Program:
Advanced Valuation for Financial Reporting Workshop
Program Sponsor: Beckmill Research and Marshall & Stevens
Focus:
Details: What You Will Learn
This demanding, two-day seminar will be intensive and hands-on. Working from fictional cases based on actual fact patterns, attendees will prepare their own valuations of intangible assets under SFAS 141(R). They will also test assets for impairment under SFAS 144 and SFAS 142. Attendees will use their own laptops and a template to be provided by NACVA. They are free to take the template with them and use/modify it in their future valuation engagements for financial reporting purposes.
Development and Instruction Team
This course was created and is taught by Alfred M. King, AB, MBA, CMA, CFM and Warren D. Miller, CFA, ASA, CMA, CPA. Mr. King is presently vice chairman and a director of Marshall & Stevens and was formerly managing director with the Institute of Management Accountants. His areas of expertise include litigation support, valuation of intangible/intellectual assets, business valuations, solvency and reasonable equivalent value issues, valuation issues relating to domestic and international taxes and financial reporting, and complex allocation-of-purchase-cost assignments, including retrospective studies. In his career to date, Mr. King has personally apprised over $100 billion of assets. Mr. Miller is a co-founder of BECKMILL RESEARCH, LLC, which limits its work to value maps, M&A, litigation support (e.g., divorce, damages, dissenting share-holder), valuation (financial reporting, tax private equity, IP, litigation support, value-based management, business planning), strategy (strengthening capabilities, market positioning, diversification), exit planning, and statistics-driven research (e.g., customer loyalty surveys, stand-alone public-comps analysis). His firm also specializes in valuation for financial reporting under SFAS 123R, 141, 142, and 144. Mr. Miller is a Continuing Professional Education instructor for CPAs/CAs in 30 states, Puerto Rico, and Canada.
Fair value is like no other accounting anyone has ever seen. What a company pays for an asset, for example, might not be the price that is shown on its balance sheet. Few smaller companies understand fair value. It’s not presently taught in college curricula because it’s not on the CPA exam. Many auditors, especially those in smaller firms, have no idea how to implement it. The upside is that the fair value arena can be a lucrative service niche for those who will make a serious investment in training to learn.
Who Should Attend
This is an advanced course, and experience is required. Attendees must have prepared valuation reports in at least two engagements under SFAS 141/141(R) and in at least two engagements under SFAS 142. It is not for those who have never done work under SFAS 141/141(R) and 142 and are looking to learn how so that they can begin working in this niche. (The CTI course, Valuation for Financial Reporting Workshop is recommended for those practitioners.)
Pricing 2009
2009 Package Pricing
(Before early registration discounts.)...........Non-Member.............Member
Two-Day Workshop...................................................$1,300..................$1,170
NASBA Sponsorship
NACVA and the IBA are 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: http://www.nasba.org.
