| Preparing Defensible Forecasts
Program Type: VideoCast (Audio,Video, PPT Presentation)
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: Accounting
Shipping Weight: 0lbs. 0oz.
Valuation is based on the Principle of Future Benefits. As such, the preparation of a forecast that is well supported and defensible is the key to a proper valuation. This webinar will provide an overview of the different types of proforma and prospective financial information used in a valuation, a documented process a responsible party should use in preparing prospective financial statements, and the process an appraiser can use to test the reasonableness of the prospective financial statements. The webinar includes an actual prepared forecast and an explanation of the process used in preparing the forecast so the attendee can see how it is applied in an actual situation.
After completing this webinar, attendees will be able to:
- Identify how proforma financial information is used in a valuation
- Differentiate between a forecast and a projection, what they intend to communicate, and how they are used in a valuation
- Employ the process presented to prepare a well-supported, defensible forecast
- Use the process presented to test the reasonableness of a forecast prepared by management
Who Should Attend
Chris Best, CPA, ABV, ASA, MCBA, ABAR
Mr. Chris Best has provided business valuation services to privately held businesses since 1987. He is a leading authority on the valuation of businesses that sponsor employee stock ownership plans, prospective financial information, and business valuation reviews.
Mr. Best is a nationally recognized presenter and speaker on business valuation topics, having presented for the Institute of Business Appraisers™, the National Association of Certified Valuators and Analysts™, the ESOP Association, the National Center for Employee Ownership, and the Society of Financial Service Professionals.
He is the developer and instructor of a course on ESOP Valuations for the Institute of Business Appraisers, for which he was recognized as Instructor of the Year in 2004.