Business Valuation Resources, LLC

Advanced Workshop on Management Forecasts and Projections

Date: Thursday, May 5, 2011
10:00am-1:00pm PT / 1:00pm-4:00pm ET
Format: A BVR Interactive Web Workshop

Earn 3.5 CPE credits, 3 60-minute CLE credits, and/or 3.5 50-minute CLE credits
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Register for this program:
Interactive Web Workshop $399
OD Pack
Workshop Recording* $399
  Workshop and Recording* $599
*Workshop Recording includes: a complete recording with all presentation and reading materials
Please note: CPE credit is not available through Workshop Recording
More information is available below

Featuring (click image for more information):

Christine Baker
ParenteBeard LLC
Cynthia B. Rubin
Attorney at Law
Flemming Zulack
Williamson Zauderer LLP

Why You Should Attend:

Hear Christine Baker
describe the program:

(Click to Play - Runtime 3'57")

There is no doubt that an accurate and reliable projection greatly aids a valuation for any purpose. Yet questions about management projections and forecasts have long posed challenges for appraisers: How can an appraiser verify the projections validity and accuracy? What is the best use for a projection or forecast once it's in hand? How can an appraiser best obtain projections? And most importantly, what do you do when a projection or forecast is unreliable or nonexistent?

On May 5 expert Christine Baker and attorney Cynthia B. Rubin join BVR for the "Advanced Workshop on Management Forecasts and Projections," an intensive three-hour event focusing on all aspects of projections, forecasts, and their uses in the valuation process. Through BVR's exclusive interactive web-workshop format Baker will lead attendees through case-studies, live examples, and tutorials live from ParenteBeard's Manhattan offices as attendees participate from anywhere via the internet.


  • Common circumstances in which projections of business profitability are utilized
  • AICPA rules regarding a CPAs responsibility regarding preparation of financial projections
    • General CPA role – attesting to representations of management
    • CPA "expert" role – presenting an opinion regarding the matter about which we're testifying
  • Scenario 1: No management projections exist or are only for a limited period of time
    • Remedies
    • What is the expert's degree of responsibility?
  • Scenario 2: Expert is asked to develop projections
    • What about lost profit and/or loss of value cases where the financial expert is asked to develop projections?
  • Scenario 3: Projections received from management.
    • Was this prepared "in the ordinary course of business," or was it prepared specifically for this litigation/transaction?
    • How does one test reasonableness?
    • Timing as to when the projections were developed?
    • What is the expert’s degree of responsibility?
  • Testing reasonableness of management projections.

Learning Objectives:

  • Clarify the use of management projections through a wide variety of business valuation scenarios
  • Learn how, regardless of a CPA's role, management projections should be treated in all circumstances
  • Learn what to do when management projections are incomplete or nonexistent and when, if ever, a CPA should step in to complete or create these projections
  • Understand how other parties, such as auditors, attorneys, and courts view management projections and how this understanding can aid the CPA's role
  • Learn which sources of data are best or most practical when working with management projections

BVR's Webinar Usage Policy

Purchase of admission to any of BVR's webinars grants ONE phone connection and ONE computer connection per physical location per registration. Additional unregistered phone or computer connections are a violation of BVR's Webinar Usage Policy, and BVR reserves the right to withhold CPE credits from both registered and unregistered users in violation of this policy.

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Training Passport™ subscribers receive:

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For more information on the Training Passport™ or group discounts to single events for 5 or more people, contact BVR at

Continuing Education:

NASBA: 3.5 Credits
CLE: 3 60-minute credits, 3.5 50-minute credits
Ohio CLE application pending. All other states will be fulfilled upon request.

CE Credits for Unlimited Listeners

Have as many eyes and ears take advantage of your registered connections as possible:CE credit is available for an unlimited number of listeners to any registered line. To add listeners for CE credit, contact customer service ( or (503) 291-7963) with main registrant's name, the names of the persons to receive credit, and their email addresses. We welcome as many eyes and ears to take advantage of those connections as possible.

CPE Information

Prerequisites: Knowledge of Business Valuation
Program Level: Advanced
Preparation Required: None
Delivery Method: Group Internet-Based
Recommended CPE: 3.5 Credit Hours (Specialized Knowledge & Applications, Accounting & Auditing)

Business Valuation Resources, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417.
NASBA Sponsor

Workshop Recordings & Training Packs

BVR's Workshop Recordings &Training Packs are an indispensable addition to any valuation reference library. Use them as training tools as many times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.

Each Training Packs includes:

  • Recordings and transcripts of the presentation
  • All presentation visual aides and handouts
  • All ancillary reading materials suggested by our presenters

For a complete list of available Training Packs from past webinars, click here.

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BVR's Satisfaction Guarantee:
Business Valuation Resources offers a 100% money-back guarantee. If you are not completely satisfied with your conference experience, or have any concerns or complaints, you may contact Business Valuation Resources at (503) 291-7963, or mail to BVR, LLC, 1000 SW Broadway, Suite 1200, Portland, OR 97205.