Fair Value Measurement and Business Valuation: What You Should Know in 2015 and Beyond
The Financial Accounting Standards Board (FASB) seeks to streamline and expand footnote disclosures of financial instruments. Measurement of uncertainty in the fair values assigned to instruments and investments, especially when there is a lack of pricing information from markets, is also a current concern that FASB pursues to address.
The Board seeks out to define and improve reporting of entity roles in disclosures and fair value measurement so as to provide a consistent and reliable source of information for financial users.
In this two-hour LIVE Webcast, a panel of key thought leaders and professionals assembled by The Knowledge Group will provide the audience with an overview of Fair Value Measurement and Business Valuation. The speakers also will provide best practices to utilize the benefits of the different valuation strategies and how to best comply with GAAP financial statement standards in financial statement preparation.
- FASB's Fair Value Measurement Disclosure - An Overview
- Modifications and Additions to FASB's Fair Value Measurement Disclosure Requirements
- Fair Value Measurement Valuation Process
- Level 3 Roll Forward Requirements
- Fair Value Option
- GAAP Financial Statements Standards
- Financial Statement Preparation
- Fair Value Measurement & Business Valuation: An Overview
- Fair Value Identification
- Risks and Legal Challenges
- Business Valuation Procedures
- Fair Value vs. Fair Market Value
Todd Patrick, Principal, Valuation Services Practice
Grant Thornton LLP
- Hot button issues for fair value measurements
- Key fair value considerations in developing a discount rate
- Key financial forecast considerations
- Are control premiums and/or lack of control discounts allowable? If so, what is the acceptable magnitude?
- In what situations are marketability discounts appropriate?
- Public versus private company fair value differences
Sarah Reichling, CPA, Manager
- Impact of fair value measurements on current financial statements
- Proposed changes of fair value measurement disclosures in financial statements
- Preparing for your audit – what to have documented related to fair value measurements
Howard Krieger, Valuation Specialist, Senior Manager
- Fair Value v Fair Market Value
- Audit v Valuation Specialist responsibilities
- Various ASC Codes were Fair Value is Relevant
- Valuation Procedures
- Examples of types of securities and assumption source documents
Who Should Attend:
- Finance Specialists
- Fair Market Value Analysts
- Finance Directors
- In-house Counsel
- Other Related & Interested Professionals
Todd Patrick is a Principal in the Forensic and Valuation Services practice of Grant Thornton LLP in Dallas. Todd brings his extensive experience to the valuation of businesses and their underlying intellectual property and intangible assets. For more than eighteen years, he has assisted clients with business enterprise valuations, common and preferred stock valuations, mergers and acquisition analysis, trade name and patent portfolio valuations. His clients have ranged from multinational corporations to start-up companies. Todd has advised clients for financial and tax reporting, litigation support and strategic planning purposes.
Todd Patrick is a Principal in the Forensic and Valuation Services practice of Grant Thornton LLP in Dallas. Todd brings …
Sarah is an audit manager in the CliftonLarsonAllen Public Sector Group, specializing in nonprofit audits. She has nine years of public accounting experience, serving foundations, private schools, social service organizations, and other nonprofit entities.
Sarah has extensive knowledge in the area of investment reporting. She has audited complex investment portfolios with assets in excess of $1 billion and is familiar with all investment types, including securities lending and hedges. Sarah is involved with CliftonLarsonAllen’s in-house training program by providing training on the topics of investments, fair value measurements, split-interest agreements, contributions, and net assets. She has also spoken on audit and accounting updates.
Sarah is an audit manager in the CliftonLarsonAllen Public Sector Group, specializing in nonprofit audits. She has nine years of …
Howard is a Senior Manager in WithumSmith+Brown (“Withum”)’s Valuation Services Group. He specializes in the valuation of businesses, intangible assets and complex financial instruments across a diverse industrial set. He has also performed significant services related to business combinations, financial modeling, valuation of equity participating instruments and other exotic financial assets/liabilities. Howard applies a practical approach to valuation in support and has over 15 years’ experience performing valuation services.
Mr. Krieger has provided valuation services to many types of life science companies. Before joining Withum, Howard was a Senior Manager in KPMG LLP’s Economic valuation Services’ Group where he served on the firm’s Valuation Services’ Technical Committee and led efforts within the firm’s Private Equity and Complex Securities Valuation practice. Over the prior eight years, Howard was a leader in consumer finance at HSBC and then at Wells Fargo/Wachovia, with a specific focus on the origination, pricing and secondary transacting of consumer loans.
Howard is a Senior Manager in WithumSmith+Brown (“Withum”)’s Valuation Services Group. He specializes in the valuation of businesses, intangible assets …
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About CliftonLarsonAllen LLPCLA is a professional services firm delivering integrated wealth advisory, outsourcing, and public accounting capabilities to help enhance our clients' enterprise value and assist them in growing and managing their related personal assets - all the way from startup to succession and beyond. Our professionals are immersed in the industries they serve and have specialized knowledge of their operating and regulatory environments. With nearly 4,000 people, 90 U.S. locations, and a global affiliation, we bring a wide array of solutions to help clients in all markets, foreign and domestic. For more information visit CLAconnect.com. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.
WithumSmith+Brown, PC offers accounting and auditing services. The firm provides compliance, financial review, tax planning, business valuation, employee compensation, and estate, retirement, education, insurance, and investment planning services. It also provides fraud investment, forensic accounting, royalty auditing, SEC compliance, and corporate finance advisory services. Additionally, the firm offers management consulting, marital dissolution, professional staffing, and information technology consulting services. WithumSmith+Brown, PC caters to financial, food and beverage, manufacturing, construction, legal, healthcare, telecommunication, entertainment, and government sectors. WithumSmith+Brown, PC was founded in 1974 and is based in Princeton, New Jersey.
With 13 additional offices throughout the Northeast region, Florida, Colorado and Grand Cayman, WithumSmith+Brown (WS+B) brings clients the benefits of a larger organization without sacrificing the attention and personal service that one expects from a local business. WS+B’s regional offices ensure easy access to our dedicated, experienced team and the advice you need to achieve greater growth and financial success. Our clients represent a broad spectrum of industries and range in size from small, entrepreneurial startups to billion-dollar, publicly-held companies.