Forensic and Valuation Services (FVS)

Join us for the AICPA & CIMA Forensic & Valuation Services Conference from October 28-30 in Dallas, featuring special ticketed networking events. You can attend in person or virtually but attending in Dallas provides unmatched networking with FVS professionals. Register by September 13 to get a $150 early bird discount.  Here's what's in store: 

• Keynote speech by Rebecca Ryan, a futurist and economic expert
• Litigation Talk Series on courtroom perspectives and Daubert challenges
• AI sessions on practical applications and best practices for valuation and forensic work
• Micro sessions on various topics, offering bonus CPE and quick insights
• Beginner sessions on hot fraud topics, shareholder disputes, and more

Guests: Brian Burns, CPA/ABV/CFF, Partner Forvis Mazars LLP  Jolene Fraser, CPA/CFF, Managing Director, Eisner Advisory Group LLC  Host: Frank Previti, CPA/CFF, Partner, DiSanto Priest & Co.

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links. 

Links to register for training Oct 27-30 in Dallas: 2024 AICPA-CIMA Forensic and Valuation Services Conference, October 28-30, Dallas, TX.  To register.  Early bird discounts are available through Sept 13.  

• Attend in person or virtually
• AICPA members qualify for a $450 discount 
• FVS Section members, ABV, CFF, and CVFI credential holders qualify for a $550 discount
• Group discounts are available for as few as 2 people

The AICPA-CIMA Expert Witness Skills Workshop, Oct 28-30, Dallas TX.  Registration is in-person only and limited to 19 seats! Register by Sept 4 to pace your pre-workshop preparation. Participate in either the Economic Damages or Business Valuation Workgroup

Pre-conference workshops - in-person only

Workshop A: Legal Systems, Courts & Dispute Resolution Sunday, October 27 – 8:00 am – 12:00 pm CT 3.5 CPE Credits

Workshop B: Laws, Regulations & Guidance https://www.aicpa-cima.com/cpe-learning/conference/laws-regulations-guidance Sunday, October 27 – 1:00 – 5:00  pm CT 3.5 CPE Credits

Workshop C: Understanding Fair Value Accounting Sunday, October 27 – 9:00 – 4:30 pm CT 7 CPE Credits

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics and business valuation services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline and Merger Shark.

LEARN MORE ABOUT  Accredited in Business Valuation (ABV®) – Visit the home page and check out the ABV Infographic

Certified in Valuation of Financial Instruments (CVFI®) – Visit the home page and check out the CVFI infographic

Certified in Financial Forensics (CFF®) - Visit the home page and check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [email protected]

Rod and Josh discuss the impact of artificial intelligence (AI), on business and life:  the talent crunch in the business valuation profession and the high salaries offered by large firms make it difficult for smaller firms to hire junior analysts.

Imagine growing your business without being able to hire additional staff - could AI be a solution to this constraint?  

Key takeaways:

• The importance of familiarizing oneself with AI and its potential applications in business valuation
• How AI can be used to do a lot of tasks that you would hire a junior analyst to do.
• Make time to learn the tool.  See the show notes for a list of great resources
• Practical examples of how to use AI to assist with writing and due diligence prep

Guest:  Rod Burkert, CPA/ABV, Burkert Valuation Advisors Host: Josh Shilts, CPA/ABV/CFF/CGMA, Shilts CPA

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

 RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links. 

Rod will be a presenter at the 2024 AICPA-CIMA Forensic and Valuation Services Conference, October 28-30 in Dallas, TX.  CLICK HERE to register 

• Early bird discounts are available through Sept 13.  
• FVS Section, ABV, CFF, and CVFI save an additional $550. 

From the FVS Section webcast archive (available as a benefit to FVS Section members) The state of AI and machine learning in financial instrument valuation | FVS webcast archive

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals specializing in forensics and business valuation services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, and Merger Shark.

LEARN MORE ABOUT  Accredited in Business Valuation (ABV®) – Visit the home page and check out the ABV Infographic

Certified in Valuation of Financial Instruments (CVFI®) – Visit the home page and check out the CVFI infographic

Certified in Financial Forensics (CFF®) - Visit the home page and check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [email protected]

FVS experts must keep abreast of AI’s influence on fraud and forensic accounting, utilizing it prudently and mindful of its constraints and misuse risks. 

Following the publication of the 2nd quarter Eye on Fraud report, we converse with the authors to learn about the four categories of AI and spotlight both the dangers and advantages of each type:

• Reactive machines
• Limited memory
• Theory of mind
• Self-awareness

Guests: 

• Clay Kniepmann, JD, CPA/CFF/ABV, Anders CPA and Advisors
• David Zweighaft CPA/CFF, CFE DSZ Forensic Accounting & Consulting Services

Host: Frank Previti, CPA/CFF, Partner and Director of Fraud, Forensic & Transaction Advisory Services, DiSanto Priest & Co.

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links. 

