Michael A. PaschallMichael A. Paschall
Michael Paschall, ASA, ABV, CFA, JD, a Managing Director of Banister Financial, Inc. Business Valuations, is an Accredited Senior Appraiser (ASA) in business valuation of the American Society of Appraisers, Accredited in Business Valuation (ABV) by the American Institute of Certified Public Accountants (AICPA), and is a Chartered Financial Analyst (CFA) charter holder.
Prior to joining Banister Financial, Paschall held positions in credit analysis and trust investments for First Union National bank (now Wells Fargo Bank), where he valued a wide variety of privately held companies and partnerships. Paschall obtained a B.A. in English and Economics from the University of North Carolina at Chapel Hill and a J.D. from Wake Forest University Law School.
Paschall is co-author (along with George Hawkins of Banister Financial) of Business Valuation Guide, a book now in its twentieth edition (2019). Paschall was also formerly co-editor of Business Valuation Alert, a national quarterly business valuation journal. Paschall has also authored articles on business valuation topics for leading professional publications.
A frequent speaker, Paschall has served as a guest lecturer at Wake Forest University School of Law and has spoken at the Business Valuation Conference of the American Institute of Certified Public Accountants (AICPA), the Business Valuation Conference of the American Society of Appraisers (ASA) and the National Trust Closely Held Business Association.
Paschall also has spoken to numerous local, regional and statewide sections of various Bar Associations in the Southeast. Paschall has also served as a panelist in various national teleconferences on valuation for business appraisers.
Paschall is qualified as an expert witness in business valuation in various state courts and arbitration matters and has been appointed as an independent appraiser by the courts. Paschall has been retained by the United States Justice Department to provide consulting expertise on business valuation issues in the healthcare industry.
Paschall has previously served as Chair of the Ethics Committee of the American Society of Appraisers and as an Advisor to the Society's International Board of Examiners (Business Valuation Section). This Board approves candidates for accreditation by reviewing submitted business valuation reports for technical competency. Prior to his role as an Advisor, Paschall served as an Examiner for the Board of Examiners.