This course provides an in-depth focus on the applications of business valuation methods, determination of appropriate discounts for lack of control and discounts for lack of marketability, a discussion of the final reconciliation of values and a final review for reasonableness. After completing this course, participants will be able to complete the business appraisal they started in the first half of the course, and will also have a working knowledge of how to write their own business appraisal reports for their own practices.

Day 1
• Review of principles and deliverables from 8002A
• Appraisal approaches and methods

Day 2
• Market approach, including the theories and applications
• Transaction appraisal—IBA developed the Direct Market Data Method (DMDM) of business appraisal within the market approach; students learn how to use the IBA transaction database
• Students write the market approach section of the appraisal report

Day 3
• Income approach, including developing discount and capitalization rates
• Students write the income approach section of the appraisal report

Day 4
• Discounts and premiums: the study and application
• Reconciliation and value conclusion
• Review for reasonableness
• Certification: what to include in this important statement
• Completing the appraisal report, including exhibits, attachments, format, and structure
• Where do we go from here? Next steps

Day 5—Case Studies in Fraud Deterrence and Investigation
• The case study will tie the previous fours days’ content into practical application
• Using the fraud deterrence and detection program to analyze a business’ vulnerabilities to fraud
• Recommending cost-effective systems of controls to help accomplish business objectives

Business appraisers, CPAs, CVAs, AVAs, ABVs, ASAs, CFAs, CFOs, business consultants, investment bankers, business brokers, financial analysts, M&A professionals, and attorneys. Recommended for AIBA and CBA designation applicants.

March 15-18	Chicago, IL
July 26-29	Orlando, FL

2010 Package Pricing
(Before early registration discounts.)...........Non-Member.............Member
Four-Day Course.......................................$1,800....................$1,620
CBA Exam, Grading, and Peer Review Fee.........$475.......................$475

The Institute of Business Appraisers is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses of CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: http://www.nasba.org/