg-ratings-and-data-products-providers/
• Bank of international settlements https://www.bis.org/publ/qtrpdf/r_qt2112f.htm

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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

·       ABV Credential (Accredited in Business Valuation)

·       CFF Credential (Certified in Fraud and Forensics)

Host:  Josh Shilts CPA/ABV/CFF/CGMA, ASA, CFE – President, Shilts CPA PLLC

Guest(s):  Mike Blake ASA, ABAR, CFA – Managing Partner, Brady Ware Arpeggio, LLC

Mr. Blake is best described as a “risk sherpa”.  During this interview, Josh and Mike discuss the visualization of risk and the following concepts:

• Gaining an understanding of business risk outside of financial analysis
• Tools and techniques appraisers should be aware of to improve their valuation techniques
• Using datasets un-related to financials to visualize and assess a company’s industry-specific risks

For Further exploration on this topic:

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. 

• Uncertainty and risk in financial instrument valuation | FVS webcast archive
• Considerations when valuing distressed or impaired businesses FAQs
• Data Visualization Certificate program
• Data visualization: A picture worth 1,000 numbers

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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

·         ABV Credential (Accredited in Business Valuation)

·         CFF Credential (Certified in Fraud and Forensics)

Host: Nene Gianfala, CPA/ABV, CEIV, ASA-BV/IA, Chaffe & Associates, Inc.

Guests:  

• Jenny Allen, CPA/ABV/CFF, Partner at Anthem Forensics
• Bethany Hearn, CPA/ABV/CFF, Leader of Valuation, Forensic, Litigation, and Investigative Services at CliftonLarsonAllen LLP
• Carla Nunes, ABV, Managing Director and Global Leader of Valuation Digital Solutions, Kroll
• Brenda Wamala, ABV, Senior Consultant, Global Forensics and Litigation Services, Baker Tilly US

It was so good we needed a part 2!  This episode is a continuation of the engaging conversation we had in March for Women’s History Month!  Please join us again while we discuss:

·         Work-life balance is achievable!

·         Don’t be afraid to ask for what you need

·         How anyone can be an ally to women in BV

For Further exploration on this topic: 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. 

Resources available for purchase and discounted with your AICPA-CIMA FVS Section membership

·        Getting Comfortable with Being Uncomfortable

·        The Power of Women's Networks

Relevant articles on the AICPA website include:

Women Strengthen the Accounting Profession 

MENTORSHIPS – if you are interested in finding a mentor or becoming a mentor, please contact The AICPA-CIMA FVS member sector at infoFVS@aicpa.org.

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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

·        ABV Credential (Accredited in Business Valuation)

·        CFF Credential (Certified in Fraud and Forensics)

Host: Nene Gianfala, CPA/ABV, CEIV, ASA-BV/IA, Chaffe & Associates, Inc.

Guests:  

• Jenny Allen, CPA/ABV/CFF, Partner at Anthem Forensics
• Bethany Hearn, CPA/ABV/CFF, Leader of Valuation, Forensic, Litigation, and Investigative Services at CliftonLarsonAllen LLP
• Carla Nunes, ABV, Managing Director and Global Leader of Valuation Digital Solutions, Kroll
• Brenda Wamala, ABV, Senior Consultant, Global Forensics and Litigation Services, Baker Tilly US

In honor of Women’s History Month, the FVS podcast turns the mic over to our four guests that have experienced the FVS profession for 4 years to 4 decades. Please join us for this thoughtful discussion about:

·         Women in the business valuation industry

·         Mentors inside and outside the workplace

·         Expectations from others and for yourself

·         Advice for the next generation of appraisers

For Further exploration on this topic: 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. 

Resources available for purchase and discounted with your AICPA-CIMA FVS Section membership

·        Getting Comfortable with Being Uncomfortable

·        The Power of Women's Networks

Relevant articles on the AICPA website include:

Women Strengthen the Accounting Profession 

MENTORSHIPS – if you are interested in finding a mentor or becoming a mentor, please contact The AICPA-CIMA FVS member sector at infoFVS@aicpa.org.

