Business Valuation Resources, LLC

Mastering the Art of Normalization Adjustments

Date: Wednesday, January 20, 2010
Time:
10:00am-11:40am PT / 1:00pm-2:40pm ET

Earn 2 CPE credits

Teleconference
On Demand Pack*
Teleconference and On Demand Conference Pack*

*Please note: CPE credit is not available through On Demand Packs

Featuring (click image for more information):

Ewart
James D. Ewart?
CPA/ABV/CFF, CVA
Dixon Hughes PLLC

Why You Should Attend

Whether for GAAP compliance, industry accounting principles, or to find an easier comparison between statements, compensations, or other accounting areas, normalization adjustments are a necessary and ubiquitous step in the valuation process.? But with all accounting practices and comparative valuation techniques, mastering the art of normalization adjustments is difficult as standards, practices, and applications continue to evolve, and current events alter the setting for valuation assignments.

On January 20 valuation expert James Ewart will lead you through the classic and emerging challenges of normalization adjustments.? From knowing when to make normalization adjustments to knowing how to do so, Ewart will show how these imperative processes can mean the difference between defensible and indefensible conclusions of value.

Agenda

  • Introduction: Why normalize?
    • Comparison facilitation
    • Uses in the Income Approach
    • Definitions
  • Categories and Uses of Adjustments
    • Ownership characteristics
    • Extraordinary, Nonrecurring, and/or unusual items
    • Non-operating assets and liabilities
    • Taxes
    • Synergies from M&A activity
  • Normalization adjustments in action
  • Sources and types of adjustments
  • Normalization and the Distressed Environment

Learning Objectives

  • Clarify the use and implementation of normalization adjustments in any valuation
  • Learn how to best apply normalization rates to facilitate comparisons in a broad range of scenarios
  • Understand the role of normalization rates in varous transactions
  • Learn how normalization adjustments can and should be used in a distressed company valuation

BVR's Teleconference Usage Policy

Purchase of admission to any of BVR's teleconferences 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 Teleconference Usage Policy, and BVR reserves the right to withhold CPE credits from both registered and unregistered users in violation of this policy.

Group Discounts Available

For group discounts on Teleconferences contact Linda Mendenhall at lindam@bvresources.com or (503) 291-7963 ext. 125.

CPE Credits for Unlimited Listeners

Have as many eyes and ears take advantage of your registered connections as possible:CPE credit is available for an unlimited number of listeners to any registered line.

To add listeners for CPE credit, contact customer service (cs@bvresources.com 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: 2 Credit Hours (Consulting Services)

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.

www.nasba.org
NASBA Sponsor

On Demand Packs: Conference Recordings & Transcripts

BVR's On Demand 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 On Demand 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 On Demand Packs from past teleconferences, click here.






 


BVR's Satisfaction Guarantee:
Business Valuation Resources offers a complaint resolution and refund policy with 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 ext. 102 for a satisfactory resolution of your concern or you may submit a written request for a full refund of this program to Stephanie Crader at: stephaniec@bvresources.com or mail to BVR, LLC, 1000 SW Broadway, Suite 1200, Portland, OR 97205.