Business Valuation & Financial Litigation
Hybrid & Virtual Super Conference
Conference Track (Wednesday)
Ensure Your Knowledge and Compliance with the Profession's Standards
Recent developments within the professional organizations are moving toward the harmonization of industry standards. Senior representatives from the valuation industry will discuss the standards impacting the profession, including National Association of Certified Valuators and Analysts (NACVA), American Society of Appraisers (ASA), American Institute of CPAs (AICPA), Uniform Standards of Professional Appraisal Practice (USPAP), Royal Institution of Chartered Surveyors (RICS), and International Valuation Standards Council (IVSC).
This course qualifies for 12 bonus points toward NACVA credentialed member recertification, in addition to course CPE in regulatory ethics.
After completing this course, attendees will be able to:
- Determine how industry standards and any changes will impact one’s practice
- Interpret any changes in the current and possibly future environment
Total CPE: 2
Fields of Study: Regulatory Ethics: 2
Program Level: Update - Learning activity level that provides a general review of new developments.
Who Should Attend:
This course is designed for all business valuation practitioners who wish to understand the principles-based standards developed to provide guidance in performing valuation services.Prerequisites:
Participants need a background in the subject area and desire to keep current.Advanced Preparation:
None
Mirror, Mirror of Ethics On The Wall: Who's The Least Complacent of them All?
Wednesday, August 17, 2022 8:30 a.m. - 10:10 a.m. MTThe quality and effectiveness of an organization's ethics ecosystem largely determines its level of fraud risk. The panelists will explain the linkage between ethics and fraud risk, a process requiring recurring vigilance, integration into performance plans, and adequate staffing resources.
After completing this session, you will be able to:
- Identify the indicia and signs of a weak ethical ecosystem overall and the ethical culture within an organization
- Analyze the trustworthiness of an organization's ethics program and bring fresh, multi-disciplinary perspectives to their analyses
- Recognize the signals of complacency or duplicity--the natural tendence to present the best possible face to others based on false assumptions or active manipulation
- Assess the ethical climate as part of their forensic accounting and valuation assignments and responsibilities
Total CPE: 2
Fields of Study: Behavioral Ethics: 1, Regulatory Ethics: 1
Program Level: Advanced - Learning activity level that builds on a basic program most appropriate for individuals with detailed knowledge in an area.
Who Should Attend:
Accountants, CPAs, Valuation Analysts, Forensic Accountants, and Risk Management and Compliance professionals.Prerequisites:
Good knowledge of topic and experience in the field. Advanced level programs are often appropriate for seasoned professionals within organizations; however, they may also be beneficial for other professionals with specialized knowledge in a subject area.Advanced Preparation:
None
Beliefs, Behavior, and Fraud in Valuation: Emotional Intelligence to Regulatory Policy, Application and Practice
Wednesday, August 17, 2022 10:30 a.m. - 12:10 p.m. MTFraud is committed by people with behaviors motivated by more factors than "greed." Fraud is ultimately more about psychology than about accounting. Valuation professionals can enhance their behavioral forensic interviewing success through awareness of the psychology of fraud by formulating appropriate questions. The session includes the psychologies of Sharks, Marks, and Larks, as well as the Dark Triad personality traits of predatory fraudsters.
Cite at least three factors that underlie the motivations to commit fraud, to become fraud victims, or to "blow the whistle" on fraud
Formulate investigative interviewing questions based on psychological factors underlying the motivations to commit, be a victim of, or blow the whistle on fraud
Total CPE: 2
Fields of Study: Accounting: 1, Behavioral Ethics: 1
Program Level: Intermediate - Learning activity level that builds on a basic program most appropriate for individuals with detailed knowledge in an area.
Who Should Attend:
Accountants, CPAs, Valuation Analysts, Forensic Accountants, Risk Management and Compliance professionals, and others with responsibilities for investigating and mitigating fraud.Prerequisites:
Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.Advanced Preparation:
NonePricing Is In The Eye of the Beholder!
Wednesday, August 17, 2022 1:00 p.m. - 2:40 p.m. MTShifting the conversations with your clients for better buy-in and higher fees.
After attending this session, you will be able to:
- Determine why hourly rates should be a thing of the past
- Create a new paradigm of distinction in your prospects mind
- Identify how to most effectively communicate your uniqueness in a sea of sameness
- Recognize why positioning trumps pricing in all cases
Total CPE: 2
Fields of Study: Communications and Marketing: 2
Program Level: Intermediate - Learning activity level that builds on a basic program most appropriate for individuals with detailed knowledge in an area.
Who Should Attend:
This session is for all professionals that want to get out of the swapping hours for dollars game and to elevate the conversations with prospects above the level of "what's your hourly rate?"Prerequisites:
Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities.Advanced Preparation:
None
Young Valuation Experts Q&A Panel: Getting them Invested and Engaged
Wednesday, August 17, 2022 3:00 p.m. - 4:40 p.m. MTWhat will attract young professionals to become valuation professionals? How can you retain that talent and keep them invested and engaged in this service niche? Learn more about their opinions on research, technology, and opinion development. Join this session to hear what these young valuation professionals think about their future and where they think the valuation field is headed.
After attending this session, you will be able to:
- Assemble data to create a practical and sustainable succession plan
- Identify critical elements that younger professionals feel are critical to an organizations' growth
- Recognize where the valuation profession is headed
Total CPE: 2
Fields of Study: Business Management and Organization: 2
Program Level: Overview - Learning activity level that provides a general review of a subject area from a broad perspective.
