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Update

Forensic Accounting - Fraud - Business Valuation

 


May 2012

"Insights on Valuation"

The latest issue of our “Insights on Valuation” newsletter is now available. Arxis Financial, Inc. is pleased to provide this highly respected, nationwide publication which features valuable information that is applicable to many litigation matters. Topics in this issue include:

• Forensic Business Valuation: Under the best of circumstances, a business appraisal is time consuming and involves providing a total stranger (the appraiser) all of the intimate financial, management, and competitive information for the firm. It is a disruptive experience even when it is authorized and cooperative. In some cases, the process is hindered or even uncooperative. When this is the case, the appraiser is forced to take a forensic approach. The experienced appraiser brings the skills of a financial analyst, accountant, economist and, when needed, a detective.

• The Importance of Business Valuation Standards:
The Certified Valuation Analyst (CVA) exercises professional judgment throughout the business valuation process from the first client meeting to the delivery of the final report. The valuator’s judgment is influenced heavily by work experience and stringent adherence to the standards established by the CVA’s governing body, the National Association of Certified Valuators and Analysts (NACVA). Each of the three national associations has formal, written business valuation standards. These standards hold in common certain general requirements covering ...

• The Role of a Non-Compete Agreement in a Valuation for Divorce Purposes: In certain jurisdictions (check with a divorce attorney), the assumption of a non-compete agreement that underlies a conclusion of value may trigger argument over whether the value attributable to the non-compete represents personal goodwill and is, therefore, excludable from the marital estate. The idea behind this exclusion is that since the non-compete agreement restricts the post-marital activity of the spouse who would sign it, its value is his personal, non-marital asset. This idea should not apply in most situations for three basic reasons ...


Speeches:
Upcoming Speaking Engagements for Chris Hamilton

May: CALCPA/San Fernando Valley – Presentation on "Fraud and Forensic Accounting"

May: Business valuation round table – Cal State University Northridge

May: Presentation for the Ventura County Family Law Bar Association on “Understanding Tax Returns”


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 2012 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
@ArxisChris on Twitter
Chris Hamilton Photo
Litigation Consulting
Forensic Accounting - Fraud - Business Valuation
 

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