 Full article  The Role of Artificial Intelligence in Forensic Accounting and Litigation Consulting | FVS Eye on FraudFVS Section benefits    The state of AI and machine learning in financial instrument valuation | FVS webcast archive

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.

LEARN MORE ABOUT  Accredited in Business Valuation(ABV) – Visit the home page and check out the ABV Infographic

Certified in Valuation of Financial Instruments (CVFI) – Visit the home page and check out the CVFI infographic

Certified in Fraud and Forensics (CFF) - Visit the home page and check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [email protected]

For our final bankruptcy episode, we are in conversation with Clint Neider from AlixPartners. Clint shares his passion for the critical role valuation plays in bankruptcy restructuring.  Restructuring requires a combination of science and art, as well as the ability to play the role of a finance professional and a therapist.  Clint shares:

• What skills make a successful restructuring practitioner
• How valuations impact the negotiation process
• Learning to educate, counsel, and provide guidance to the Court

Guest: Clint Neider, CPA/ABV, AlixPartners, Restructuring Group Host: Josh Shilts, CPA/ABV/CFF/CGMA, ASA, CFE. Shilts CPA, PLLC

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links.

Previously released Bankruptcy Briefings episodes:

• Navigating Financial Rebirth, Part 1 with Ken DeGraw
• Navigating Financial Rebirth, Part 2 with Elizabeth Woodward

Exclusive content – Free for FVS Section members

• Frequently asked questions when providing bankruptcy services
• Providing Bankruptcy and Reorganization Services, Vol. 1: Litigation and Dispute Resolution in Bankruptcy
• Providing Bankruptcy and Reorganization Services, Vol. 2: Valuation in Bankruptcy
• Bankruptcy at a glance: chapter 7
• Bankruptcy at a glance: chapter 11
• Bankruptcy at a glance: chapter 11, subchapter V 

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.

 LEARN MORE ABOUT  Accredited in Business Valuation(ABV) – Visit the home page and check out the ABV Infographic

Certified in Valuation of Financial Instruments (CVFI) – Visit the home page and check out the CVFI infographic

Certified in Fraud and Forensics (CFF) - Visit the home page and check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [email protected]

Elizabeth Woodward converses with Denise Harding, a speaker at the 2023 AICPA-CIMA Forensic and Valuation Services Conference.  Denise provides insight into the Dark Web, addressing typical misunderstandings, as well as offering advice to help professionals:

• Capitalize on their forensic accounting expertise in cryptocurrency-related endeavors, 
• Illustrate the tools frequently used in these types of assignments, and
• Establish best practices for efficient engagement management. 

Guest: Denise Harding, CPA/CFF, CFE, Forensic Accountant, Navel Criminal Investigative Service (NCIS)

Host: Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director, Dean Dorton 

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links.

Accountants and the battle against money laundering | FVS Eye on Fraud 

Anti-money laundering regulations for the U.S., Canada, and the European Union  

Fraud in the age of virtual currency | FVS Eye on Fraud 

While it has been thousands of years since the Greek mathematician, Thales, developed the first known option contracts to corner the market for olive presses ahead of the annual harvest, financial instruments continue to proliferate in both type and complexity.  

Faisal Lakhani of CBIZ Valuation Group specializes in advising clients in this area and shares his expertise to provide an overview to help us better understand what these instruments are, and how they are valued, including:

• Categories and classification of complex financial instruments
• Valuation approaches and methods
• Influence of market volatility, liquidity constraints, and broad macro-economic conditions on value
• Industry guidance resources available to valuation practitioners, auditors, and financial professionals

Guest: Faisal Lakhani, CFA, ABV, Managing Director, CBIZ Valuation Group Host: Howard Mah-Lee, CFA, CAIA, ABV, AICPA Valuation Services

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links. 

Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies - Accounting and Valuation Guide the“PE/VC” guide

• FVS Section members click here for complimentary access
• non-FVS Section purchase 

Valuation of Privately Held Companies Equity Securities Issued as Compensation the“cheap stock” guide

• FVS Section members click here for complimentary access
• non-FVS Section purchase 

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.

LEARN MORE ABOUT  Accredited in Business Valuation(ABV) – Visit the home page and check out the ABV Infographic

Certified in Valuation of Financial Instruments (CVFI) – Visit the home page and check out the CVFI infographic

Certified in Fraud and Forensics (CFF) - Visit the home page and check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [email protected]

Josh Shilts meets with fellow pod squadder Elizabeth Woodward to hear about her unique entry into bankruptcy-related work.  

Elizabeth discusses her path, the diverse businesses she has managed as a fiduciary, and the differences that exist when testifying in a non-confrontational forum.  

Her role often requires her to be accountable to the court and creditors, ensuring transparency and integrity throughout the bankruptcy process.

• Guest:  Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director, Dean Dorton
• Host: Josh Shilts, CPA/ABV/CFF/CGMA, ASA, CFE. Shilts CPA, PLLC

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links. 

