Fvs Podcasts

Guests: Josh Shilts, CPA/ABV/CFF/CGMA and Richard Claywell, CPA Company specific risk premium is the metric that captures unique risk to a business and is comprised of external and internal factors.  Understanding how to identify and document these components is critical to providing valuations that are thoroughly supportable and defensible. Josh and guest Richard Claywell discuss: A brief history of CSRP Qualitative and quantitative components of CSRP Litigation and CSRP The podcast will also discuss some important issues to consider such as: How and when to apply reasonable assumptions in your analysis How to assess internal or management risk Help attorneys and clients understand CSRP  

Guests: Josh McDougall and Anna Maria Cicirello, CA,CPA/CFF/ABV,CBV  With the emergence and popularity of cryptocurrency, there now exists a new avenue to hide assets during contentious proceedings.  In this podcast we will discuss: Indicators that a person or entity holds crypto assets Gaining access to crypto records Recommendations for forensic practitioners The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits. Don’t miss an episode – subscribe to our podcast channel! And leave us a review so we can continue bringing valuable and relevant co

Guests: Josh McDougall and Anna Maria Cicirello, CA,CPA/CFF/ABV,CBV   With new technologies come new opportunities for bad actors to exploit advantageous conditions that may increase the fraud landscape.  In this podcast we explore: What blockchain and cryptocurrencies are The risks and benefits of blockchain technology Ways to mitigate against fraud risk The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits.

Guests: Craig Jacobson, MBA and Jevon Thomas, CPA, CFE, CAMS This podcast will engage the audience in detailed discussion on specific Solvency Opinions topics as a continuation from the Solvency Evaluation in Fraudulent Transfer Actions  webcast.  Topics for discussion: Understand differences between Valuation and Solvency Opinions Discuss recent COVID-19 industry impacts (e.g., High-end Retail, Restaurant, Entertainment, Hotels) on Solvency Opinions Discuss Solvency Opinions within the legal and regulatory environment The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to v

Guests: Josh Shilts, CPA/ABV/CFF/CGMA  Ken Rugeti, CPA, ABV, CFF Reasonable Certainty is a legal definition that sets the standard by which courts hold estimates of damages claimed in a lawsuit.  When a party in a legal action claims damages, experts are retained to provide a damages analysis that will be scrutinized under this threshold. Josh and guest Ken Rugeti discuss: General damages Consequential damages Examples of these concepts from real-life cases The podcast will also discuss some important issues to consider such as: How and when to apply reasonable assumptions in your analysis Admissibility vs. cross examination How to use management projections The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competen

Guests: Josh Shilts, CPA/ABV/CFF/CGMA and Melissa Davis, CPA The impact of the COVID pandemic on businesses and bankruptcy did not play out as many had anticipated.  The support from the government through the CARES act and PPP loans appears to be helping individuals and businesses stay out of bankruptcy, but there is uncertainty around how long this will last. Josh and guest Melissa Davis, CPA discuss: Low interest rates and government assistance appear to be holding off bankruptcy filings for now The economic uncertainty should be impacting company valuations going forward Knowledge of the client’s industry, business, and economic help professionals prepare supportable valuations when helping a client navigate Chapter 11. The podcast will also discuss some important strategies such as: Liquidation analysis considerations Potential clients and related services that practitioners may assist and provide during bankruptcy proceedings Practice management considerations to assess before taking on this type of

Guest(s): Michael Tran Duff, Assistant Vice President, Chief Information Security Officer (CISO) and Chief Privacy Officer (CPO), Stanford University Doug Aguilera, CPA, CFF, CGMA, CFE Cybersecurity threats are one of the biggest risks to an organization with little to no margin for weaknesses.  We discuss the types of cybersecurity threats, response preparation and the strategic use of lessons learned.  In this 2-part series, we’ll discuss: The types of information being sought after Who the bad actors are - State-sponsored organizations, organized crime, and others Risk models The types of breaches, including phishing and access to networks and systems Responses when you do have a breach. Incident response systems, including planning, executing, learning, and implementing improvements Information accumulated in an effective investigation The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals

