Sessions For All Days

04

Monday
1:15PM-2:05PM

FVC1901. Economic Keynote

Instructor: Todd Buchholz
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Economics
CPE Credits: 1.0

We will assess the current and future path of the economy, with a focus on the interaction of global monetary policy, trade policy, and politics. We will also address the impact of demographics on government financing and the opportunities and risks in financial markets.
Learning Objectives:

  1. Discover how demographics, technology, and globalization are re-shaping the economy
  2. Identify the signs of economic rallies, and the warning signs of slumps
  3. Identify the political pressures on trade, debt, and interest rates from the U.S. to the E.U. to China

04

Monday
2:35PM-3:50PM

FVC1903. Best Practices In Financial Instruments

Instructor: Oksana Westerbeke, Jeff Scroggs
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5
CEIV CPE/CPD Credits: 1.5

Session Description to Come

04

Monday
2:35PM-3:50PM

FVC1904. Business Interruption Accounting for Causality

Instructor: Danny Williams
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Often there is a need to consider causality in measuring business interruption losses. It may mean isolating the effects of wide-area damage caused by a disastrous catastrophe, accounting for changing economic conditions, or accounting for business model changes. This course will start with a precursor explaining the purpose of business interruption insurance policies and then advance to illustrate best practices in isolating cause and effect in measuring such losses.
Learning Objectives:

  1. Prepare document and information requests, and conduct research, relevant to accounting for causation in measuring business interruption losses;
  2. Implement tools and analytical techniques for isolating and excluding the effects of external factors in measuring business interruption losses;
  3. Articulate coverage questions and speak to relevant case law pertaining to accounting for causality in measuring business interruption losses.

04

Monday
2:35PM-3:50PM

FVC1905. Lessons Appraisers Need to Know from Recent Delaware Valuation Cases

Instructor: Gilbert Matthews
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Specialized Knowledge
CPE Credits: 1.5

In the past four years, the Delaware Supreme Court has issued several major opinions that addressed transaction-related corporate valuations. The presentation will discuss these opinions, as well as numerous valuation-related Court of Chancery in the same period. It will contrast the Delaware courts’ views on arm’s-length transactions vs. related party transactions and will discuss the impact of those view on statutory appraisals. It will also discuss the courts’ views on valuation methods, with a focus on inputs into DCF calculations.
Learning Objectives:

  1. Help valuators understand the impact of Delaware law on valuations and fairness opinions
  2. Assist valuators in preparing for expert testimony

04

Monday
4:00PM-5:15PM

FVC1909. Implementing MPF CEIV

Instructor: Anthony Aaron, Mark Smith
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5
CEIV CPE/CPD Credits: 1.5

Session Description to Come

04

Monday
4:00PM-5:15PM

FVC1910. Forensic Accounting Experts in Corporate Investigations

Instructor: Deanna L. Forbush, Hubert Klein
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

A panel comprised of experienced practitioners discussed practical issues and potential pitfalls that arise in the context of internal investigations. The panel will offered insights on lessons learned in prior investigations and also discussed several investigations that suffered from serious missteps. This session will review the forensic accountants role in Internal Corporate Investigations. It will explore how the forensic accountant works with In-House and Outside Counsel in these type of engagements. There will be an Outside Counsel and In-House Counsel co-presenting with the forensic accountant to ensure a view from the various perspectives of the scope, duties, and various tasks the forensic accountant my be asked to due by counsel. In addition, there will be a discussion of the legal framework and limitations that the forensic accountant needs to be aware of when assisting in Internal Corporate Investigations.
Learning Objectives:

  1. To inform the FLVS professional of the various roles and duties they can perform in an internal corporate investigations.
  2. Provide real life case examples of areas where the FLVS professional assisted in Internal Corporate Investigations and the risks factors and legal framework in which the FLVS professional must work.