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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

·        ABV Credential (Accredited in Business Valuation)

·        CFF Credential (Certified in Fraud and Forensics)

Host:  Saumya Tayi, CPA/ABV, Director, Alix Partners, LLP

Guest(s):  

Natalya Abdrasilova, CPA/ABV, MAFF, CVA, Director of Valuation & Litigation Services, BDM, PC

David Consigli, CPA/ABV, CDFA, Partner and Lead, FAZ CPAs Business Valuation Practice

In litigation, the decisions in court cases create precedence for future court cases. Keeping up to date on current court decisions and the background can help you prepare your valuation for court and support it in testimony.

Join Saumya, one of our newer hosts, as she speaks with Natalya Abdrasilova, and David Consigli and they delve into and discuss the valuation implications and technical valuation components of the cases. 

For Further exploration on this topic:  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. 

available for purchase from AICPAconferences.com

AICPA-CIMA Forensic and Valuation Services Conference, session: Valuation Court Cases: New Cases and Historical Cases Impacting Valuations Today

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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

·         ABV Credential (Accredited in Business Valuation)

·         CFF Credential (Certified in Fraud and Forensics)

Host:  Nene Gianfala, CPA/ABV/CEIV Chaffe & Associates, Inc.

Guest(s):  

Karolina Calhoun, CPA/ABV/CFF, Vice President, Mercer Capital

Audra Moncur, CPA/ABV, Partner, Wipfli, LLP

Nene meets with FVS conference presenters Karolina Calhoun and Audra Moncur right after their presentation this past November.  Join us as we dig into the topic of goodwill a bit deeper than your financial accounting textbook did to learn: Major differences between personal goodwill and enterprise goodwill

• Types of assignments that usually involve personal goodwill
• Impact of size on the presence of personal goodwill
• Best practices for personal goodwill assignments

For Further exploration on this topic:

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. 

available for purchase from AICPA.org

Family Law and Divorce Engagements - Parts 1, 2, and 3

from AICPAconferences.com

AICPA-CIMA Forensic and Valuation Services Conference, session: Personal vs. Entity Goodwill

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.  Visit us online at www.aicpa.org/fvs, 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.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

• ABV Credential(Accredited in Business Valuation)
• CFF Credential (Certified in Fraud and Forensics)

Host:  David Consigli, CPA/ABV, CDFA, FAZ CPAs

Guest(s):  

Brian McIntyre, CVA, Partner, Withum - Forensic and Valuation Services

Natalya Abdrasilova, CPA/ABV, MAFF, CVA, Director of Valuation & Litigation Services, BDM, PC

Description:

In this episode we interview Brian McIntyre and Natalya Abdrasilova, presenters at the 2022 FVS Conference, and discuss the following:

• Concepts surrounding marketability discounts are always evolving
• The criticality of finding data to support your conclusions
• Need to be flexible to different options for valuing marketability
• There is no "one size fits all" for determining marketability discounts
• Common errors Natalya and Brian have observed

For Further exploration on this topic:  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. 

Resources available as part of FVS Section membership

BRG (Business Reference Guide) Online - Provides an overview of different markets to create a baseline to develop discounts.

available for purchase from AICPAconferences.com

AICPA-CIMA Forensic and Valuation Services Conference, session:  Marketability Discount

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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

• ABV Credential(Accredited in Business Valuation)
• CFF Credential (Certified in Fraud and Forensics)

Host:  Josh Shilts, CPA/ABV/CFF/CGMA, ASA, CFE. Shilts CPA, PLLC

Guest: Nene Gianfala, CPA/ABV, CEIV, ASA-BV/IA, Chaffe & Associates, Inc.

Josh’s conversation with Nene confirms that ESG is not a fad that is going away. This episode will provide you with takeaways that business valuation practitioners need to know including potential increased risks for subject companies.

• What is ESG and how does it impact a business’ value
• How will newly required ESG disclosures trickle down and impact private companies
• Incorporation of ESG into your business valuation practice  
• Why it is critical to consider ESG during your due diligence

 For Further exploration on this topic:    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. 

AICPA’s Fundamentals of ESG Certificate (CPE self-study, 9 credits)

Additional articles on the AICPA website include:

• ESG reporting: What’s the value of ESG?
• Accounting’s role in ESG

Resources available as part of FVS Section membership

Emerging ESG Regulations

Other resources 

•  Information on SEC disclosures

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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

• ABV Credential(Accredited in Business Valuation)
• CFF Credential (Certified in Fraud and Forensics)

Host: Nene Gianfala, CPA/ABV, CEIV, ASA-BV/IA, Chaffe & Associates, Inc.

