Sharpen your skills! In small companies any minor changes to financial projections will have a big impact on your value conclusion. Revisit the fundamentals of preparing and analyzing forecasts and projections, and then take a fresh look at the nuances and components that most impact your income approach. Anyone doing estate valuations, matrimonial work or buy/sell engagements will benefit from the case study, and the mastery of reasonableness tests that bolster your conclusion. Join George Levie and boost the level of quality and efficiency of your next small company engagement.

• Introduction
• Common Circumstances
• Definition of Terms
• Existing Guidance-Guide for Prospective Financial Information and SSVSNo.1
• Case Study in Preparation of Forecast
• Test of Reasonableness

• The participant will learn to understand the difference between a forecast and a projection
• The participant will be able to use the forecasts and projections under the income approach for small businesses
  
• Participants will be able to use management and industry information to prepare credible projections and forecasts
  
• Participants will understand the risks associated with the achievement of prospective financial statements
  
• Participants will be able to test the projections and forecasts for reasonableness