Valuation Techniques: Inputs and structure of a business valuation, common errors, and the art of cross-examining opposing experts

Riley Busenlener
Riley Busenlener
Chaffe & Associates

Mr. Busenlener, CPA/ABV, ASA, AEP, JD, is a Vice President at Chaffe & Associates, Inc. He has over 17 years of experience in business valuations for a wide range of tax reporting and litigation purposes.

Nene Glenn Gianfala
Nene Glenn Gianfala
Chaffe & Associates

Ms. Gianfala is Vice President of Chaffe & Associates and received her Bachelor of Science in Management from Tulane Freeman School of Business and Master of Business Administration from the University of New Orleans.

On-Demand: October 22, 2024

2 hour CLE

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Program Summary

Session I – Business Valuation Essentials: Understanding methods, standards, and key financial concepts – Riley Busenlener and Nene Glenn Gianfala

Learn the basics of business valuation, including when a valuation is needed, financial statement analysis, qualitative and quantitative factors that impact your valuation, different valuation approaches, and much more. This session will give participants a basic understanding of the inputs and structure of a business valuation. This session will cover valuation basics and theoretical foundations, standards and premises of value, valuation standards and accuracy, valuation methods and techniques, and cost of capital and discount rates.

Key topics to be discussed:

  • Valuation basics and theoretical foundations
  • Standards and premises of value
  • Valuation standards and accuracy
  • Valuation methods and techniques
  • Cost of capital and discount rates

Session II - Precision in Practice: Identifying errors and cross-examining valuation experts – Riley Busenlener and Nene Glenn Gianfala

This session is designed to equip legal professionals with the knowledge and skills needed to critically evaluate valuation techniques and methodologies. Participants will gain a deeper understanding of how common errors in valuations can significantly impact the value of assets or businesses and learn strategies to identify and address these errors effectively. The session will also provide practical insights into the art of cross-examining opposing experts, enabling attorneys to challenge flawed valuations with confidence and precision. Attendees will enhance their ability to advocate for their clients by ensuring that valuations are accurate, reliable, and withstand scrutiny in legal proceedings.

Key topics to be discussed:

  • Identify common errors in valuations and their impact on value
  • Understand how common errors in valuations should have been addressed
  • Effectively cross-examine opposing experts on common errors in valuations

This course is co-sponsored with myLawCLE.

Closed-captioning available

Speakers

Riley Busenlener_FedBarRiley Busenlener | Chaffe & Associates

Mr. Busenlener, CPA/ABV, ASA, AEP, JD, is a Vice President at Chaffe & Associates, Inc. He has over 17 years of experience in business valuations for a wide range of tax reporting and litigation purposes. He has taught business valuation and accounting at local universities and has served as a member of the Appraisal Standards Board. Mr. Busenlener has been a designated member of ASA for over 12 years having served as Treasurer and President of the Harold S. Clark, New Orleans Chapter. He received his Bachelor of Civil Law and Juris Doctor from LSU Paul Hebert Law Center. He received his Bachelor of Science from Florida State University. He received his Master of Accounting from Florida State University.

 

Nene Glenn Gianfala | Chaffe & Associates

Ms. Gianfala is Vice President of Chaffe & Associates and received her Bachelor of Science in Management from Tulane Freeman School of Business and Master of Business Administration from the University of New Orleans. Ms. Gianfala is a licensed CPA, Accredited in Business Valuation by the AICPA and Accredited Senior Appraisers/Business Valuation by the American Society of Appraisers. Ms. Gianfala is an ASA with a specialty in Intangible Assets. She also holds securities licenses 27, 63, and 79.