Guests:  Zac Liermann, CPA, Senior Consultant, Wipfli LLP
              Jared Hannon, CFA, CEIV, Director, Grant Thornton LLP

In this episode, we talk to Zac and Jared, who recently presented at the 2022 FVS Conference in Las Vegas on 409A Valuations and discuss the:

• History and explanation of 409A/ASC 718 Valuations
• Complex nature of 409A Valuations
• Difference between simple and complex capital structures
• Allocation methods appropriate under a particular fact pattern
• Implementing Option Pricing Model methodologies

Also, “fun” stories of the most complex capital structure the presenters tackled and tips to conquer them in practice.

For Further exploration on this topic –

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. 

• Statement on Standards for Valuation Services (VS Section 100) FREE resource
• AICPA-CIMA Forensic and Valuation Services Conference, session:  409A Valuations available for purchase from AICPAconferences.com

Resources available as part of FVS Section membership –

• AICPA's _Accounting and Valuation Guide: Valuations of Privately-Held-Company Equity Securities Issued as Compensation aka the Cheap stock guide
• Valuations performed for employee stock ownership plans (ESOPs) and FAQs
• What every valuation analyst should know about employee stock ownership plans (ESOPs)
• VS Section 100 (SSVS) Development Compliance Checklists

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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode –

Follow us wherever you get your podcasts and leave us a review using this link or copy and paste this URL into your browser https://forms.office.com/r/4cjNd6m1TJ so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com

Information on credentials –

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

• ABV Credential (Accredited in Business Valuation)
• CFF Credential (Certified in Fraud and Forensics)

Host: Mark Smith, Director of Valuation Services, AICPA-CIMA
Guest(s):
Carla Nunes, ABV, Managing Director, Kroll
James Harrington, Director, Kroll

In the wake of the COVID-19 pandemic entire segments of the global economy were shut down and reopened resulting in global supply chain disturbances. Additionally, Russia’s invasion of Ukraine has put further pressures on global agriculture, energy, and other commodity prices. As a result, we are in an unprecedented period in economic history.

In this episode we interview Carla Nunes and James Harrington from Kroll (formerly Duff & Phelps). They were the keynote presenters at the 2022 FVS Conference just a few weeks ago. Join us as we discuss the cost of capital ramifications and how valuations may be impacted by these macroeconomic factors.

Our FVS credential programs allow AICPA members to demonstrate competence and confidence in providing forensic and valuation services to their clients.

• CFF Credential(Certified in Fraud and Forensics)
• ABV Credential(Accredited in Business Valuation)

Note: 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. 

Don’t miss an episode – subscribe to our podcast channel! And leave us a review using this link, so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Guests: Josh Shilts, CPA/ABV/CFF/CGMA
            Ethan Rouen, Ph.D

Ethan Rouen, assistant professor of business administration at Harvard Business School, teaches the course “Reimagining Capitalism”.  Josh came across Professor Rouen’s work while doing his own research on the valuation of human capital.  Join the conversation between Josh and Ethan to learn more about: 

• How do we view human capital?  As an asset to invest in or an expense to manage?
• The challenge of creating a KPI for the value creation of human capital
• Market demand for human capital information via ESG disclosures

This is a podcast from AICPA & CIMA, Together as the Association of International Certified Professional Accountants. Learn more at aicpa.org and cimaglobal.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.  If you’re not already a member, visit us online and consider joining this active community of your FVS peers. You’ll get free CPE and access to rich technical content.

Don’t miss an episode – subscribe to our podcast channel! And leave us a review at the following so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com.

Guest(s): Sugi Hadiwijaya, CR3 Partners, LLC; Dalton Potts, NRD Capital

Short podcast structured as conversation on topics of due diligence in restaurant space.  Topics discussed include:

1. Reasons/purposes/goals of restaurant acquisitions
2. How to analyze restaurant P&L during due diligence
3. How to understand operational aspects of due diligence
4. Other matters such as quality of earnings, liquor license transfer, liabilities

This is a podcast from AICPA & CIMA, Together as the Association of International Certified Professional Accountants. Learn more at aicpa.org and cimaglobal.com

The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast channel! And leave us a review at the following so we can continue bringing valuable and relevant content to you. Any other issues can be sent to podcast@aicpa-cima.com.

