Business Valuation Resources, LLC

Companies in Distress: Valuing the Impaired and Currently Unprofitable

Date: Thursday, November 5, 2009
10:00am-11:40am PT / 1:00pm-2:40pm ET

Earn 2 CPE credit
Add to your calendar


Teleconference $249
On Demand Pack* $249
Teleconference and On Demand Pack* $339
*Please note: CPE credit is not available through On Demand Packs

Featuring (click image for more information):

R. James Alerding 
Clifton Gunderson LLP
James D. Ewart 
Dixon Hughes PLLC
Robert Shortle
Periculum Capital Company, PLLC

Why You Should Attend:

Hear Jim Alerding
describe the program:

(Click to Play - Runtime 3'15")

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

Learning Objectives

  • 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

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 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 ( 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-Live
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.
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.

Co-Presented By:

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: or mail to BVR, LLC, 1000 SW Broadway, Suite 1200, Portland, OR 97205.