Guest(s): Michael Tran Duff, Assistant Vice President, Chief Information Security Officer (CISO) and Chief Privacy Officer (CPO), Stanford University Doug Aguilera, CPA, CFF, CGMA, CFE Cybersecurity threats are one of the biggest risks to an organization with little to no margin for weaknesses.  We discuss the types of cybersecurity threats, response preparation and the strategic use of lessons learned.  In this 2-part series, we’ll discuss: The types of information being sought after Who the bad actors are - State-sponsored organizations, organized crime, and others Risk models The types of breaches, including phishing and access to networks and systems Responses when you do have a breach. Incident response systems, including planning, executing, learning, and implementing improvements Information accumulated in an effective investigation The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals

Guests: Josh Shilts, CPA/ABV/CFF/CGMA and Richard Pollack, CPA, ABV, CFF, PFS, CGMA In 1993 the U.S. Supreme Court made it ruling in the case Daubert v. Merrell Dow Pharmaceuticals, Inc., 509 U.S. 579 (1993).  This case established the Daubert standard and provides criteria by which the trial judge may make a preliminary assessment of the admissibility of expert testimony presented in United States federal (and most state) legal proceedings. Josh and guest Richard Pollack, CPA, ABV, CFF, PFS, CGMA discuss: Daubert fundamentals How to prepare for a Daubert challenge The importance of due diligence and supporting your position The podcast will also discuss some important strategies such as: Being your own advocate and not the attorney’s Remembering the importance of using reasonable and generally accepted principles in your work Avoiding ‘rushed engagements’ The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance

Guests: Asif Charania, CPA/ABV/CFF; Josh Shilts, CPA/ABV/CFF/CGMA  The podcast discusses how ‘small firm’ valuation practices presents both challenges and opportunities for valuation professionals.   Hear about the diverse professional opportunities and broad spectrum of clients the small firm environment can offer.  Josh and Asif talk about: The great opportunities to help clients grow to the next level What it’s like to build a valuation practice The challenges of juggling competing priorities The podcast will also discuss some important strategies such as: Adjusting a practice to meet changes in the economic and political landscape How managing a small practice develops skills that translate well to helping clients Importance of succession planning and staff development The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair valu

Guests: Dean Driskell, CPA/ABV/CFF and Josh Shilts, CPA/ABV/CFF/CGMA The podcast discusses the many paths available to accounting and finance majors who want to pursue a career in forensics and valuation services.  Hear about the real-world experiences that helped shape the careers of Josh and Dean, and how accounting and finance disciplines complement each other through the different stages of one’s career.  Topics addressed include: How finance and accounting intersect for FVS professionals The importance of understanding your audience The diverse opportunities within the profession The podcast will also discuss some key qualitative skills that are critical to success: Clear and cohesive writing Oral presentation Finding opportunities to improve these skills The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages

Guests: Heather Tullar, CPA/ABV, ASA and Josh Shilts, CPA/ABV/CFF, CGMA, CFE The podcast discusses some of the issues surrounding the valuation of Prince’s estate and the complexities that arise when working on a multi-faceted engagement with a wide spectrum of hard to value or highly specialized assets. Topics addressed include: Valuation of intangible assets Identifying the right team of experts Preparing a defensible valuation The podcast will also discuss some key concepts that will help professionals new to valuation Understanding that reasonable professionals can differ and still have a defensible valuation The importance of standing by your opinion Know ‘why’ the value is what it is The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA

Guest: Holly Sharp, CPA, CFF, CFE Personal Injury Economic Loss Calculations When do you consider growth rates in personal injury economic loss calculations? Lost Earnings Lost Fringe Benefits Lost Household Services Future Medical Costs What sources do you consult to establish growth rates? How do you model growth rates in the economic loss calculation? The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member-only benefits. Don’t miss an episode – subscribe to our podcast channel! And leave us a review so we can continue bringing valuable and relevant content

