E.P.I North Texas Chapter: Nuts and Bolts of Business Valuations and Preparers
- Starts: (Is Ongoing) Friday, July 8, 2016 7:30 AM
- Time Zone: Central Daylight Time
- Where: TravisWolff, 15950 N Dallas Parkway Suite 600, Dallas
- Website: http://www.exit-planning-institute.org/events/north-texas-chapter-event-nuts-bolts-business-valuations-preparers/
How business valuations are prepared and the credentials of those who prepare them are a mystery to most professional advisors and probably to almost all business owners. To further complicate the situation, business owners and their advisors, including ownership transition practitioners, need to know how a business would likely be valued by the marketplace at the beginning of the exit planning process. But, obtaining a reasonably accurate value is sometimes not possible unless the valuation professional has all the necessary information about how the business operates, and other business sustainability issues – all from a prospective acquirer’s viewpoint.
This session will focus on who the various credentialed business valuation preparer professionals are, including the facts regarding their professional designations. They will give a general explanation of the key parts of a full-blown valuation, including the three methods to estimate value, and their subsets, what is meant by a “limited” or “abbreviated scope valuation, and how to determine who to select to prepare a valuation for a given purpose.
- The requirements for certification and continuing education for the various professional designations
- How to engage the “right” preparer based on the subject company and purpose of the valuation
- The key parts of every full-blown valuation
- What is often included in a “limited scope” or “abbreviated” valuation
- Why even a Fair Market Valuation might not accurately estimate what a third party buyer would pay for a business
- Mark Winger, CFA, CPA/ABV, ASA
- Robert I. Bridges, CFA, CVA