Case Studies in Business Valuation: Developing Defensible Conclusions
8.00 Credits
Member Price $375
Non-Member Price $475
Overview
This event is offered in collaboration with the Minnesota Society of CPAs.
Move beyond valuation concepts and into practitioner decision-making. Through practical valuation scenarios and case-based exercises, evaluate common judgment areas, test assumptions for reasonableness, reconcile conflicting valuation evidence, document support for conclusions and communicate defensible valuation opinions. Using an evidence-based framework, learn how to define valuation issues, develop supportable analyses, evaluate assumptions and communicate results clearly and effectively. Also learn about practical applications and limitations of AI in valuation analysis, documentation, review and reporting. Leave with greater confidence in developing, defending and communicating valuation opinions.
Highlights
- Valuation engagement decisions and professional standards.
- Development of valuation analyses.
- Reasonableness testing and reconciliation.
- Levels of value, discounts, and premiums.
- Documentation, reporting and professional practice.
- Practical uses and limitations of AI in valuation practice.
Prerequisites
Working knowledge of basic business valuation concepts, including valuation purposes, standards of value, income methods, market methods and asset-based methods.
Designed For
CPAs, valuation professionals, financial analysts, and others with foundational business valuation knowledge who want to strengthen their practical valuation, documentation and reporting skills.
Objectives
- Identify engagement decisions that affect the development and reporting of a valuation opinion.
- Apply practitioner judgment to valuation scenarios involving valuation methods, assumptions and adjustments.
- Evaluate valuation assumptions using reasonableness tests and supporting evidence.
- Reconcile conflicting valuation indications, assumptions and levels of value.
- Document valuation analyses and conclusions to support a defensible opinion.
- Communicate valuation conclusions clearly in written reports.
- Recognize appropriate uses and limitations of AI in valuation analysis, documentation, review and reporting.
Preparation
None
Leader(s):
Leader Bios
Shawn Stumphf, CPA, ABV, CFE, ASA-BV, Unidentified Firm
Dr. Shawn Stumphf, CPA, ABV, CFE, ASA-BV is a consultant and recognized expert in business valuation, forensic accounting, and economic damage analysis. He has nearly two decades of experience in accounting, finance and consulting, with a primary focus on valuation and financial dispute matters.
Dr. Stumphf has authored over 1,000 valuation and consulting reports and has testified as an expert witness in state and federal courts. His work involves complex financial disputes, including shareholder litigation, marital dissolution, wrongful death, and other high-stakes matters. He has performed valuations of businesses ranging from small owner-operated companies to international enterprises, with revenues from under $1 million to over $500 million, with a primary focus on closely held and middle-market businesses.
In addition to his consulting practice, Dr. Stumphf serves as assistant professor of practice in finance at North Dakota State University.
Non-Member Price $475
Member Price $375