Surgent's Basics of the Valuation of a Closely Held Business

Overview

An understanding of the basics of business valuation is an invaluable tool for practicing accountants to better assist clients who are considering buying or selling their business or an interest therein, contemplating estate tax planning or creating a buy-sell agreement, or dealing with the death of an owner, a shareholder dispute, or a divorce. Business valuation may also be a practice area an accountant would be interested in pursuing for increased billables.

Many forward-thinking closely-held business owners are currently looking at possibly higher capital gain rates, particularly with a change to a Democratic regime. Take this course to be well advised and prepared in order to better assist that potential selling owner.

Highlights

• When a valuation in a closely held business would be needed
• Governing bodies, training, and certifications in the profession
• Standards and premises of value
• The basic approaches and methodologies used to value a business: income, market, and asset approaches
• Rules of thumb/industry valuation multiples: usefulness and limitations
• Discounts for lack of control and marketability
• The COVID-19 pandemic's impact on business valuation
• Common mistakes found in the application of business valuation approaches
• How the accountant can help during and after the valuation process

Prerequisites

None

Designed For

Accountants who want to have a better understanding of what’s involved in business valuation to better assist clients who may need a valuation for one of many reasons and accountants who are thinking about pursuing the path it takes to become a business v

Objectives

• Understand business valuation principles and procedures
• Be well-versed in the training and certifications needed to become a business valuation professional

Preparation

None

Notice

This on-demand webcast can be taken at any time of your choosing and is valid for one year from the date of purchase. No live instructor is present, and an exam is required to earn credit. You must score 70% or higher to earn the certificate.

How do I access my Self-Study Package?

Visit https://www.surgentcpe.com/login and enter your username (your LCPA email address) and password. If you do not remember your password, press the "Forgot?" button to receive a password reset email. Once logged in, the page will refresh to display your account menu on the left side.