04

Monday
4:00PM-5:15PM

FVC1911. Cautionary Tales of Valuation Adjustments & Potential forensic implications in legal proceedings

Instructor: Karolina Calhoun
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Accounting
CPE Credits: 1.5

Valuations of a closely held business in the context of litigation such as in a contentious divorce, shareholder dispute, damages matter or other litigated corporate matter can be multifaceted and may require additional forensic investigative scrutiny. As such, it is important to consider the potential forensic implications of valuation adjustments as they may lead to other analyses. For example, in a divorce business appraisal, a valuation adjustment for discretionary (personal) expenses may, in turn, provide an implied “true income” and pay ability of a spouse. In a dissenting shareholder matter, a valuation adjustment to true-up margins for variations in expenses not consistent with the industry/peers may insinuate dissipation of business assets and require further forensic investigations. These are but two examples - this session will address other examples you will likely face.
Learning Objectives:

  1. Evaluate financial statement adjustments and corresponding implications; and
  2. Interpret the need for forensic services as a result of valuation adjustments, such as tracing services, income determination, and other analyses.

04

Monday
4:00PM-5:15PM

FVC1913. Transaction Structures and Impact on Value

Instructor: Lisa Cribben, Pam Schneider
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Structuring a business sale transactions can affect the cash flow from a potential sale as well as the taxes that would be paid on a sale. The structure ultimately affects the value a buyer is willing to pay or a seller is willing to accept for a transaction. In this presentation you will learn about how the structure of a transaction could affect the ultimate cash flow a seller receives and impacts the price the parties negotiate.
Learning Objectives:

  1. Understand different transaction structures
  2. Learn how transaction structure can impact value

04

Monday
5:25PM-6:15PM

FVC1915. International Investigation: Blurred Lines -Investigating Fraud across borders

Instructor: Chetan Sehgal, Derek Ricci
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.0

The purpose of this session is to provide insights into conducting international investigations from both a legal and accounting perspective. The session will explore challenges and solutions faced while performing investigation across borders.
Learning Objectives:

  1. What to do first - Preliminary phase of investigating fraud internationally
  2. Mobilizing resources in other jurisdictions
  3. Working with 3rd party vendors - vetting
  4. How to recover assets in other jurisdictions and what are the available legal remedies internationally

04

Monday
5:25PM-6:15PM

FVC1916. ¿Comprende? — Communicating Complex Financial Topics

Instructor: Jeffery Tarbell, Chris Mercer
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Accounting
CPE Credits: 1.0

As financial analysts and experts we are often required to explain complex financial topics to the lay-person; whether a judge, a jury, or even our client. This session will provide helpful techniques to improve your ability to communicate effectively and persuasively with an audience that may not share your unique knowledge and experience with a complex topic. Specific techniques covered will include ______________________ and effective use of visual aids.
Learning Objectives:

  1. Identify your audience and their pre-existing knowledge.
  2. Choose visual presentation methods suitable to your audience and your data.
  3. Differentiate between core and unnecessary information.

04

Monday
5:25PM-6:15PM

FVC1918. Personal Goodwill - What is important and What is New

Instructor: James Alerding
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Accounting
CPE Credits: 1.0

Personal Goodwill continues to be a popular topic for business valuation professionals. While it is primarily used in divorce situations, it has other implications such as tax transactions. This presentation will delve into the three components of goodwill as well as discuss related topics. Case law in this area continues to expand and will also be discussed in the presentation
Learning Objectives:

  1. The participant will learn the definitions of goodwill
  2. The participant will learn about the three components of goodwill and how they are applied in practice
  3. The participant will learn some methods of allocation goodwill among its components
  4. The participant will be exposed to some of the important case law in the area of goodwill and its components, including new cases

04

Monday
5:25PM-6:15PM

FVC1919. SSFS 1 - The New Forensic Standards (Repeated in Session 39)

Instructor: Michael Fahlman, Jason Flemmons, Annette Stalker
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Accounting
CPE Credits: 1.0

