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Why a -75% DLOM May be Too Low and How to Defend It!

 Why a -75% DLOM May be Too Low and How to Defend It!
CPE Credit

Program Type: Recorded Webinar (Audio, PPT Presentation)
Program Level: Intermediate
Prerequisites: The attendee should have taken Finance 101 and completed an existing basic discounts and premium program.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credit: Two (2) Hours
Fields of Study: Accounting
Item Number: 13PBV0617
Shipping Weight: 0lbs. 0oz.
Price: $110.00
Program Description

As valuators, we struggle with the discount for lack of marketability (DLOM) LEVEL reflecting the investor "concession" under the fair market value (FMV) standard. This presentation provides an elegant and more straightforward way to substantiate this adjustment.

Learning Objectives

After completing this webinar, attendees will be able to:

- Apply basic financial theory, develop yield and appreciation to capture total return
- Identify the best proxies of risk for asset classes
- Differentiate the weaknesses of existing DLOM theory and practice
- Select and prove the most likely DLOM LEVEL from alternatives

Who Should Attend

Company CFOs/CEOs, iBankers, private equity/venture capitalists (PE/VCs), CPAs, attorneys, and allied service providers


Carl Sheeler, PhD, ASA, CBA, AVA
Mr. Carl Sheeler has performed 900+ BV engagements of mid-market companies and asset-holding companies with sales from $5M to $2.5B. He has testified as an expert 160+ times and authored valuation chapters for the NY and CA Bar as well as the AICPA. His clients include trusted advisors of family offices, investment bankers, PE/VC and public/private companies. His doctoral dissertation explores new ways to empirically support the levels of discounts for lack of marketability applying privately traded business transactional data.