|
Event Date: Tuesday, September 10, 2024
Event Time: 8:00 a.m.–5:30 p.m. CT
Earn up to 8 Hrs CPE
Event Roster
|
Crowne Plaza Minneapolis West
3131 Campus Drive
Plymouth, MN 55441 |
| Event Registration Fee |
$375 |
|
Sign-In & Continental Breakfast
8:00–8:30 a.m.
|
|
|
8:30–9:45 a.m.
- Session 1: Understanding the Emerging and Evolving Landscape in Marijuana Appraisal: A Focus on the Unique Attributes within a Unique Industry
- Presenters: Ron Seigneur, MBA, CPA/ABV, ASA, CVA (Seigneur Gustafson LLP) and Stacey Udell, CPA/ABC/CFF, CVA (HBK)
- Program Description: This course will focus on the unique industry challenges within the state legal, licensed cannabis operators with an emphasis on the information relevant to business and intellectual appraisal engagements. Information will be provided to assist in risk assessment and in understanding the often-extreme differences from licensing jurisdictions at both the state and municipal level. Sources of information will be provided, and a few sample demonstratives will be used to show some of the unique appraisal nuances in cannabis.
- Advanced Preparation: None
- Field(s) of Study: Finance
|
1 Hr CPE
|
|
Break
9:45–9:55 a.m.
|
|
9:55 a.m.–12:00 p.m.
- Session 2: Intellectual Property Valuation - A Deeper Dive
- Presenter: Graham Rogers, ASA, MRCIS CVS, CLP (EisnerAmper)
- Program Description: During this course, we will identify and define types of intangible assets (specifically intellectual property) and describe why the recognition and valuation of intangible assets is important. In addition, we will define the three methodologies for valuing intangible assets (Cost Approach, Market Approach, and Income Approach). We will also spend a significant amount of time on the hybrid approach commonly referred to as the Reasonable Royalties methodology. We will provide a walkthrough for how to utilize royalty databases (i.e., ktMINE, RoyaltyStat, Royalty Source) which are an invaluable tools for identifying potential comparable agreements and therefore royalty rates in the market. Finally, we will provide a walkthrough on how to determine the discount rate that one should use in valuing intangible assets.
- Advanced Preparation: None
- Field(s) of Study: Finance
|
2 Hrs CPE
|
|
On-site Lunch
12:00–1:00 p.m.
|
1:00–2:40 p.m.
- Session 3: An Attorney’s Perspective on Selecting the Right Expert and Preparing Them for Deposition and Trial
- Presenters: Hubert Klein, CPA/ABV/CFF/CGMA, CVA, CFE (Eisneramper) and Janel Dressen. J.D. (Anthony Ostlund Louwagie Dressen & Boylan)
- Program Description: In this course, find out what lawyers look for in working with experts. This will be a discussion with a seasoned trial attorney and a seasoned expert witness who can share their insights, guidance, and expertise about best practices and tactics for working with experts. This course will also discuss current issues related to Daubert and discuss how attorneys and experts can work together to prepare for any situation, working to reports and then from deposition to trial.
- Advanced Preparation: None
- Field(s) of Study: Personal Development
|
2 Hrs CPE
|
|
Break
2:40–2:50 p.m.
|
2:50–4:30 p.m.
- Session 4: Demystifying Monte Carlo Simulation and its Application
- Presenter: David Kaye, CFA, CPA/ABV, CA (Excelsior Business Advisors)
- Program Description: In this course, you will learn how the Monte Carlo simulation offers a tremendous tool to valuation analysts when valuing securities, assets, liabilities, and businesses with non-linear, path dependent payoff structures such as carried interests in investment vehicles, performance incentive units, earnouts, and more. In this course we will cover the practical application of Monte Carlo simulation, including case study examples. We will provide guidance on how to identify situations where this model can provide the valuation analyst with a tool to accurately model the payoff structure of assets with a non-linear, path dependent structure. This course aims to demystify Monte Carlo simulations for valuation analysts with a general understanding of the Monte Carlo Simulations and provide guidance in its practical application.
- Advanced Preparation: None
- Field(s) of Study: Finance
|
2 Hrs CPE
|
Break
4:30–4:40 p.m. |
4:40–5:30 p.m.
- Session 5: An Update on The Impact of $80 Billion and 87,000 Additional IRS Employees on BV
- Presenter: Michael Gregory, MBA, ASA, CVA, Qualified Mediator with the MN Supreme Court
- Program Description: In this course, you will learn how the Inflation Reduction Act was supposed to provide the IRS with $80 billion additional dollars and add 87,000 employees over the next ten years, but Congress has reduced it. During this session, Mike looks at the IRS strategic plan and public information from the Treasury Department and the IRS. He shares his insights of what this may mean overall related to business valuation with the IRS Engineering Program and business valuation. Short- and longer-term implications are presented to give appraisers an idea of what may be expected in the future given IRS objectives. Insights on recent court cases are offered as a bonus item.
- Advanced Preparation: None
- Field(s) of Study: Finance
|
1 Hr CPE |
Please log in at the top of the page prior to clicking Register Now.
|
