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Update

Forensic Accounting - Fraud - Business Valuation

 


May 2009

This month's features:

"Mergers & Acquisitions: When & How to Use a Valuation Expert"

In mergers and acquisitions, a valuation expert should be used that has experience in such transactional work, since M&As presents unique challenges and requires specific expertise. This article describes a few of the issues involved in these transactions, as well as several ways a valuation expert could be used if a merger or acquisition is contemplated. Click here for complete article

"Insights on Valuation" -- 2nd Quarter, 2009 Issue

We are pleased to include our quarterly newsletter "Insights on Valuation." In this issue, we discuss:

"Doom and Gloom: Opportunity to Gift": This article discuss one of the the opportunities created by the current economic conditions -- the ability to make gifts of a greater ercentage of the ownership of your company without increasing your estate and gift tax cost.

"Calculation Engagement": The purpose of this article is to define and discuss the “calculation engagement." Clients will typically request a calculation engagement when a reliable estimate can meet their business purpose for the valuation.

"Discount Rates in Times of Uncertainty": This article explains how the discount rate has been influenced by the economic meltdown, causing valuation analysts to reassess their traditional methods of deriving estimates and data for the build-up method.

Practice Profile:
Business Valuation Services for Mergers and Acquisitions

The methodology for business valuations for mergers and acquisitions can be complex. Numerous issues are considered, including revenues, profits and cash flow; capital and working capital requirements; comparable deals; multiples; sales, earnings, EBITDA; book value and adjusted book value, etc. As such, M&A transactions require a knowledgeable and experienced valuation specialist.

The specialists in Arxis Financial’s “Business Valuation” practice provide clients with a comprehensible valuation that carefully considers critical factors in the M&A context.  We also have extensive experience in presenting and defending our findings in litigation proceedings. Our clients benefit from having valuation professionals who understand the realities of market valuations much better than the purely theoretical practitioners, resulting in very defensible and clear valuations. Our experts are well-known in the industry and highly respected for their depth of knowledge and resources.

Partner Profile:

The Business Valuation practice is headed by partner Chris L. Hamilton, CPA, CFE, CVA, DABFA. Mr. Hamilton is a Certified Public Accountant, Certified Fraud Examiner, Certified Valuation Analyst, and a Diplomate with the American Board of Forensic Accounting. He is a licensed life and disability insurance agent and a General Securities Representative. Mr. Hamilton has published articles in several publications, and has made presentations at national conferences, training institutes and seminars on topics including forensic accounting, fraud and business appraisal.

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Copyright 2009 Arxis Financial. Articles may not be reprinted without permission.




Chris Hamilton Photo
Chris Hamilton, CPA CFE, CVA, DABFA
chamilton@arxisgroup.com
(805) 306-7890
www.arxisfinancial.com
Chris Hamilton Photo
Litigation Consulting
Forensic Accounting - Fraud - Business Valuation
 

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