The session will provide a deeper dive into the new SSFS 1 set to roll out in 2020, provide practitioners with the tools to know when to apply SSFS 1, how to deal with cross examination and deposition questions regarding the requirements of SSFS 1, how to testify in a fraud case under SSFS 1, and discuss some of the common questions and FAQs about SSFS 1 during the exposure period.
Learning Objectives:

  1. When does SSFS 1 apply
  2. SSFS 1 deposition & cross examination implications
  3. How to testify in a fraud case under SSFS 1
  4. FAQs re: SSFS 3

05

Tuesday
7:00AM-7:50AM

FVC19201. FVS Forum: What's New For You?

Instructor: Travis Armstrong, Travis Chamberlain, David Duffus, William Fellows
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Update
Field of Study: Accounting
CPE Credits: 1.0

This session will update members on new practice aids launched since last year's conference.
1. Attaining Reasonable Certainty in Economic Damages Calculations: Revenues, Costs, and Best Evidence
2. Communications in Litigation and Dispute Services
3. Calculating Lost Profits
4. IP Damages PA
5. Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies
6. Financial Instruments Performance Framework

Learning Objectives:

  1. Understand what new non-authoritative guidance has been added to the library in 2019
  2. Learn what has changed and why
  3. Gain a better understanding of how these changes may affect you and your practice

05

Tuesday
8:25AM-9:40AM

FVC1920. Our Automated Future: Learning to Adpat - and Thrive- in the Era of Intelligent Machines

Instructor: Ajay Agrawal
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Update
Field of Study: Information Technology
CPE Credits: 1.5

Artificial intelligence has been with us for decades. But today’s machines are gaining the ability to learn from data and make sophisticated predictions—more cheaply, and more accurately, than human beings. Like the advent of the Internet and the dot-com explosion, machine learning is set to affect foundational changes to our lives (think driverless cars—but that’s just the beginning). From navigation to the Internet of Things, manufacturing to agriculture, health care to the robotic workers set to replace even top-level positions, deep learning will open as many doors as it will close. And to understand these shifts, experts turn to Ajay Agrawal. A leading authority in AI, the co-author of Prediction Machines—and, as a business speaker, a great explainer of complex economic forces—he translates the sweeping power of machines and breaks down why it all matters. How can we take advantage of the growing market for AI? How can we allocate capital and investments today to best prepare for tomorrow? How do we prepare for the disruptions—to long-standing industries, to millions of jobs, and to age-old notions about work, employment, and leisure—that will result? No matter who you are or where you work—a company, an investor, a university or government—Agrawal will help you adapt, and thrive, throughout this economy-wide transformation

05

Tuesday
10:10AM-11:25AM

FVC1922. PE/VC Guide Update

Instructor: Travis Chamberlain, David Larsen
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5
CEIV CPE/CPD Credits: 1.5

Session Description to Come

05

Tuesday
10:10AM-11:25AM

FVC1923. Cybertools for Forensic Accountants

Instructor: Cynthia Herrington
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Information Technology
CPE Credits: 1.5

Financial service professionals and investigators will learn how to conduct business intelligence investigations, due diligence, asset and enhanced background checks using the latest and most effective cybertools.
Learning Objectives:

  1. Learn the latest cyber investigative resources accessible to the AICPA market.
  2. Discover international resources for 2019, and grow your investigative toolkit.

