| Valuation of Distressed Businesses and Plan of Reorganization
Program Type: Recorded Webinar (Audio, PPT Presentation)
Program Level: Basic
Prerequisites: Previous training or experience with the fundamentals of accounting, finance, economics, and business writing.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: Three (3) Hours
Fields of Study: Accounting
Shipping Weight: 0lbs. 0oz.
Assisting lenders, companies, attorneys, trustees, and/or other stakeholders in the bankruptcy, restructuring, and insolvency environment requires an understanding of legal, administrative, business economics, and economic issues; financial reporting, accounting, auditing, and income tax issues; valuation issues; and financial forensics and litigation services. These Bankruptcy, Insolvency, and Restructuring Webinars focus on work that practitioners may be called upon to perform when working in bankruptcy, insolvency, and reorganization. Specific attention is given to a distressed business's plan of reorganization, solvency and liquidation analyses, and investigating avoidance actions, preferences, and fraudulent transfers.
These Webinars will focus on issues relating to forensic financial analysis as it relates to corporate bankruptcy, reorganization, and insolvency. The Webinars analyze the current economic environment and attempt to convey why some businesses thrive while others are distressed and/or fail. Attention is given to selected chapters of the Bankruptcy Code, especially Chapter 11: Reorganization. The Webinars continue with financial reporting, accounting, auditing, and income tax issues for distressed businesses, including a study of "fresh start" accounting. The Webinars continue to study the unique issues regarding valuing distressed businesses and how valuation standards, approaches, and methods influence the valuation of non-public companies. Attendees will study the work that practitioners may be called upon to perform when working in bankruptcy, reorganization, and insolvency. Specific attention is given to the plan of reorganization of a distressed business.
Additional study is given to solvency and liquidation analyses and investigating avoidance actions, preferences, and fraudulent transfers. The Webinars conclude by addressing the issues relating to expert witness testimony in the corporate bankruptcy arena.
After completing this webinar, attendees will be able to:
- Develop, implement, and examine the debtor's reorganization plan
- Assess the current economic climate and understand how it impacts healthy and distressed businesses
- Discuss the business economics of distressed businesses and explain the causes and effects of economics on specific line items in a company's balance sheet and income statement
- Specify the financial and regulatory reporting issues regarding distressed businesses
- Identify the accounting issues that arise before, during, and after reorganization, including "fresh start" accounting
- Identify the unique accounting, auditing, tax, and operational issues for a company operating as a debtor-in-possession
- Identify unique income tax issues relating to liquidating and reorganizing companies
- Compare and contrast the specific valuation standards, approaches, methods, and issues relating to distressed and/or restructured businesses and related litigation
- Apply financial forensics methods and techniques to companies in Chapter 11 proceedings
- Use financial forensics to assist trial lawyers with avoidance actions, preferences, and fraudulent transfers
Who Should Attend
CPAs, valuation experts, economists, and other financial professionals who render services designed to assist in the resolution of legal disputes involving financial matters.
Michael Pakter, CGMA, CVA, MAFF, CFF, CDBV, CIRA, CFE, CPA, CA
Robert Reilly, CPA/ABV, ASA, CBA, CFA, CMA, MBA, CVA, ATA, CFF, CREA, CRA, CVC, CGMA,EA