Fvs Podcasts

This is a refreshed version of an episode from October 2022. Professor Matthew Shaffer shares his journey into the field of accounting and his interest in corporate governance, valuation, and the market for corporate control. His article, "Why Value the Enterprise and Route to the Equity," explores the rationale behind using enterprise value evaluations in M&A settings instead of directly valuing equity. Josh and Matt discuss:   Accounting as a fundamental framework for understanding business activities and market movements. Impact of Non-Recurring Items on Valuation Methods: Future of valuation research and its integration into academic curricula Guest: Matthew Shaffer, Ph.D., Asst. Professor, USC Marshall School of Business Host: Josh Shilts, CPA/ABV/CFF/CGMA, Shilts CPA Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESO

Plan early! The Tax Cut and Jobs Act (TCJA) significantly increased the estate tax exemption and there is uncertainty around whether it will be extended or modified. It's recommended to plan early and not wait until the last minute to ensure all necessary legal and valuation work can be completed in time. Greg Saunders and Lisa Cribben explore the complexities of estate planning and valuation, emphasizing the importance of early and continuous planning. They discuss various strategies to manage and reduce estate taxes, the critical role of valuation appraisers, and the potential impact of upcoming changes in tax laws. Guest: Lisa Cribben, CPA/ABV, Partner, Hawkins Ash CPA   Host: Gregory Saunders, CPA/ABV, Sr. Manager, Keiter CPAs Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you’re using a p

In this interview, Dave and Natalya discuss several significant court cases related to gift and estate tax valuations, ESOPs, and control issues in business valuations.  Throughout the discussion, they emphasize the need for careful planning and the potential implications of court decisions on future valuation practices: Controversial Connolly Case which included life insurance proceeds in the value of a company for estate tax purposes Importance of Proper Valuation Methods: The discussion emphasized the need for accurate and appropriate valuation methods, particularly in ESOP cases Valuation professionals must stay informed about legal precedents and be prepared to adapt their methods accordingly Guest:  Natalya Abdrasilova, Director of Valuation and Litigation Services, BDM PC Host: David Consigli Jr. , Partner, FAZ Forensics Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation pr

This interview was recorded on 10/28/24 at the AICPA-CIMA Forensic and Valuation Services Conference prior to the presidential election on 11/5.  Economic issues discussed are still relevant as of the publish date11/21/24 Don’t miss this deep dive into the cost of capital and its implications for businesses and investors Nunes and Harrington, both from Kroll, share a macroeconomic update with the FVS podcast, focusing on the cost of capital and its valuation impact. The U.S. economy is performing better than expected, avoiding a recession and potentially achieving a soft landing, with inflation under control. The interview touches on the: Current and future interest rate environment Potential impacts of AI on the economy Sustainability of government debt Future of energy costs, particularly the role of nuclear energy Guests:   Carla S. Nunes, CFA, ABV, Managing Director, Kroll James P. Harrington, Director, Kroll Host:  Nene Glenn Gianfala, CPA, ABV, Chaffe & Associates Please share your thoughts about

Roger Grabowski has made numerous contributions to the field of valuation, particularly in forecasting cash flows using the discounted cash flow method (DCF). Roger speaks with Josh about the evolution of valuation practices and emphasizes the importance of understanding historical growth and differentiating between organic growth and growth through acquisitions. Topics discussed include: The importance of learning about the company and its management Thank you, Shannon Pratt - writing and presenting technical topics in an accessible manner Realistic forecasting and understanding the investment philosophy of business owners:  Guest: Roger J. Grabowski, FASA, Senior Advisor, Kroll  Host: Josh Shilts, CPA/ABV/CFF/CGMA, Shilts CPA Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION AICPA FVS Section me

This is the 2nd of a two-episode interview with Rod Burkert who is a valuation practice coach and advisor. If you have not listened to Part 1 – consider listening now .  Rod views AI as a tool, and like how professionals learned to use Excel and Word, he encourages a mindset shift to familiarize oneself with AI and its potential applications in business valuation.  How to prompt so AI understands where you are coming from and gives you better results Consumers' expectations for professionals to incorporate AI into their practices and use AI to save time and money AI-related tools to help your staff up the learning curve.   Practical examples of how to use AI to assist with marketing and industry knowledge Guest:  Rod Burkert, CPA/ABV, Burkert Valuation Advisors Host: Josh Shilts, CPA/ABV/CFF/CGMA, Shilts CPA Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a messag