Related podcast episodes

The Bankruptcy Briefings – Navigating Financial Rebirth, Part 1

Exclusive content – Free for FVS Section members

• Frequently asked questions when providing bankruptcy services
• Providing Bankruptcy and Reorganization Services, Vol. 1: Litigation and Dispute Resolution in Bankruptcy
• Providing Bankruptcy and Reorganization Services, Vol. 2: Valuation in Bankruptcy
• Bankruptcy at a glance: chapter 7
• Bankruptcy at a glance: chapter 11
• Bankruptcy at a glance: chapter 11, subchapter V 

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.

LEARN MORE ABOUT  Accredited in Business Valuation(ABV) – Visit the home page and/or check out the ABV Infographic

Certified in Fraud and Forensics (CFF) - Visit the home page and/or check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [email protected]

Dave and Greg's conversation underscores a universal truth in any career path:  mentoring is critical for the nurturing of emerging professionals - new hires, and those in career transition, during their first 5 years as a valuation professional. 

It plays a crucial role in career development and organizational culture, as well as allows the mentor to:

• Share the enthusiasm for the work they do, and the desire to keep learning
• Make sure students and younger professionals know that BV is a career path if Accounting, Auditing, or Tax is not their jam  
• Make sure emerging professionals understand the why of the engagement

Co-hosts David Consigli, CPA/ABV, CDFA, FAZ Forensics  Greg Saunders, CPA/ABV, ASA, Keiter CPA

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links. 

A career in business valuation An FVS micro-community (6 sessions:  July 24 – October 16) Application period:  May 16 – June 16, 2024.   Please complete a short survey to be considered for this program This interactive program is designed for professionals who have zero to 5 years of BV experience or plan to switch careers into valuation services.  Experienced facilitators from the AICPA’s BV Committee will provide guidance on the essential aspects of developing a career as a valuation professional.  This is a valuable opportunity for professionals who want to connect with their peers and get support in advancing their careers.  Participation is limited and complementary. 

Help my FLS Career micro-community – please contact Christine Cutti-Fox, Sr. Manager, FVS team  

AVAILABLE ON AICPA-CIMA.com

• Top 8 ways to build leaders in your firm (illustrated checklist)
• AICPA® PCPS Mentoring guide
• Coaching vs. Mentoring  
• How to develop and launch a mentoring program

The Fraud Risk Management Guide provides a comprehensive framework for assessing and managing fraud risks in any organization. Elizabeth, Jonathan, and Lynda discuss the guide and its benefits for AICPA members.

• The guide is a joint product of the Committee of Sponsoring Organizations (COSO) and the Association of Certified Fraud Examiners (ACFE) with contributions from various organizations and experts, including the AICPA.
• The guide can help practitioners audit their fraud risk management programs, train and educate board members and other stakeholders, benchmark their performance against best practices, and remediate any identified issues.

Guests:

• Lynda Schwartz, CPA/CFF/CGMA CFE, University of Massachusetts Amherst, Director of Forensic Curriculum
• Jonathan T. Marks, CPA, CFF, CITP, CGMA, CFE, & PI, Partner, BDO - Forensic & Investigation Services

Host: Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director, Dean Dorton

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links.

• Fraud Risk Management Guide, 2nd Edition   (FVS Section members see below)
• Fraud Risk Management Guide (second edition) Executive Summary
• Managing the Business Risk of Fraud: A Practical Guide 

Available as a benefit to FVS Section members

• Fraud Risk Management Guide (second edition)
• Business fraud risk framework 
• Understanding the forensic technology landscape

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.

LEARN MORE ABOUT  Accredited in Business Valuation(ABV) – Visit the home page and/or check out the ABV Infographic

Certified in Fraud and Forensics (CFF) - Visit the home page and/or check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [email protected]

Jessica and Jordan join us as we delve into the topic of reasonable compensation adjustments in business valuation. Our experts discuss various methods for calculating reasonable compensation, identify available sources of information, and share their insights on applying professional judgment in determining when an adjustment is warranted. Don't miss this opportunity to learn how to recognize, apply, and distinguish between sources for reasonable compensation. 

Guests:

• Jessica Landay, ABV, ASA, CVA, MAFF, Harper Hofer & Associates, LLC Partner
• Jordan Graves, CPA/ABV, CFF Cooper Norman CPA's Principal

Host: Greg Saunders, CPA/ABV, ASA, Keiter CPA

Please share your thoughts about the episode - click here to leave us a review  

Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to [email protected]

RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit  https://fvssection.libsyn.com/fvs to access the show notes with direct links.

FVS Section members can access the FVS Online Library that is part of their benefits:  A CPA’s Guide to Family Law Services, Chapter 6 Business Valuation 

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.

LEARN MORE ABOUT  Accredited in Business Valuation(ABV) – Visit the home page and/or check out the ABV Infographic

Certified in Fraud and Forensics (CFF) - Visit the home page and/or check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [email protected]