05

Tuesday
10:10AM-11:25AM

FVC1926. Investigation Report Writing (non R26)

Instructor: Travis Armstrong, Nicole Lyons
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Session covers investigation report writing, focusing on all other types of reports other than those required under Federal Rules of Civil Procedure Rule 26 (e.g., non-expert witness report). The session will review elements, visual aids, types of reports, and will also cover the new forensic standard.
Learning Objectives:

  1. Identify the elements of a forensic report
  2. Recognize types of visual data to aid in presenting findings
  3. Differentiate between reports for non-litigative versus litigative settings
  4. Identify pitfalls in report writing

05

Tuesday
11:35AM-12:50PM

FVC1928. Computer Forensics and Forensic Accountants: A Necessary Partnership

Instructor: Michael MacDonald, Gary Pate
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

This session will focus on the integration and partnership of the Computer Forensics and the Forensic Accounting team in Forensic investigations. We will be focusing on the increasing involvement and benefit that Computer Forensic Specialists add to an investigation. The session will also highlight successful case examples that involved both services, pitfalls of not securing electronic information correctly and common Computer Forensic Tools in 2019.
Learning Objectives:

  1. The right and wrong approach to securing computer hardware / email assets
  2. The order of services provided in an investigation involving electronic information
  3. How Computer Forensics can make a Forensic Accounting investigation more efficient

05

Tuesday
11:35AM-12:50PM

FVC1929. BUS COM Update - Valuation of Inventory

Instructor: Gary Roland
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5
CEIV CPE/CPD Credits: 1.5

Session Description to Come

05

Tuesday
1:50PM-2:40PM

FVC1934. Impact of Economic Obsolescence on Valuations

Instructor: Mark L. Zyla
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0
CEIV CPE/CPD Credits: 1.0

ASC 820 Fair Value Measurements describes the cost approach to valuation as the cost to a market participant to buy an asset of comparable utility, adjusted for obsolescence. Financial valuation specialist in financial reporting often rely upon the work of experts in other disciplines, such as real estate appraisers. The financial valuation expert may encounter circumstances where the returns on assets may not be sufficient for the indicated value. In these circumstances, the financial valuation specialist and the real estate appraiser may consider the application of obsolescence on the fair value of the individual assets. In this session Mark will describe situations where application of economic obsolescence may be appropriate.

Learning Objectives:

  1. Understand the concepts of obsolescence in using the cost approach in measuring fair value in financial reporting.
  2. Application of economic obsolescence to a specific asset

05

Tuesday
1:50PM-2:40PM

FVC1935. Seven deadly sins of doing valuation - Part

Instructor: Travis Harms, James R. Hitchner
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0

What are the valuation equivalents to envy, gluttony, sloth, and the like? In this session, our speakers will identify and describe for participants the seven deadly sins of valuations.
Learning Objectives:

  1. Understand the nature of common valuation pitfalls
  2. Learn how to build safeguards into valuation processes and reports to protect against these pitfalls

05

Tuesday
1:50PM-2:40PM

FVC1936. Regulatory Update: Valuation Implications Resulting from Rev Rec, Leasing and other accounting standards

Instructor: Paul Balynsky, Adam Smith
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Accounting
CPE Credits: 1.0
CEIV CPE/CPD Credits: 1.0

This session will provide an overview of recent accounting standard-setting activities impacting the business valuation profession. We will also discuss active projects on the FASB agenda and how those might impact the profession going forward.

Learning Objectives:

  1. Understand the concepts behind recent standards from the FASB including Revenue Recognition and Leasing.
  2. Understand how business valuation professionals are considering these new standards in practice.
  3. Be aware of future standard-setting activities of the FASB.

05

Tuesday
1:50PM-2:40PM

FVC1937. How to Groom and Mentor your Future FLVS Leaders of the Future - Dual Perspectives

Instructor: Hubert Klein, Karolina Calhoun
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Business Management & Organization
CPE Credits: 1.0

This session is for all levels, geared towards narrowing the gap between seasoned practitioners and the NexGen leaders of our professional industry. Real life examples and techniques will be discussed on how to train, motivate and retain team members from staff to management level FVS professionals. The session will help seasoned practitioners to understand and become aware of the challenges in grooming and retaining [young] professionals. Staff turnover hurts an organization in the long run. How to train your staff so they can leave but manage them so they don't want to is the goal. People are a Firms #1 Resource. Attendees will be able to:
Learning Objectives:

  1. Identify issues encountered with motivating and retaining qualified leaders for the future;
  2. Recognize the techniques that can be used to provide transparency for future; and
  3. Understand the development of action plans to improve employee morale, loyalty and professional development.

