Harold G. Martin, Jr., is a Director in Keiter’s Valuation and Forensic Services (VFS) Practice. He was formerly the Partner-in-Charge of the VFS Practice for 23 years, and member of Keiter’s Executive and Partner Compensation Committees.

Harold is also the Managing Director of the Financial Consulting Group (FCG), the leading organization of independently owned business valuation, forensic, and financial consulting firms in North America.

Harold also serves as an adjunct professor at The College of William and Mary Raymond A. Mason School of Business. He has taught forensic accounting in the Master of Accounting program for 21 years and served as a guest lecturer for the M.B.A program and the Marshall-Wythe School of Law. He has also served as a guest instructor at the FBI Academy for forensic accountants in Quantico, Virginia, as well as the National Judicial College.

He was previously affiliated for 13 years with two of the “Big Eight” (now “Big Four”) international accounting firms. Harold served as a Director responsible for managing the Financial Advisory Services practice for Coopers & Lybrand’s Richmond, Virginia office and as a Senior Manager in Management Consulting Services for Price Waterhouse. He also served as a Direct Loan Officer in retail banking at First & Merchants National Bank.

He has over 40 years of experience in valuation, forensic and public accounting, and financial services. He has performed over 2,000 valuation and forensic projects in over 220 industries. Harold has qualified as an expert witness before U.S. District Court, U.S. Bankruptcy Court, and 22 circuit courts in five states, as well as the American Arbitration Association and National Association of Securities Dealers (NASD). He has been named as an expert in disputes subject to the Financial Industry Regulatory Authority (FINRA). He has been appointed by U.S. District Court as a forensic accountant on cases in which he collaborated with the SEC and the FBI. He has been appointed by the U.S. Office of the Federal Public Defender as a consultant on fraud cases. He has also been retained by the U.S. Department of Justice as a consultant in a litigation in U.S. District Court. He has presented testimony at trial, arbitration, and deposition over 95 times. He has been appointed by various circuit courts as a neutral forensic accountant and appraiser.

Harold is a frequent speaker and writer on valuation and forensic accounting. He is a co-author of Financial Valuation:  Applications and Models, 1st-5th ed., a contributing author to Cost of Capital:  Estimation and Applications, 2nd-4th ed., an Editorial Board member for Business Valuation Update, a former editor of the AICPA ABV e-Alert, a former editorial adviser and contributor for the AICPA CPA Expert, a former member of the VSCPA Editorial Task Force for Disclosuresand a former expert panelist for Financial Valuation and Litigation Expert. Harold has been interviewed by The Wall Street Journal and Forbes, as well as numerous other publications.

American Institute of Certified Public Accountants (AICPA)

  • American Institute of Certified Public Accountants (AICPA)
    • Certified Public Accountant (CPA)
    • Accredited in Business Valuation (ABV)
    • Certified in Financial Forensics (CFF)
    • AICPA Business Valuation Hall of Fame, inducted in 2012
    • AICPA Business Valuation Volunteer of the Year Award, 2000 and 2004
    • AICPA National Business Valuation School, former instructor (17 years)
    • AICPA ABV Exam Review Course, former instructor (16 years)
    • AICPA Expert Witness Skills Workshop, former instructor (3 years)
    • AICPA Business Valuation Committee, former member
    • AICPA National Business Valuation Conference Steering Committee, former chair and vice-chair
    • AICPA National Accreditation Commission, former commissioner
    • AICPA ABV e-Alert, former editor
    • AICPA CPA Expert, former editorial advisor and contributing author
    • AICPA Model Business Valuation Curriculum Task Force, former member

Virginia Society of Certified Public Accountants (VSCPA)

  • VSCPA Content Committee, member
  • VSCPA Forensic & Valuations Services Conference, creator and former chair (20 years)
  • VSCPA Disclosures Editorial Task Force, former member
  • VSCPA Board of Directors, former member
  • VSCPA Business Valuation Committee, former chair
  • VSCPA Litigation Services Committee, former chair
  • Selected as a “Super CPA” in business valuation in peer surveys sponsored by Virginia Business each year from 2001 (inception) to 2014 (final year), and was profiled in 2007 edition
  • VSCPA Outstanding Discussion Leader, 2000