Host:  Josh Shilts, CPA/ABV/CFF/CGMA
Guests: Maryellen Galuchie and Mark Smith

In this episode, Josh touches base with Maryellen, Managing Director with Grant Thornton’s Corporate Finance Division and chair of the Business Valuation Committee and Mark, Director of Valuation Services at the AICPA.  Josh, who is an immediate past committee member, leads the discussion to help folks understand:

• What is the role of AICPA committee work?
• Who makes a good candidate for the AICPA’s BV committee
• WIIFM (what’s in it for me)?- What you can expect from being a BV committee member
• How to get involved: get your feet wet by joining a task force

The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast channel! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Josh Shilts, CPA/ABV/CFF/CGMA
             Matthew Shaffer, Ph.D

Matthew Shaffer, an assistant professor at USC Marshall School of Business, feels accounting is the fundamental measurement for how companies perform and emphasizes the use of accounting fundamentals to determine valuation methods.  His December 2021 article "Why Value the Enterprise enroute to Equity? Valuation Practice in M&A" caught Josh's attention. During this episode, Josh Shilts and Professor Shaffer discuss:

• What prompted the writing of the article

• Why M&A advisors and equity analysts use such different methods of valuation
• How to improve our understanding of the variation between enterprise-value and price value multiples
• Why not directly capitalize earnings into an equity valuation

This is a podcast from AICPA & CIMA, Together as the Association of International Certified Professional Accountants. Learn more at aicpa.org and cimaglobal.com

The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast channel! And leave us a review

Guests: Josh Shilts, CPA/ABV/CFF/CGMA 
            Jay Fishman

Jay Fishman is a ground-breaking figure in the business valuation profession.  Jay started Financial Research Associates 41 years ago.  So, what was going on in the BV world 42 years ago?!  Jay’s path in valuation began Manufacturers Appraisal Company, and with a Ph.D. student’s background in research, he started digging into the value of a variety of unusual intangibles.  Josh speaks with Jay about:

• What drives you to keep pushing, to keep taking the next step
• Building a community of dedicated professionals to create with versus compete with
• Daubert - How to be ready for the next challenge

What to put in your valuation toolbox?

In this edition of the FVS Valuation Podcast, host Josh Shilts, CPA/ABV/CFF/CGMA speaks with Jay Fishman, a ground-breaking figure in the business valuation profession.  Josh and Jay discuss what was going on in the business valuation world 42 years ago that started Jay down the valuation path including the importance of building a community of dedicated professionals to create with.

The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast channel! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Josh Shilts, CPA/ABV/CFF/CGMA
             Mark Dietrich, CPA/ABV

Josh Shilts, CPA/ABV/CFF/CGMA sits down for a second time with Mark Dietrich, CPA/ABV, to further explore the complexities of healthcare valuation including:

• Data sources such as the Goodwill Registry
• Using principles not just rules when performing valuations
• Private equity transactions and platform investments
• No cash flow, no goodwill: the role of relative value units (RVU)
• What to put in your toolbox?

The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast channel! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Josh Shilts, CPA/ABV/CFF/CGMA
            Ken Pia, CPA/ABV 

Josh and guest, Ken Pia, who leads the national matrimonial practice for Marcum LLP will share where the practice is at the beginning of the 3rd year of the pandemic. The podcast will also discuss some important issues to consider such as:

• Managing quality and credibility in an increasingly complex environment that is increasingly virtual
• Developing processes and the impact of business valuation trailblazers
• The value of always being prepared for litigation
• Avoiding the trend of shortcuts and what to put in your toolbox

The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast channel! And leave us a review so we can continue bringing valuable and relevant content to you.

Guests: Josh Shilts, CPA/ABV/CFF/CGMA
            Dennis Webb 

Valuation often takes many forms and when a practitioner encounters an engagement that require different skill sets or retain the appropriate subject matter experts.  This is commonly encountered when a business owns real estate that can often be worth more than the business. 

On this podcast Josh and guest Dennis discuss:

• The benefits of understanding how different professionals approach a valuation
• Learning to ask questions in the other expert’s language
• How intangible benefits can change over time and how to communicate this to different stake holders (e.g., judges, IRS, owners).

The podcast will also discuss some important issues to consider such as:

• How to improve or solve multi-disciplinary problems
• Similarities between business valuation and real estate valuations
• How discounts are developed for asset holding companies

The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.

Don’t miss an episode – subscribe to our podcast channel! And leave us a review so we can continue bringing valuable and relevant content to you.