05

Tuesday
3:10PM-4:00PM

FVC1939. SSFS 1 - The New Forensic Standards (Repeat of Session 19)

Instructor: Michael Fahlman, Jason Flemmons, Annette Stalker
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Accounting
CPE Credits: 1.0

The session will provide a deeper dive into the new SSFS 1 set to roll out in 2020, provide practitioners with the tools to know when to apply SSFS 1, how to deal with cross examination and deposition questions regarding the requirements of SSFS 1, how to testify in a fraud case under SSFS 1, and discuss some of the common questions and FAQs about SSFS 1 during the exposure period.
Learning Objectives:

  1. When does SSFS 1 apply
  2. SSFS 1 deposition & cross examination implications
  3. How to testify in a fraud case under SSFS 1
  4. FAQs re: SSFS 1

05

Tuesday
3:10PM-4:00PM

FVC1940. Seven deadly sins of doing valuation - Part II

Instructor: Travis Harms, James R. Hitchner
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0

What are the valuation equivalents to envy, gluttony, sloth, and the like? In this session, our speakers will identify and describe for participants the seven deadly sins of valuations.
Learning Objectives:

  1. Understand the nature of common valuation pitfalls
  2. Learn how to build safeguards into valuation processes and reports to protect against these pitfalls

05

Tuesday
3:10PM-4:00PM

FVC1941. Understanding the Dark Web

Instructor: Cynthia Herrington
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Information Technology
CPE Credits: 1.0

is class will examine the Dark Web, the channels used to institute private sales and exchanges, and criminal behavior. In this intermediate to advanced hands-on class, participants will gain a thorough understanding of the Dark Web—criminality, anonymity, counterfeit products, child pornography, and human trafficking; learn the directory structures of the Dark Web; and learn Dark Web languages like Tor and Tails and the lingo of this underworld. Training will include exploring dark web channels for content and finding the resources and specialized search engines for searching against Dark Web content.
Learning Objectives:

  1. Attendees will be able to explain Dark Web to their clients.
  2. Attendees will understand how to use Tor safely and effectively, while learning the vulnerabilities, and be able to conduct undercover online investigations on the Dark Web.

05

Tuesday
3:10PM-4:00PM

FVC1942. Practice Management: How to Manage a Forensic/Valuation Practice in a Traditional Accounting Firm

Instructor: To Be Announced
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Business Management & Organization
CPE Credits: 1.0

Session description to come

05

Tuesday
3:10PM-4:00PM

FVC1944. Daubert and Other Horror Stories

Instructor: Jason MacMorran
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: None
CPE Credits: 1.0

This session will provide an overview the gatekeeping function and relevant cases, strategies for managing a challenge to professional opinions, and examples of successful and unsuccessful defenses to challenges.
Learning Objectives:

  1. To understand the rules of the road in challenges to professional opinions
  2. To understand tactics and defenses for challenged opinions

05

Tuesday
4:10PM-5:25PM

FVC1945. Forensic and Valuation Services in a Global Economy

Instructor: Peter Armstrong, Mark L. Zyla
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: Specialized Knowledge
CPE Credits: 1.5

We will be discussing some of the changes and impacts on forensic and valuation professionals of the progression to a more global integrated environment for professionals.
Learning Objectives:

  1. Understand changes that are occurring at the AICPA and globally that are and may impact members
  2. Identify the opportunities, risks and challenges that members may face in an increasingly global economy.