The authors of the Eye on Fraud article on the same topic, Howard Silverstone and Sean Sauder, explore historical and modern examples of music fraud, including "payola," artist fraud, and streaming fraud, and discuss industry measures to combat these issues, including: Streaming fraud: bots, click farms, and playlisting scams Impact of fraud on artists and the industry, such as royalty fraud and illegal downloading The role of forensic accountants and the use of specific software and global task forces to fight streaming fraud Guests:  Howard Silverstone, CPA/CFF, Executive Vice President, JS Held Sean Sauder, Senior Consultant, JS Held Host: Elizabeth Woodward, CPA/CFF, Forensic Accounting Director, Dean Dorton Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that d

Pod Squad host Nene Gianfala discusses how to support company specific risk and reconciliation with our experts fresh out of their session at the FVS conference.  Their conversation covers complex topics including: Understanding projected financial information (PFI) Quantifying company specific risk premium Reconciling WACC, WARA and IRR Complying with disclosure requirements and Learning the story behind the numbers. Guests:  Charles Gallman, CPS/ABV, Managing Director, Advisory Services, Grant Thornton Ross McSwain, ABV, Sr. Manager, Advisory Services, Grant Thornton Host:  Nene Glenn Gianfala, CPA/ABV, Vice President – Valuation Advisory Group, Chafe & Associates Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please

Join us for the AICPA & CIMA Forensic & Valuation Services Conference from October 28-30 in Dallas, featuring special ticketed networking events. You can attend in person or virtually but attending in Dallas provides unmatched networking with FVS professionals. Register by September 13 to get a $150 early bird discount.  Here's what's in store:  Keynote speech by Rebecca Ryan, a futurist and economic expert Litigation Talk Series on courtroom perspectives and Daubert challenges AI sessions on practical applications and best practices for valuation and forensic work Micro sessions on various topics, offering bonus CPE and quick insights Beginner sessions on hot fraud topics, shareholder disputes, and more Guests: Brian Burns, CPA/ABV/CFF, Partner Forvis Mazars LLP  Jolene Fraser, CPA/CFF, Managing Director, Eisner Advisory Group LLC  Host: Frank Previti, CPA/CFF, Partner, DiSanto Priest & Co. Please share your thoughts about the episode - click here to leave us a review   Want to get involved wit

Rod and Josh discuss the impact of artificial intelligence (AI), on business and life:  the talent crunch in the business valuation profession and the high salaries offered by large firms make it difficult for smaller firms to hire junior analysts. Imagine growing your business without being able to hire additional staff - could AI be a solution to this constraint?   Key takeaways: The importance of familiarizing oneself with AI and its potential applications in business valuation How AI can be used to do a lot of tasks that you would hire a junior analyst to do. Make time to learn the tool.  See the show notes for a list of great resources Practical examples of how to use AI to assist with writing and due diligence prep Guest:  Rod Burkert, CPA/ABV, Burkert Valuation Advisors Host: Josh Shilts, CPA/ABV/CFF/CGMA, Shilts CPA Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation progra

FVS experts must keep abreast of AI’s influence on fraud and forensic accounting, utilizing it prudently and mindful of its constraints and misuse risks.  Following the publication of the 2nd quarter Eye on Fraud report, we converse with the authors to learn about the four categories of AI and spotlight both the dangers and advantages of each type: Reactive machines Limited memory Theory of mind Self-awareness Guests:  Clay Kniepmann, JD, CPA/CFF/ABV, Anders CPA and Advisors David Zweighaft CPA/CFF, CFE DSZ Forensic Accounting & Consulting Services Host: Frank Previti, CPA/CFF, Partner and Director of Fraud, Forensic & Transaction Advisory Services, DiSanto Priest & Co. Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the reso

For our final bankruptcy episode, we are in conversation with Clint Neider from AlixPartners. Clint shares his passion for the critical role valuation plays in bankruptcy restructuring.  Restructuring requires a combination of science and art, as well as the ability to play the role of a finance professional and a therapist.  Clint shares: What skills make a successful restructuring practitioner How valuations impact the negotiation process Learning to educate, counsel, and provide guidance to the Court Guest: Clint Neider, CPA/ABV, AlixPartners, Restructuring Group Host: Josh Shilts, CPA/ABV/CFF/CGMA, ASA, CFE. Shilts CPA, PLLC Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs t

Elizabeth Woodward converses with Denise Harding, a speaker at the 2023 AICPA-CIMA Forensic and Valuation Services Conference.  Denise provides insight into the Dark Web, addressing typical misunderstandings, as well as offering advice to help professionals: Capitalize on their forensic accounting expertise in cryptocurrency-related endeavors,  Illustrate the tools frequently used in these types of assignments, and Establish best practices for efficient engagement management.  Guest: Denise Harding, CPA/CFF, CFE, Forensic Accountant, Navel Criminal Investigative Service (NCIS) Host: Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director, Dean Dorton  Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https

