As benchmarks, indicators, and pundits show that the end of recent economic woes are in sight, the fall-out and clean up of recent trouble continue across the economy. Nowhere is this more true than in the arena of business valuation, where the volume impaired and distressed business appraisals continue to escalate. Though the valuation of an unprofitable business is a challenge in its own right, it's only exacerbated by the recent economic environment.

In "Companies in Distress: Valuing the Impaired and Currently Unprofitable," Jim Alerding, Jim Ewart, and Robert Shortle will discuss obstacles and considerations when valuing distressed and impaired businesses. Their 100-minute presentation will cover such topics as management planning, liquidation, premises of value, and the operating environment. You know the problems posed by distressed company valuations. This teleconference will help you find the solutions.

• Introduction
• Special Issues in a distressed or impaired company valuation
• Additional considerations for distressed company valuations
  • Management planning
  • Management's actions
  • Other considerations
• Consideration of the premise of value
  • e.g. going concern vs. liquidation
• Liquidation and quick exit strategies as a consideration for investors
• Effect of the subject company's industry on valuation considerations
• Analyzing asset values of a distressed or impaired company
• Q&A
• Conclusion

• Clearly understand the challenges inherent in distressed company valuations
• Learn which considerations are most important in distressed company valuations, and which are not
• Learn how the economic and operating environment plays a role in the valuation of a distressed company
• Understand how the actions of a distressed company effect the valuation process