Member Directory | NACVA Site Search:

Common and Unique Attributes in Matrimonial Valuations


Financial Forensics

 Common and Unique Attributes in Matrimonial Valuations
CPE Credit

Program Type: Recorded Webinar (Audio, PPT Presentation)
Program Level: Intermediate
Prerequisites: Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: Two (2) Hours
Fields of Study: Accounting
Item Number: 14PFF0210
Shipping Weight: 0lbs. 0oz.
Price: $110.00
Program Description

Mr. Hubert Klein will discuss errors he has frequently encountered in matrimonial cases and how to recognize, avoid, and expose them. Such errors include confusing discount rates with capitalization rates; applying a rate to the incorrect benefit stream; extrapolating past history instead of projecting the future; using an inappropriate beta; discounting the terminal value for the wrong number of periods; performing an excess earnings valuation, which results in an unrealistic cost of capital; errors in estimating the equity risk premium, the size premium, industry risk premium, company risk premium; and many other errors and variations.

Learning Objectives

After completing this webinar, attendees will be able to:

- Write bullet-proof valuation reports and prepare bullet-proof testimony acceptable in various family law jurisdictions
- Analyze valuation reports prepared by your staff and/or opposing experts to identify and correct common errors
- Present credible testimony
- Present convincing rebuttal testimony that can destroy the opposition

Who Should Attend

Valuation analysts who already testify or who may be called to testify, attorneys, etc.

Presenter(s)

Hubert Klein, CPA, ABV, CVA, CFE, CFF
Mr. Hubert Klein is a partner in the Litigation Services Group. With nearly 27 years of experience, Mr. Klein is frequently called upon as a technical resource in various litigation actions. He has consulted and provided services in matters including complex damages, business valuations, due diligence analysis, fraud investigations, matrimonial proceedings, lost profit calculation, shareholder disputes, insurance claims analysis, succession planning, and estate and gift planning.

In addition, Mr. Klein has served as an agreed-upon neutral expert as well as an expert witness appointed by judges in the above types of matters and to issue reports for the courts on these cases. He has also been appointed by various courts to serve as a receiver, provisional director, special fiscal agent and a court-appointed independent forensic auditor in various civil litigation matters. Mr. Klein has experience in providing traditional accounting services such as financial statement and tax return preparation, financial analysis, and consulting services for closely held businesses.

As a strong proponent of professional development, Mr. Klein frequently speaks to both business and civic groups on topics such as business valuation, forensic accounting, commercial damages and fraud. He has presented to both regional and national organizations.

Mr. Klein received his BS in accounting from Johnson & Wales University and has an AS in computer systems management. He is a member of the American Institute of Certified Public Accountants (AICPA), serving on the Forensic and Litigation Service Committee and Fraud Task Force. As an active member of the New Jersey Society of Certified Public Accountants (NJSCPA) Valuation and Litigation Support Resource Group, Mr. Klein serves on their Litigation and Valuation Services Group and Forensic Services Interest Group. He is a member of the National Association of Certified Valuators and Analysts (NACVA) State Chapter Committee and serves as the NACVA New Jersey State Chapter President. He is also a member of the Association of Certified Fraud Examiners (ACFE). In addition, Mr. Klein has been appointed to the Meadowlands 2040 Council, an economic development “think tank” for the Meadowlands and surrounding area, and is a member of the 200 Club of Bergen County.