While it has been thousands of years since the Greek mathematician, Thales, developed the first known option contracts to corner the market for olive presses ahead of the annual harvest, financial instruments continue to proliferate in both type and complexity.   Faisal Lakhani of CBIZ Valuation Group specializes in advising clients in this area and shares his expertise to provide an overview to help us better understand what these instruments are, and how they are valued, including: Categories and classification of complex financial instruments Valuation approaches and methods Influence of market volatility, liquidity constraints, and broad macro-economic conditions on value Industry guidance resources available to valuation practitioners, auditors, and financial professionals Guest: Faisal Lakhani, CFA, ABV, Managing Director, CBIZ Valuation Group Host: Howard Mah-Lee, CFA, CAIA, ABV, AICPA Valuation Services Please share your thoughts about the episode - click here to leave us a review   Want to get invo

Dave and Greg's conversation underscores a universal truth in any career path:  mentoring is critical for the nurturing of emerging professionals - new hires, and those in career transition, during their first 5 years as a valuation professional.  It plays a crucial role in career development and organizational culture, as well as allows the mentor to: Share the enthusiasm for the work they do, and the desire to keep learning Make sure students and younger professionals know that BV is a career path if Accounting, Auditing, or Tax is not their jam   Make sure emerging professionals understand the why of the engagement Co-hosts David Consigli, CPA/ABV, CDFA, FAZ Forensics  Greg Saunders, CPA/ABV, ASA, Keiter CPA Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that do

Josh Shilts meets with fellow pod squadder Elizabeth Woodward to hear about her unique entry into bankruptcy-related work.   Elizabeth discusses her path, the diverse businesses she has managed as a fiduciary, and the differences that exist when testifying in a non-confrontational forum.   Her role often requires her to be accountable to the court and creditors, ensuring transparency and integrity throughout the bankruptcy process. Guest:  Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director, Dean Dorton Host: Josh Shilts, CPA/ABV/CFF/CGMA, ASA, CFE. Shilts CPA, PLLC Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION 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.  Related p

The Fraud Risk Management Guide provides a comprehensive framework for assessing and managing fraud risks in any organization. Elizabeth, Jonathan, and Lynda discuss the guide and its benefits for AICPA members. The guide is a joint product of the Committee of Sponsoring Organizations (COSO) and the Association of Certified Fraud Examiners (ACFE) with contributions from various organizations and experts, including the AICPA. The guide can help practitioners audit their fraud risk management programs, train and educate board members and other stakeholders, benchmark their performance against best practices, and remediate any identified issues. Guests: Lynda Schwartz, CPA/CFF/CGMA CFE, University of Massachusetts Amherst, Director of Forensic Curriculum Jonathan T. Marks, CPA, CFF, CITP, CGMA, CFE, & PI, Partner, BDO - Forensic & Investigation Services Host: Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director, Dean Dorton Please share your thoughts about the episode - click here to leave

Jessica and Jordan join us as we delve into the topic of reasonable compensation adjustments in business valuation. Our experts discuss various methods for calculating reasonable compensation, identify available sources of information, and share their insights on applying professional judgment in determining when an adjustment is warranted. Don't miss this opportunity to learn how to recognize, apply, and distinguish between sources for reasonable compensation.  Guests: Jessica Landay, ABV, ASA, CVA, MAFF, Harper Hofer & Associates, LLC Partner Jordan Graves, CPA/ABV, CFF Cooper Norman CPA's Principal Host: Greg Saunders, CPA/ABV, ASA, Keiter CPA Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvsse

Get set for the first of a series of episodes highlighting opportunities for FVS practitioners in bankruptcy, Ken and Josh “sit” to discuss some of the tenets of his practice.  Ken tells us about the types of bankruptcy (Chapter 7, Chapter 11, etc.) as well as the services that FVS practitioners can provide. We also hear about the types of clients (i.e. attorneys, debtors, creditor committees, etc.) as well as best practices advice from Ken on managing a bankruptcy practice.  Guest:  Kenneth DeGraw, CPA/CFF, CFE, CFP, Partner, Forensic & Valuation Services, Withum Host: Josh Shilts, CPA/ABV/CFF/CGMA, ASA, CFE. Shilts CPA, PLLC Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs t

There are nuances to dealing with real estate in the valuation of operating companies or real estate holding companies. Lisa and Chris tackle the important considerations for business valuation appraisers such as: Implications for your analysis and the applied valuation approaches, as well as your overall conclusion of value Tax consequences due to built-in capital gains The nature of right-of-use assets and liabilities Guests:   Lisa Cribben, CPA/ABV, ASA, CMA, Partner, Hawkins Ash CPA  Chris Volz, CPA/ABV/CFF, ASA, Partner, Wipfli LLP  Host: Greg Saunders, CPA/ABV, ASA, Keiter CPA Please share your thoughts about the episode - click here to leave us a review   Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com RESOURCES FOR FURTHER EXPLORATION 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.  An