This comprehensive masterclass is designed for CPAs and accountants, focusing on the intricacies of business valuations. Participants will delve into the AICPA Statement on Standards for Valuation Services, explore real-world valuation reports, and analyze IRS court cases to gain a deep understanding of valuation methodologies and standards. The course addresses key challenges faced by professionals in conducting business valuations, offering practical insights and strategies to enhance valuation skills.
Course Outline:
- Introduction to Business Valuation: What is it? Value types, key elements, and the CPA's role.
- Valuation Methods: Demystifying the income, asset, market, and IRS approaches to valuation.
- AICPA Standards & Professional Conduct: Upholding ethical and professional standards in valuation engagements.
- Practical Considerations for Small Businesses: Debt paying ability, industry averages, comparable sales, discounted cash flow, and more.
- Putting It All Together: Case studies, ethical considerations, and continuous learning to stay ahead.
Prerequisites:
- A familiarization with business valuations
- No advanced preparation needed
Accreditation Information:
- NASBA Delivery: QAS Self-Study
- NASBA Field of Study: Accounting 3 hrs
- NASBA National Registry of CPE Sponsors: Pending
- NASBA Publication Revision Date: 8/2022