VFS Partner and Senior Manager Discuss Impact of COVID-19 on Business Valuations at BVFLS Conference
Valuation and Forensic Services Partner and Senior Manager Harold Martin, Jr. and Ethan Hitchcock will discuss the impact of COVID-19 on business valuations during the Business Valuation, Fraud and Litigation Services (BVFLS) virtual conference on September 16-17.
The discussion will include answers to the following questions and more:
- When was the economic impact of the Coronavirus pandemic known or knowable?
- Should you consider the event in a valuation as of Dec. 2019? What about January, February and March of 2020?
- How should you report the event?
- How should actual company results YTD 2020 impact a valuation as of March 31, 2020?
- Does the pandemic influence the selection of a valuation approach?
- What is the impact on growth rates, margins, etc.?
- Should you adjust the discount rate and, if so, how?
- Should you adjust DLOMs?
Learn more about the conference agenda and how to register.
About the Business Valuation, Fraud & Litigation Services Conference
Last year, BVWire attended the Business Valuation, Fraud & Litigation Services Conference sponsored by the Virginia Society of CPAs. This year’s event will be held solely online September 16-17, and it has another high-quality agenda of speakers and topics ranging from valuation reporting and courtroom communication to estate/gift tax laws and economic loss (and how COVID-19 is affecting these areas).
The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.