Career & Business Development in Times of Disruption

Nov 8, 2021 1:45pm ‐ Nov 8, 2021 3:00pm

Identification: FVC2115

In today's times, change is all around us - personally and in the workplace. How do you leverage your career and business development while learning and adapting to a new normal - or, rather, the evolving new normal.

Learning Objectives:
  • Discuss best practices and tips in current career and business development
  • Understand the importance of adapting and remaining relevant while developing your career during times of disruption and/or change

Shareholder Oppression: Advising Clients on Shareholder Disputes

Nov 8, 2021 1:45pm ‐ Nov 8, 2021 3:00pm

Identification: FVC2114

Business owners' management of the relationships among executives, board members, and shareholders can be an after-thought until disputes arise at which point the cost and risk to the business and its owners may be severe.    Forensic accountants and valuation professionals can play an important role in assisting business owners and their counsel in the evidentiary and valuation aspects of these matters.  This session will highlight the legal elements to shareholder oppression disputes and the limitations of certain perceived protective measures.  The session will then address the roles of financial experts, investigations into oppressive conduct, and valuations.  The session will close with case studies and examples for practical insights.

Learning Objectives:
  • Understand Legal Elements and Common Techniques of Shareholder Oppression
  • Understand the Role of the Financial Expert and Conducting Investigations into Shareholder Oppression
  • Understand Valuation Implications involving Standards of Value and Other Relevant Aspects
  • Observe Case Studies for Practical Insights for Supporting these Matters

Being Right Isn't Always Enough: Strategies for Presenting Persuasive Expert Trial Testimony in Complex Damages Cases

Nov 8, 2021 1:45pm ‐ Nov 8, 2021 3:00pm

Identification: FVC2112

Experienced trial counsel and consultants will share successful strategies that have helped experts in complex damages cases testify more persuasively at trial. This panelists will discuss how experts can present damages as a compelling story and how they can effectively use graphics to help jurors better understand complex damages concepts and calculations.

Learning Objectives:
  • Learn how experts can effectively utilize graphics to present persuasive expert trial testimony in complex damages cases
  • Learn how experts can effectively tell a persuasive "story" in complex damages cases
  • Learn strategies for becoming a more persuasive expert at trial by utilizing effective presentation techniques

Healthcare and Valuation: Current Trends and Implications to the Industry

Nov 8, 2021 1:45pm ‐ Nov 8, 2021 3:00pm

Identification: FVC2116

Healthcare valuations require an appraiser to understand the various regulations that only impact healthcare valuation, the trends in the healthcare market, and other healthcare specific terminology and nuances. this session to provide an appraiser an introduction to the various considerations an appraiser that works in this space needs to understand.

Learning Objectives:
  • Understand current trends in healthcare transactions and the different valuation related services provided including business valuation, valuation of compensation arrangements, and valuation of lease arrangement s
  • Understand the various nuances to healthcare valuations including terminology, benchmarks, regulations, and reimbursement trends.

Annual Damages Case Law Update

Nov 8, 2021 3:25pm ‐ Nov 8, 2021 4:15pm

Identification: FVC2119

The presentation will cover highlights from this year's Annual Damages Case Law Update, along with an overview of the growing repository of case law briefs being accumulated for AICPA FVS members. The case law update will cover a mix of commercial damages and intellectual property cases.

Learning Objectives:
  • Understand the hierarchy of case law relevant to damages practitioners.
  • Identify cases relevant to the determination of damages.

Not All Working Capital is Created Equal

Nov 8, 2021 3:25pm ‐ Nov 8, 2021 4:15pm

Identification: FVC2117

Working capital analyses is an often under looked component of preparing a credible business valuation which can have a very large impact on the ultimate conclusion of valuation reached. Two experienced practitioners will guide the audience through the application of working capital principles beginning with the basic origins and theory of the concepts. The session will include a discussion of various sources of data available for use in the analyses. The session will also include real world examples using different methodologies and a discussion of best practices.

Learning Objectives:
  • Understand the theory behind working capital analyses
  • Identify sources for market data
  • Learn multiple methodologies for use in practice
  • Avoid potential pitfalls inherent in working capital analyses

Fraud Risk Assessments

Nov 8, 2021 3:25pm ‐ Nov 8, 2021 4:15pm

Identification: FVC2118

Risk assessments are part of the discipline of risk management, where enhanced frameworks and techniques have emerged. Risk management comprises the identification, assessment, and prioritization of risks followed by the coordinated and efficient use of resources to monitor, minimize, and otherwise control the impact of the risks on the organization.

Risks arise in many forms and can range from uncertainty in financial markets, operational failures, natural disasters, and pandemics, to legal liabilities and reputational harms.

This session will focus on fraud risk assessment and how to conduct the assessment and how to use it effectively.

Learning Objectives:
  • Learn a best in class methodology for conducting a fraud risk assessment.
  • Understand how to use the fraud risk assessment to enhance your ethics training.
  • Identity common pitfalls in the fraud risk assessment process.

COVID-19 and the Path to Recovery — Lessons Learned About Cost of Capital

Nov 8, 2021 3:25pm ‐ Nov 8, 2021 4:15pm

Identification: FVC2120

COVID-19 has had a profound and ongoing impact on financial markets and economies around the world. The recession that ensued was the worst since World War 2, but the recovery has been fast by historical patterns in places like the U.S. and China, due to the unprecedent support provided by monetary and fiscal policies. This session covers some of those trends and their impact on cost of capital assumptions and related valuation considerations.

Learning Objectives:
  • Describe the impact of fiscal policy on real GDP growth during the COVID-19 pandemic and subsequent recovery
  • Discuss the impact of major central banks’ monetary policies on safe-haven government bond yields
  • Identify industries most impacted by the pandemic and those benefitting from the recovery
  • Evaluate the adjustments that may be needed to projected growth in cash flows and discount rates

Don’t miss the Bar: Standards and Ethics

Nov 8, 2021 3:25pm ‐ Nov 8, 2021 4:15pm

Identification: FVC2121

For experts, it is critical to understand the interplay of the various standards and state statutes that impact our practice. Navigating these standards and professional ethics at times can be challenging. This course will bring clarity by highlighting the overlap of the AICPA Code of Professional Conduct, state statutes, SSVS and SSFS. After attending this program, participants will be able to prepare to answer deposition questions relative to code of professional conduct, identify ethical issues with opposing expert reports, recognize when SSFS #1 applies, and how to avoid ethical issues in practice.

Learning Objectives:
  • Understand the code of professional conduct to be prepared to respond to deposition questions
  • Identify ethical issues with opposing expert reports
  • Recognize when SSFS #1 applies to work
  • Learn how to avoid ethical issues in practice

FVC OQP Discussion

Nov 9, 2021 9:15am ‐ Nov 9, 2021 9:40am

Identification: FVC2159