Guests: Ranjana Ramchandran, Senior Manager, Forensic & Integrity Services, Ernst & Young, LLP and Adam Ozgo, Senior Manager, Forensic & Integrity Services, Ernst & Young, LLP In this podcast, presenters discuss the DOJ guidance on evaluation of corporate compliance programs, which came out in the summer of 2020. While state and local governments were dealing with the immediate impact of the pandemic, main Justice continued its longer-term campaign to strengthen corporations’ defenses against fraud. There are three fundamental questions the guidance poses that companies can apply today in assessing and strengthening their corporate compliance program. Is the corporation’s compliance program well designed? Is the program being applied earnestly and in good faith? In other words, is the program being implemented effectively? Does the corporation’s compliance program work in practice? The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of i

Guest: Dave Douglass, CFA/FRM/CFE, and Carey Miller, CPA/CFF The COVID-19 pandemic is unprecedented in modern times. As we deal with ongoing litigation as a result of COVID-19, it is important to understand how we should be incorporating the pandemic into our economic damages analyses. In this episode, Dave Douglass discusses the impact of COVID-19 on developing the damages theory, important questions damages experts should ask in preparing a damages opinion, and data that can be useful in quantifying the impact of COVID-19. The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access t

Guests: Sugi Hadiwijaya, Partner, CR3 Partners LLC, and Jermaine Watson, Partner, Bonds Ellis Eppich Schafer Jones The podcast highlights basic aspects on how fraud-related matters are managed in bankruptcy context.  The podcast will cover issues such as: automatic stay ability to segregate operating assets from fraud-based liabilities typical outcome in fraud-driven bankruptcy filings The podcast will also discuss the valuation in bankruptcy which is primarily related to establishing reorganized value. It’ll cover: critical purpose since reorganized value will drive recovery for stakeholders valuation fight and how it is generally handled via opposing valuation expert reports and testimonies factors bankruptcy judges may use to rule in valuation fight The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by

Guests: Travis Harms, CPA/ABV/CEIV & Hubert Klein, CPA/ABV/CFF Category: Professional development How do we apply the market approach during the pandemic? Is the market approach useful at this time? What do signals from public markets for large and small cap stocks tell us about our typical private clients? In this episode of the FVS Section Podcast, Travis Harms and Hubert Klein discuss these questions and more, including trailing versus forward-looking multiples and public versus private volatility. The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access to valuable member

Guests: Bethany Hearn, CPA/ABV/CFF & Austin Lee, CPA/ABV Category: Professional development The ABV Credential Committee is working on staying connected with members despite the global pandemic and helping them raise the awareness and value of their ABV credential. The Committee added a statement about diversity, equity and inclusion to its objectives and helped record a 7-part podcast series on diversity in the profession. Looking forward, the Committee is evaluating opportunities to improve educational offerings and expand the ABV credential globally. Listen to this message from committee members Bethany Hearn (chair) and Austin Lee. The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in pr

Guests: Karolina Calhoun, CPA/ABV/CFF & Hubert Klein, CPA/ABV/CFF Category: Professional development The valuation date is a point in time at which a business or business interest is being valued. The valuation date can vary based on the type of engagement and by jurisdiction for litigation engagements. In this episode of the FVS Section Podcast, Karolina Calhoun and Hubert Klein discuss the importance of valuation dates in a litigation context and how the COVID-19 pandemic has impacted the importance of valuation dates. The episode is brought to you by the AICPA’s Forensic and Valuation Services Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing forensics, valuation, fraud, fair value and damages and by the CFF Credential and ABV Credential programs which allow AICPA members to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/fvs to join our community and gain access t

Guests: Bethany Hearn, CPA/ABV/CFF, Rumbi Petrozzello, CPA/CFF & Kirstine Connors, CPA/ABV Category: Practice Management Diversity and inclusion are key to future proofing our profession as well as our ABV and CFF specializations. A pathway towards a more inclusive workforce requires building a pipeline not only to the CPA but also to the specializations. As discussed in our last episode, a pathway towards a more inclusive workforce requires efforts by institutions to attract, retain, and advance talent as it comes through the pipeline. Resources and programs such as unconscious bias training, mentorship/sponsorship programs and business resource groups can be used to help raise awareness, make connections and create a more diverse and inclusive environment. So, what does success look like? What are some examples of how the tools and resources discussed in previous episodes have manifested in firm success. Bethany Hearn, Rumbi Petrozzello and Kirstine Connors provide examples from their personal experien