Gary R. Trugman CPA, ABV, ASA, MVS

President, Trugman Valuation Associates, Inc.

Gary R. Trugman is a Certified Public Accountant licensed in the states of Florida, New Jersey, and New York (inactive). He is accredited in Business Valuation (ABV) by the American Institute of CPAs. He is also an Accredited Senior Appraiser (ASA) in Business Valuation by the American Society of Appraisers. Gary is regularly court appointed and has served as an expert witness in Federal and state courts throughout the United States, testifying on business valuation, matrimonial matters, business and economic damages and other types of litigation matters.

Gary is the past-chairman of the Constitution and Bylaws Committee, past-chair of the Ethics Committee, past-chair of the Business Valuation Education Subcommittee, and a past elected member of the Business Valuation Committee of the American Society of Appraisers. Gary was formerly on the American Institute of CPAs, ABV Examinations Task Force, Subcommittee Working with the Judiciary, ABV Credentials Committee, Executive Committee of the Management Consulting Services Division, and the Business Valuation Subcommittee. He is the former Chairman of the Florida Institute of CPAs' Litigation, Forensic Accounting and Valuation Services Section and was formerly on the New Jersey Society of CPAs' Litigation Services Committee, Business Valuation Subcommittee (past-chairman) and Matrimonial Committee.

Gary is former Chairman of the Ethics and Discipline Committee, and formerly served on the Qualifications Review Committee and is the former Regional Governor of the Mid-Atlantic Region of The Institute of Business Appraisers Inc. He has received a "Fellow" Award from The Institute of Business Appraisers Inc. for his many years of volunteer work in the profession. Gary has also received an AICPA "Hall of Fame" Award for his service to the accounting profession in assisting in the accreditation in business valuation process. Gary formerly served on the International Board of Examiners of the American Society of Appraisers. He has also beenĀ a faculty member of the National Judicial College, educating judges around the country.

Gary lectures nationally on business valuation topics. He is the author of a textbook entitled Understanding Business Valuation: A Practical Guide to Valuing Small to Medium-Sized Businesses, now in its 5th edition, and an e-book entitled Essentials of Valuing a Closely-Held Business, both published by the American Institute of CPAs. He has also developed numerous educational courses, including but not limited to, a six day business valuation educational series and a seminar entitled Understanding Business Valuation for the Practice of Law for the Institute of Continuing Legal Education. Gary also serves as an editorial advisor for the Journal of Accountancy, The CPA Expert, Business Valuation Update, and formerly for National Litigation Consultants= Review and the CPA Litigation Service Counselor. He has lectured in front of numerous groups and has been published in the Journal of Accountancy, FairShare and The CPA Litigation Service Counselor.

Gary was born in New York and received his undergraduate degree from The Bernard M. Baruch College of the City University of New York. He was the first business appraiser in the United States to earn a Masters in Valuation Sciences from Lindenwood College. His Master's Thesis topic was "Equitable Distribution Value of Closely Held Businesses and Professional Practices". Gary's appraisal education also includes various courses offered by The Institute of Business Appraisers, the American Society of Appraisers, the American Institute of CPAs and others. He has taught federal income taxation at Centenary College, financial statement analysis in the master's degree program at Lindenwood College, and several topics at the AICPA National Tax School in Champaign, Illinois. Gary was an adjunct professor teaching a valuation course at Florida International University. He is a member of the American Society of Appraisers, the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants.