Broadcast Date: Tuesday, December 01, 2020
from 12:00 pm to 1:00 pm (ET)

Overview:

The economic uncertainty brought by the COVID-19 crisis presents a higher degree of challenge among businesses, giving significant changes and critical issues in business valuation. Fortunately, the U.S. Securities and Exchange Commission (SEC) had proposed certain regulatory and reporting obligations relief and useful guidance on corporate disclosures, potentially helpful for companies as they navigate and address the impacts of the pandemic on their businesses and prospects.

However, companies and their counsel still need to be well equipped with strategic approaches for effective business valuation in addressing significant issues and avoiding legal risks and pitfalls.

Valuation experts Thomas J McNulty (ValueScope) and Keith Balla (PKF O’Connor Davies, LLP) will provide the audience with an in-depth analysis of the implications of COVID-19 in business valuation. Speakers will also tackle emerging issues and risk mitigation strategies to ensure that they are positioned for success even during the pandemic.

Some of the major topics that will be covered in this course are:

  • Trends and Development in Business Valuation
  • COVID-19 Implications
  • Key Issues, Challenges, and Opportunities
  • Practical Strategies and Best Practices
  • Outlook

LEARNING OBJECTIVES:

  • Identify unique COVID-19 risk factors, valuation impact, and significant key considerations in handling business valuation issues
  • Determine the various issues in liquidation, cost of equity, debt and capital, and discounted cash flow

Credit:

Course Level:

Intermediate

 

Advance Preparation:

Print and review course materials

 

Method of Presentation:

On-demand Webcast (CLE); Group-Internet Based

 

Prerequisite:

General knowledge of business valuation

 

Course Code:

149249

 

NY Category of CLE Credit:

Areas of Professional Practice

 

NASBA Field of Study:

Accounting – Technical

 

Total Credit:

1.0 CLE

1.0 CPE (Not eligible for QAS (On-demand) CPE credits)

Speaker Panel:

Thomas J McNulty CQF, FRM, MBA, Principal
ValueScope

Tom McNulty is a ValueScope Principal based in Houston Texas, and is our Energy Practice Leader.  His responsibilities include financial consulting, valuation analysis, transaction and dispute advisory, and expert testimony.  Tom 25 years of experience working across numerous industries as well as the entire energy value chain.  He draws on a rare combination of industry, banking, consulting, and government experience to provide his clients with transaction, financial advisory, litigation, and valuation opinion services.  Tom is a nationally recognized energy industry expert and is a frequent contributor on CNBC, Fox Business, and Bloomberg TV.  In addition to his deep knowledge and experience in the energy industry, Tom is well respected for his expertise in derivatives pricing and valuation.  As an advisor, and in his corporate career, Tom has delivered more than $53 billion in transaction, valuation, restructuring, and litigation projects, much of which is energy related.  He has also advised on, or executed, $13 billion in M&A and principal investment deals, and executed or valued more than $14 billion notional in derivative instruments.  His expert litigation work has included shareholder disputes, business valuation, derivatives and hedging, bankruptcy and restructuring matters, and economic damages assessments.

Tom holds the prestigious CQF (Certificate of Quantitative Finance) and FRM (Financial Risk Management) designations and received his BA from Yale University and MBA from Northwestern’s Kellogg School with various honors.

Keith Balla, CPA, PSA, ABV, CFF, CGMA, Partner
PKF O’Connor Davies, LLP

Keith S. Balla is a partner of the firm and has more than 25 years of experience in financial disputes, commercial damage calculations, fraud investigations, contract disputes, operational and efficiency reviews, valuations, and business succession planning.

Keith is involved with the Firm’s Government and Business Litigation groups. His in-depth auditing and investigative accounting background extends to clients in both the public and private sectors.

A frequent speaker, Keith shares his forensic investigating knowledge with others and has appeared on several broadcast news segments as an authority on various tax and white-collar crime investigation issues. He is also part of an array of accredited industry and law organizations in New Jersey.

Agenda:

SEGMENT 1:

Thomas J McNulty CQF, FRM, MBAPrincipal

ValueScope

  • Unique Risk Factors Caused by COVID
  • Overview of the Valuation Impact
  • Specific Recommendations
    • Adjustments to the Guideline Public Company Method
    • Adjustments to the Guideline Transaction Method
    • Adjustments to the Income Approach
    • Other Key Factors to Consider
    • Value of Simulation Models in the COVID Environment
  • Industry Spotlight-COVID Impact on the Energy Complex

SEGMENT 2:

Keith Balla, CPA, PSA, ABV, CFF, CGMAPartner

PKF O’Connor Davies, LLP

  • Liquidation or Going Concern
  • Known or Knowable
  • Key Economic and Industry Data
  • Cost of Equity, Debt and Capital
  • Discounted Cash Flow

Date & Time:

Tuesday, December 01, 2020

12:00 pm to 1:00 pm (ET)

Who Should Attend:

  • Chartered Business Valuators
  • Chief Finance Officers
  • Finance Reporting Personnel
  • Accountants
  • Finance Executives
  • Compliance and Risk Managers
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SPEAKERS

Thomas J McNulty CQF, FRM, MBAPrincipal
ValueScope
Keith Balla, CPA, PSA, ABV, CFF, CGMAPartner
PKF O’Connor Davies, LLP

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