American Society of Appraisers (ASA)

  • Accredited Senior Appraiser in Business Valuation (ASA)
  • Richmond Chapter, former president, vice president, and treasurer

Association of Certified Fraud Examiner (ACFE)

  • Certified Fraud Examiner (CFE)

Estate Planning Council of Richmond

  • Emeritus Member

American Academy of Matrimonial Lawyers Foundation Forensic and Business Valuation Division

  • Former member

Financial Consulting Group

  • Member (An invitation only organization of independently owned accounting, business valuation, and financial services firms which provides members processes, tools, and educational and networking events)

Expert Resource Connection, LLC

  • Emeritus member (An invitation only, limited member group of business valuation and forensic accounting professionals formed for the purpose of sharing resources, technical assistance and collaborating on engagements and best practices)

The College of William and Mary

Boy Scouts of America

  • Former Assistant Scout Master
  • Former “Friends of Scouting” Team Captain

Richmond Jaycees

  • Former Member of the Board of Directors
  • Outstanding First Year Jaycee

Editor, Editorial Board, and Expert Panel

  • Member of the Editorial Board for Business Valuation Resources’ Business Valuation Update, a national newsletter published monthly for the business valuation profession, 2016 – present.
  • Editor of the FCG Buzz, a national electronic newsletter published monthly for the members of the Financial Consulting Group who specialize in providing valuation and forensic accounting services, 2024-present.
  • Former member of the Editorial Task Force for the Virginia Society of Certified Public Accountant’s Disclosures, a monthly publication published for members in Virginia, 2016-2022.
  • Former Expert Panelist for Financial Valuation and Litigation Expert, a bimonthly journal that presents the views of leading experts in valuation, forensics/fraud, and litigation services edited by James R. Hitchner, 2006 – 2020.
  • Former Member of Advisory Board for Business Valuation Resources’ Cost of Capital Professional, a software application for estimating the cost of equity, 2018.
  • Former editorial adviser and contributing author for the American Institute of Certified Public Accountants CPA Expert, a national newsletter published quarterly for CPAs who specialize in providing valuation, fraud, and litigation consulting services, 2002 to 2010.
  • Former editor of the American Institute of Certified Public Accountants Business Valuation Committee ABV e-Alert, a national electronic newsletter published monthly for CPA/ABVs who specialize in valuation – 1999 (inception) to 2006.

Books

Periodicals (Selected)

Technical Reviews

  • Fannon, Nancy J., and Jonathan M. Dunitz, eds., The Comprehensive Guide to Economic Damages, 7th ed, Chapter 19: “Lost Profits for Physician Practices and Violation of Noncompete Agreements,” Portland:  Business Valuation Resources, 2023.
  • Hitchner, James R., et al. Discount for Lack of Marketability Guide, Ventnor:  Valuation Products and Services, LLC, 2017.
  • Hitchner, James R., AICPA National Business Valuation School. National Fastener Case Study, Ventnor:  Valuation Products and Services, LLC, 2016.
  • Hitchner, James, Shannon P. Pratt, and Jay E. Fishman.  Hitchner · Pratt · Fishman – A Consensus View – Q&A Guide to Financial Valuation, Valuation Products and Services, LLC, 2016.
  • Zyla, Mark L., Fair Value Measurements – Practical Guidance and Implementation, 2nd ed.  Hoboken:  John Wiley & Sons, Inc., 2013.
  • Trugman, Gary R., Understanding Business Valuation, 4th ed.  New York:  American Institute of Certified Public Accountants, 2012.
  • Pratt, Shannon P., Cost of Capital – Estimation and Applications, 2nd ed.  Hoboken:  John Wiley & Sons, Inc., 2002.
  • Pratt, Shannon P., Business Valuation Discounts and Premiums.  New York:  John Wiley & Sons, Inc., 2001.

Interviews

Insights from Harold

“‘D-I-V-O-R-C-E’ (Apologies To Tammy Wynette)”

Business Valuation Update: 5th Edition of Financial Valuation Applications and Models Book Review

Harold Martin to Speak at AICPA & CIMA Business Valuation School