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| The Future of Our Profession and Your Role in It (1433Q) |
Course CPE: 1 hour
Field(s) of Study: Management Services–1 hr
Program Level: Overview
Prerequisites: None required. These overview programs may be appropriate for professionals at all organizational levels.
Advanced Preparation: None
Delivery Method: QAS Self-Study
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Item
Number: 22PM0819KSP
Shipping Weight: 0lbs. 0oz. |
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$99.00 |
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Recording Date: August 19, 2022
Presenter: Chris Mercer
Program Description:
A confluence of trends is creating very real opportunities for the business appraisal profession. The number of public companies continues their decades-long shrinkage, and the barriers to “going public” continue to rise. This comes at a time when there is increasing privatization of businesses with massive amounts of private equity money looking for opportunities in the private world. To top all that, there will be a rising number of ownership and management transitions through sales of businesses or other forms of transfers. The market for the services of business appraisal and related services should be expanding.
Now combine these trends with the fact that the business appraisal profession is aging, at least at the upper end. Baby boomers will continue to age up and out into retirement in increasing numbers. With the markets we serve expanding, and the supply of senior appraisers declining, there should be major opportunities for the Millennials and Gen Xers who are following in the Age Wave. Now add in the coming changes in the business valuation professional association landscape—no one knows what will happen, but everyone knows things will change—and we will see changes that will help the younger generations of appraisers in their emergence. In this session, Chris Mercer will speak to the reality of this evolving marketplace for business appraisers. He will offer forecasts regarding the future and he will discuss strategies for maximizing your personal potential and your firm’s potential as we emerge into the next decade.
After completing this course, you will be able to:
- Recognize the state of the profession currently
- Identify the direction of the future of valuation theory
- Recognize the consolidation of appraisal businesses
- Recognize the aging of the profession
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
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