Forensic and Valuation Services (FVS‪)‬ AICPA & CIMA

Josh Shilts meets with fellow pod squadder Elizabeth Woodward to hear about her unique entry into bankruptcy-related work.  
Elizabeth discusses her path, the diverse businesses she has managed as a fiduciary, and the differences that exist when testifying in a non-confrontational forum.  
Her role often requires her to be accountable to the court and creditors, ensuring transparency and integrity throughout the bankruptcy process.
Guest:  Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director, Dean Dorton Host: Josh Shilts, CPA/ABV/CFF/CGMA, ASA, CFE. Shilts CPA, PLLC Please share your thoughts about the episode - click here to leave us a review  
Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com
RESOURCES FOR FURTHER EXPLORATION
If you’re using a podcast app that does not hyperlink to the resources, please visit 
https://fvssection.libsyn.com/fvs to access the show notes with direct links. 
Related podcast episodes
The Bankruptcy Briefings – Navigating Financial Rebirth, Part 1
Exclusive content – Free for FVS Section members
Frequently asked questions when providing bankruptcy services Providing Bankruptcy and Reorganization Services, Vol. 1: Litigation and Dispute Resolution in Bankruptcy Providing Bankruptcy and Reorganization Services, Vol. 2: Valuation in Bankruptcy Bankruptcy at a glance: chapter 7 Bankruptcy at a glance: chapter 11 Bankruptcy at a glance: chapter 11, subchapter V  This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.
LEARN MORE ABOUT 
Accredited in Business Valuation(ABV) – Visit the home page and/or check out the ABV Infographic
Certified in Fraud and Forensics (CFF) - Visit the home page and/or check out the CFF Infographic
This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com
 

Dave and Greg's conversation underscores a universal truth in any career path:  mentoring is critical for the nurturing of emerging professionals - new hires, and those in career transition, during their first 5 years as a valuation professional. 
It plays a crucial role in career development and organizational culture, as well as allows the mentor to:
Share the enthusiasm for the work they do, and the desire to keep learning Make sure students and younger professionals know that BV is a career path if Accounting, Auditing, or Tax is not their jam   Make sure emerging professionals understand the why of the engagement Co-hosts
David Consigli, CPA/ABV, CDFA, FAZ Forensics 
Greg Saunders, CPA/ABV, ASA, Keiter CPA
Please share your thoughts about the episode - click here to leave us a review  
Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com
RESOURCES FOR FURTHER EXPLORATION
If you’re using a podcast app that does not hyperlink to the resources, please visit 
https://fvssection.libsyn.com/fvs to access the show notes with direct links. 
A career in business valuation An FVS micro-community (6 sessions:  July 24 – October 16)
Application period:  May 16 – June 16, 2024.   Please complete a short survey to be considered for this program
This interactive program is designed for professionals who have zero to 5 years of BV experience or plan to switch careers into valuation services.  Experienced facilitators from the AICPA’s BV Committee will provide guidance on the essential aspects of developing a career as a valuation professional.  This is a valuable opportunity for professionals who want to connect with their peers and get support in advancing their careers.  Participation is limited and complementary. 
Help my FLS Career micro-community – please contact Christine Cutti-Fox, Sr. Manager, FVS team  
AVAILABLE ON AICPA-CIMA.com
Top 8 ways to build leaders in your firm (illustrated checklist) AICPA® PCPS Mentoring guide Coaching vs. Mentoring   How to develop and launch a mentoring program

The Fraud Risk Management Guide provides a comprehensive framework for assessing and managing fraud risks in any organization. Elizabeth, Jonathan, and Lynda discuss the guide and its benefits for AICPA members.
The guide is a joint product of the Committee of Sponsoring Organizations (COSO) and the Association of Certified Fraud Examiners (ACFE) with contributions from various organizations and experts, including the AICPA. The guide can help practitioners audit their fraud risk management programs, train and educate board members and other stakeholders, benchmark their performance against best practices, and remediate any identified issues. Guests:
Lynda Schwartz, CPA/CFF/CGMA CFE, University of Massachusetts Amherst, Director of Forensic Curriculum Jonathan T. Marks, CPA, CFF, CITP, CGMA, CFE, & PI, Partner, BDO - Forensic & Investigation Services Host: Elizabeth Woodward, CPA/CFF, CFE, Forensic Accounting Director, Dean Dorton
Please share your thoughts about the episode - click here to leave us a review  
Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com
RESOURCES FOR FURTHER EXPLORATION
If you’re using a podcast app that does not hyperlink to the resources, please visit 
https://fvssection.libsyn.com/fvs to access the show notes with direct links.
Fraud Risk Management Guide, 2nd Edition   (FVS Section members see below) Fraud Risk Management Guide (second edition) Executive Summary Managing the Business Risk of Fraud: A Practical Guide  Available as a benefit to FVS Section members
Fraud Risk Management Guide (second edition) Business fraud risk framework  Understanding the forensic technology landscape This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.
LEARN MORE ABOUT 
Accredited in Business Valuation(ABV) – Visit the home page and/or check out the ABV Infographic
Certified in Fraud and Forensics (CFF) - Visit the home page and/or check out the CFF Infographic
This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com

