| The Expert Witness: The Rogue, The Bad, and The Ugly
Program Type: Recorded Webinar (Audio, PPT)
Program Level: Intermediate
Prerequisites: Previous training or research on subject matter being taught.
Advanced Preparation: None
Delivery Method: Group Internet-Based
CPE Credits: Two (2) hours
Fields of Study: Specialized Knowledge & Applications; Communications
Shipping Weight: 0lbs. 0oz.
Richard's webinar will include review of various court cases in which judges had sharply criticized the expert testimony of the business valuator or financial analyst because of what the court considered the expert's bias, advocacy, and lack of objectivity, essentially being a "hired gun" for his/her client and lacking credibility—the antithesis of what courts expect from an expert, whose role and duty are to enlighten and assist the court on relevant technical issues. Richard will also provide attendees with a checklist as to what an expert must avoid when testifying.
After completing this webinar, attendees will be able to:
- Understand more fully the role and duties of an expert
- Appreciate what courts expect from an expert
- Understand the rules of evidence as they apply to expert testimony
- Avoid unintended advocacy in the expert's report and related court testimony
Who Should Attend
Business valuators, damages experts, and forensic accountants who provide litigation-support services and give expert witness testimony; trial lawyers; judges
Richard M. Wise, CPA, FCA, CA•IFA, FASA, FCBV, MCBA, CVA, CFF
Mr. Richard M. Wise is a partner in MNP’s Montreal office specializing in business valuation and financial litigation. He performs valuations for cross-border transactions, tax planning, shareholder and matrimonial disputes, and damage quantification.
Mr. Wise writes and lectures extensively across the U.S. and Canada and has presented over 200 papers in both countries, including conferences of the American Bar Association, AICPA, NACVA, IBA, and the American Society of Appraisers (ASA), among others. He is co-author of Guide to Canadian Business Valuations.
Mr. Wise was President of The Canadian Institute of Chartered Business Valuators and an International Governor of ASA. He has been valuation advisor to the Canadian Justice Department, the Canada Revenue Agency, the Québec Financial Markets Authority and Attorney General of Ontario. He frequently gives expert court testimony across Canada and in the U.S. and is listed and recognized as an Expert Witness in Tax Litigation by Who’s Who Legal: Corporate Tax 2015.
I\n 2012, Mr. Wise was webinar presenter for NACVA and co-lecturer at NACVA’s Business Valuation Symposium in Chicago. He was speaker at NACVA’s Annual Conference in Dallas and at the 2009 NACVA/IBA Joint Annual Consultants’ Conference in Boston. Richard was interviewed in CTI’s Conversations with the Masters Series (http://www.youtube.com/watch?v=X2x66B5n75s&hd=1).
In 2011, Mr. Wise was recipient of NACVA’s Outstanding Member Award, was a 2012/2013 State Chapter Committee Honoree, and was recognized as a NACVA 2012 Instructor of Exceptional Distinction.
Mr. Wise was designated a Chartered Professional Accountant (CPA) in 1965 and elected a Fellow (FCA) in 1984. He also holds the designations of Investigative and Forensic Accountant (CA•IFA), Chartered Business Valuator (FCBV), Accredited Senior Appraiser (FASA), Master Certified Business Appraiser (MCBA), Certified Valuation Analyst (CVA), Fellow of the Royal Institution of Chartered Surveyors (FRICS), and Chartered Arbitrator (C.Arb.).
Mr. Wise has served on several boards and committees of professional societies and charitable organizations and was inducted into ASA’S College of Fellows in 2006. He was recently Chair of the ASA Business Valuation Standards Committee, a member NACVA’s Litigation Forensics Board and currently serves on NACVA’s Executive Advisory Board. In 2012, Mr. Wise was awarded the Queen Elizabeth II Diamond Jubilee Medal by the Queen, which was presented to him by the Governor General of Canada.