Agenda

Session I – Business Valuation Essentials: Understanding methods, standards, and key financial concepts | 11:50am – 12:50pm

  • Valuation basics and theoretical foundations
  • Standards and premises of value
  • Valuation standards and accuracy
  • Valuation methods and techniques
  • Cost of capital and discount rates

Break | 12:50pm – 1:00pm

Session II – Precision in Practice: Identifying errors and cross examining valuation experts | 1:00pm – 2:00pm

  • Identify common errors in valuations and their impact on value
  • Understand how common errors in valuations should have been addressed
  • Effectively cross-examine opposing experts on common errors in valuations

Credits

Alaska

Approved for CLE Credits
2 General

Our programs are CLE-eligible through Alaska's recognition of multi-jurisdictional reciprocity.
Alabama

Pending CLE Approval
2 General

Arkansas

Approved for CLE Credits
2 General

Arizona

Approved for CLE Credits
2 General

California

Approved for CLE Credits
2 General

Colorado

Pending CLE Approval
2 General

Connecticut

Approved for CLE Credits
2 General

District of Columbia

No MCLE Required
2 General Hours

Delaware

Pending CLE Approval
2 General

Florida

Approved via Attorney Submission
2.5 General Hours

Receive CLE credit in Florida via Attorney Submission.
Georgia

Approved for CLE Credits
2 General

Hawaii

Approved for CLE Credits
2.4 General

Iowa

Pending CLE Approval
2 General

Idaho

Pending CLE Approval
2 General

Illinois

Pending CLE Approval
2 General

Indiana

Pending CLE Approval
2 General

Kansas

Pending CLE Approval
2 Substantive

Kentucky

Pending CLE Approval
2 General

Louisiana

Approved for Self-Study Credits
2 General

Massachusetts

No MCLE Required
2 General Hours

Maryland

No MCLE Required
2 General Hours

Maine

Pending CLE Approval
2 General

Michigan

No MCLE Required
2 General Hours

Minnesota

Approved for Self-Study Credits
2 General

Missouri

Approved for CLE Credits
2.4 General

Mississippi

Pending CLE Approval
2 General

Montana

Pending CLE Approval
2 General

North Carolina

Pending CLE Approval
2 General

North Dakota

Approved for CLE Credits
2 General

Our programs are CLE-eligible through North Dakota’s recognition of multi-jurisdictional reciprocity. Section 1, Policy 1.14
Nebraska

Pending CLE Approval
2 General

The Federal Bar Association reports attendance to Nebraska on each attorney's behalf for all programs. Please do not self-report.
New Hampshire

Approved for CLE Credits
120 General Minutes

As of July 1, 2014, the NHMCLE Board no longer provides pre- or post-approval of courses. Attendees must self-determine whether a program is eligible for credit, and self-report their attendance online at www.nhbar.org, based on qualification provisions of Rule 53.
New Jersey

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New Jersey's recognition of multi-jurisdictional reciprocity, except for the courses required under BCLE Reg. 201:2
New Mexico

Approved for Self-Study Credits
2 General

Nevada

Pending CLE Approval
2 General

New York

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New York’s Approved Jurisdiction Group “B”.
Ohio

Pending CLE Approval
2 General

Oklahoma

Pending CLE Approval
2.5 General

Oregon

Pending CLE Approval
2 General

Pennsylvania

Approved for Self-Study Credits
2 General

Rhode Island

Pending CLE Approval
2.5 General

South Carolina

Pending CLE Approval
2 General

South Dakota

No MCLE Required
2 General Hours

Tennessee

Approved for Self-Study Credits
2 General

Texas

Approved for CLE Credits
2 General

Utah

Pending CLE Approval
2 General

Virginia

Not Eligible
2 General Hours Hours

Vermont

Approved for CLE Credits
2 General

Washington

Approved via Attorney Submission
2 Law and Legal Hours

Receive CLE credit in Washington via Attorney Submission. myLawCLE will supply Washington state attorneys with instructions on how to gain credit.
Wisconsin

Approved for Self-Study Credits
2 General

West Virginia

Pending CLE Approval
2.4 General

Wyoming

Pending CLE Approval
2 General

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