Jessica and Jordan join us as we delve into the topic of reasonable compensation adjustments in business valuation. Our experts discuss various methods for calculating reasonable compensation, identify available sources of information, and share their insights on applying professional judgment in determining when an adjustment is warranted. Don't miss this opportunity to learn how to recognize, apply, and distinguish between sources for reasonable compensation. 
Guests:
Jessica Landay, ABV, ASA, CVA, MAFF, Harper Hofer & Associates, LLC Partner Jordan Graves, CPA/ABV, CFF Cooper Norman CPA's Principal Host: Greg Saunders, CPA/ABV, ASA, Keiter CPA
Please share your thoughts about the episode - click here to leave us a review  
Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com
RESOURCES FOR FURTHER EXPLORATION
If you’re using a podcast app that does not hyperlink to the resources, please visit 
https://fvssection.libsyn.com/fvs to access the show notes with direct links.
FVS Section members can access the FVS Online Library that is part of their benefits:  A CPA’s Guide to Family Law Services, Chapter 6 Business Valuation 
This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.
LEARN MORE ABOUT 
Accredited in Business Valuation(ABV) – Visit the home page and/or check out the ABV Infographic
Certified in Fraud and Forensics (CFF) - Visit the home page and/or check out the CFF Infographic
This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com
 

Get set for the first of a series of episodes highlighting opportunities for FVS practitioners in bankruptcy, Ken and Josh “sit” to discuss some of the tenets of his practice.  Ken tells us about the types of bankruptcy (Chapter 7, Chapter 11, etc.) as well as the services that FVS practitioners can provide. We also hear about the types of clients (i.e. attorneys, debtors, creditor committees, etc.) as well as best practices advice from Ken on managing a bankruptcy practice. 
Guest:  Kenneth DeGraw, CPA/CFF, CFE, CFP, Partner, Forensic & Valuation Services, Withum
Host: Josh Shilts, CPA/ABV/CFF/CGMA, ASA, CFE. Shilts CPA, PLLC
Please share your thoughts about the episode - click here to leave us a review  
Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com
RESOURCES FOR FURTHER EXPLORATION
If you’re using a podcast app that does not hyperlink to the resources, please visit 
https://fvssection.libsyn.com/fvs to access the show notes with direct links.
Related podcast episodes
Learn how fraud and valuation matters are handled during bankruptcy, 6/4/2021 Bankruptcy in a post-COVID world, 9/2/2021     Exclusive content – Free for FVS Section members
Frequently asked questions when providing bankruptcy services Providing Bankruptcy and Reorganization Services, Vol. 1: Litigation and Dispute Resolution in Bankruptcy Providing Bankruptcy and Reorganization Services, Vol. 2: Valuation in Bankruptcy Bankruptcy at a glance: chapter 7 Bankruptcy at a glance: chapter 11 Bankruptcy at a glance: chapter 11, subchapter V  This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.
LEARN MORE ABOUT 
Accredited in Business Valuation(ABV) – Visit the home page and/or check out the ABV Infographic
Certified in Fraud and Forensics (CFF) - Visit the home page and/or check out the CFF Infographic
This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com
 

There are nuances to dealing with real estate in the valuation of operating companies or real estate holding companies. Lisa and Chris tackle the important considerations for business valuation appraisers such as:
Implications for your analysis and the applied valuation approaches, as well as your overall conclusion of value Tax consequences due to built-in capital gains The nature of right-of-use assets and liabilities Guests:  
Lisa Cribben, CPA/ABV, ASA, CMA, Partner, Hawkins Ash CPA 
Chris Volz, CPA/ABV/CFF, ASA, Partner, Wipfli LLP 
Host: Greg Saunders, CPA/ABV, ASA, Keiter CPA
Please share your thoughts about the episode - click here to leave us a review  
Want to get involved with future FVS conferences, committees, task forces, or the standing ovation program? Send a message to infoFVS@aicpa-cima.com
RESOURCES FOR FURTHER EXPLORATION
If you’re using a podcast app that does not hyperlink to the resources, please visit 
https://fvssection.libsyn.com/fvs to access the show notes with direct links. 
An FVS Podcast episode on multi-disciplinary valuations

Exclusive content – Free for FVS Section members
Working with other appraisers - valuation of FLPs holding real estate
This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals who specialize in providing forensics, valuation, litigation, and fraud services.  Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, Daubert Tracker, and Merger Shark.
 LEARN MORE ABOUT 
Accredited in Business Valuation(ABV) – Visit the home page and/or check out the ABV Infographic
Certified in Fraud and Forensics (CFF) - Visit the home page and/or check out the CFF Infographic
This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at podcast@aicpa-cima.com