Business Valuation Conference - VIRTUAL

At the beginning of 2023, most economists predicted the U.S. would enter a recession over the next six months or so. With each passing month, forecasters pushed out the date of its start. What happened? Did forecasters blow it (again)? Identify what constitutes a recession and analyze current economic and financial data to determine trends. Draw comparisons between what's happening now, economically and financially, to previous periods of recession. Dr. Banaian offers a bit of a mea culpa as he was one of the forecasters who DID predict a recession. How do you learn from your mistakes? How does a forecaster evaluate her or his work and report when they have erred?

Explore the dynamic landscape of the business valuation profession, dissecting the current trends, challenges and opportunities that are shaping its future. Discuss the current size of the profession, the average age of business appraisers and what that means for our future. In addition, examine what is driving the need for valuation services today and what the future might hold for the profession.

Look into practice management tips and tactics for improved efficiencies and profitability within your business valuation, forensic and litigation support (BVFLS) practice. Explore ways to effectively manage and motivate a hybrid, post-pandemic workforce. Gain insights on how to maintain a healthy work-life balance and tips for marketing your practice effectively. Sample reports will also be touched upon.

Delve into how attorneys evaluate and use valuation reports, focusing on what attorneys are particularly keen on when scrutinizing these reports. Get an overview of the estate planning valuation field, with a special emphasis on the controversies that are currently shaping the narrative, from debates on discount rates, marketability and control adjustments to the role of tax-affecting in valuations. Also, explore the courts' perspectives on these controversies by analyzing recent legal cases and IRS challenges.

Explore the most common methods used to value professional practices, including the use and abuse of the excess earnings method and multi-attribute utility model (MUM) factors. Touch on the nuances associated with various industries, such as law, health care, dentistry, veterinary medicine and others. Sort out enterprise versus professional goodwill and review some helpful sources of information, including articles and case law.

All roads lead to Rome, but different valuations don't always end up at the same number. Take a closer look at how actual deal valuation differs from non-transaction valuations. Review the most important value drivers sophisticated buyers look for and the power of synergies and adjacencies in driving M&A value. Examine how deal structure can have a big impact on deal valuation.

With the end of 2023, it's time for an annual review of court cases that have impacted the business valuation and litigation support professions. Dig into cases on a wide range of topics, including shareholder disputes, family law, trust disputes, lost profits and tax issues. Gain insight on what the courts look for and discuss recent significant court decisions.