This course is designed to be a supplement to the introductory course on business valuations. It will also cover the aspects of writing the business valuation report. What needs to be included in the report, sections of the report, formatting the information, analyzing the information, and presenting the information in the valuation report. We will discuss where to obtain information, how to properly cite information, and format the sections of the report. We will also discuss items to include to make it easier to defend the report in a deposition or trial.
Publication Date: August 2022
Designed For
Anyone who is interested in business valuations or developing business plans.
Topics Covered
- Valuing a Business
- Valuation Engagements
- Common Valuation Approaches
- Federal Rules of Evidence
- Using Secondary Evidence
- Business Valuation Report
- Report Contents
- Assumptions & Limiting Conditions
- Scope Limitations
- Hypothetical Conditions
- Sources of Information
- Purpose, Standard and Premise of Value
- Why Do You Need an Economic Outlook?
- Economic Outlook Reports
- Company Description
- Financial Analysis
- Valuation Methods Rejected
- Valuation Methods Accepted
- Cash Flows to Be Discounted
- Discounts & Premiums
- Conclusion of Value
Learning Objectives
- Identify the sections of a business valuation report
- Recognize the best approach for finding the valuation of an ownership interest in a public company
- Identify what would use an agreed upon approach and method to determine the value of a business
- Describe what is not an appropriate method for citing your sources
- Describe what is not normally included in the report
- Recognize sections of a valuation report and where they are located within the report
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Specialized Knowledge (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Robert K Minniti
DBA, CPA, CFE, Cr.FA, CVA, MAFF, CFF, CGMA, PI
Dr. Minniti is the President and Owner of Minniti CPA, LLC. Dr. Minniti is a Certified Public Accountant, Certified Forensic Accountant, Certified Fraud Examiner, Certified Valuation Analyst, Certified in Financial Forensics, Master Analyst in Financial Forensics, Chartered Global Management Accountant, and is a licensed private investigator in the state of Arizona.
Dr. Minniti received his doctoral degree in business administration from Walden University, received his MBA degree and Graduate Certificate in Accounting from DeVry University’s Keller Graduate School of Management, and received his Bachelor of Science in Business Administration degree from the University of Phoenix. Dr. Minniti taught graduate and undergraduate courses in forensic accounting at DeVry University, Grand Canyon University, Kaplan University, Northwestern University, and the University of Phoenix. He designed graduate and undergraduate courses for Grand Canyon University, Northwestern University, and Anthem College.
He is a writer and public speaker. He has experience in forensic accounting, fraud examinations, financial audits, internal audits, compliance audits, real estate valuations, business valuations, internal control development, business continuation planning, risk management, cyber security, privacy laws, data security, Sarbanes-Oxley compliance work and business consulting. In addition to his practice Dr. Minniti is an instructor teaching continuing professional education classes for a variety of providers and CPA Societies.
Dr. Minniti is currently serving as a board member on the National Association of Certified Valuators and Analysts' (NACVA) Litigation Forensics Board (LFB) and as a committee member on the Arizona State Board of Accountancy's Law Review Advisory Committee.