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| Crossing the Bridge to Liquidity: DLOM and DLOL |
Course CPE: 2 hours
Field(s) of Study: Finance–1 hour; Taxes–1 hour
Program Level: Intermediate
Prerequisites: None
Delivery Method: Self-Study
Advanced Preparation: None
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Item
Number: 19BV0607CBL
Shipping Weight: 0lbs. 0oz. |
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$147.00 |
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Recording Date: June 7, 2019
Program Description
This will not be a session focused on re-hashing empirical resources used in the development of discounts for lack of marketability nor on the models used (well, there may be some discussion…). Rather it will be a lively intellectual exercise in bridging the difference between what we elect to use as our empirical starting point or benchmark and what we ultimately use/rely upon to adjust liquidity in specific valuation engagements. We will provide information on how to support and BRIDGE this gap to professional judgement/subjectivity in arriving at defensible and well-reasoned adjustments for liquidity/marketability depending on the valuation methods employed and the level of control being valued. In a nutshell, we will be discussing reasoning, not resources. We may add some commentary on the various models/resources as necessary, but that is not our focus.
Learning Objectives
After completing this webinar, attendees will be able to:
- Understand the difference between Liquidity and Marketability
- Identify the natural level of value derived from different valuation methods (where you land depends on the method used and the adjustments made)
- Determine when to use DLOM vs. and considerations that change the magnitude of the adjustment(s)
- Identify errors when averaging methods before applying DLOMs and DLOLs
Who Should Attend
CPAs, valuators, practitioners, etc.—anyone interested in developing and advancing their skills for this topic.
Presenter(s):
Lari Masten |
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