05

Tuesday
4:10PM-5:25PM

FVC1946. PCAOB/SEC Update

Instructor: To Be Announced
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Update
Field of Study: Accounting
CPE Credits: 1.5
CEIV CPE/CPD Credits: 1.5

Session description to come

06

Wednesday
7:30AM-8:45AM

FVC1948. Intersection of Income Market Approach

Instructor: Travis Harms
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

While it is convenient to distinguish between the income and market approaches to value, one should be careful not to overstate the differences. After all, the approaches share a common objective of describing how a transaction for the subject asset would occur on an arm's-length basis at the valuation date. In this session we will explore:
Learning Objectives:

  1. How cash flow forecasts underlying the income approach inform market multiples
  2. How market-derived returns influence discount rates used in the income approach
  3. How to interpret observable market multiples
  4. How to interpret historical market returns and how best to correlate indications of value from the two approaches

06

Wednesday
7:30AM-8:45AM

FVC1949. Tracing Analysis – Follow the Money

Instructor: Stacy P. Collins, Ryan J. White
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Cash tracing has multiple applications. It can be used to differentiate separate and marital property, identify undisclosed assets, prove embezzlement, and more. This course will utilize a case study to illustrate best practices in conducting such investigations. It will guide participants thru a cash tracing analysis from start to finish, providing tips and tools you can apply in your next case.

After attending this course participants will be better able to:
Learning Objectives:

  1. Prepare a record request to begin a cash tracing analysis;
  2. Import and organize bank data effectively and efficiently;
  3. Reconcile data sources to test and validate the nature and purpose of receipts and disbursements;
  4. Evaluate red flags and prepare related follow-up requests.

06

Wednesday
7:30AM-8:45AM

FVC1950. The Forensic Accountant as an Intricate Part of the White Collar Criminal Defense Lawyer's Arsenal

Instructor: Matthew S. Adams, Jessica Giresi, Matthew Lee
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

We explore the various roles for forensic accountants in white collar criminal defense matters, both pre and post indictment, and how to protect their work from overreaching government investigators. From assessing financial loss under the protections of the attorney-client relationship in the midst of an active grand jury investigation, to debunking misplaced government hypotheses about revenue and expenses in the middle of trial, the forensic accountant is an invaluable member of the white collar criminal defense lawyer’s team when that relationship is properly constructed. From engagement, to trial testimony, to sentencing, this panel explores the wide ranging opportunities for forensic accountants in the white collar criminal defense space, and how to protect those engagements from some common pitfalls and misconceptions
Learning Objectives:

  1. Explore the current legal landscape surrounding white collar criminal prosecutions
  2. Understand the contours of a Kovel engagement and the forensic accountants role in defending fraud investigations
  3. Identification of common misconceptions and pitfalls to avoid in white collar investigations

06

Wednesday
7:30AM-8:45AM

FVC1951. Data Analytics Progression Part 2: Advanced CAATs, Automation, and Visualization Case Study

Instructor: Brian Merrill
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: None
CPE Credits: 1.5

This session will discuss use-cases on how to apply Computer Aided Audit Tools, Visualization, and Automation into Forensic engagements. Specifically, learn the building blocks of how (a) IDEA (or ACL) supports forensic audits; (b) Tableau (or PowerBI) helps tell a story with your data; and (c) Automation streamlines various time-consuming tasks.
Learning Objectives:

  1. Learn the basics of how Forensic engagements are enhanced through the application of (a) IDEA/ACL for CAATs; (b) Tableau/PowerBI for Visualization; and (c) Python for Automation

06

Wednesday
8:55AM-10:10AM

FVC1953. Cross-Examination...Inside the brain of an attorney -

Instructor: Daniel Delany, Neil J. Beaton
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

The session will dive into the brain of an attorney, and how they view cross-examination, and some of the theory, strategies, and methods employed by attorneys. It will also cover things to look out for and how to stick to your points, expertise and opinions.
Learning Objectives:

  1. Understand the attorney's point of view
  2. Understand common tactics attorneys use
  3. Learn ways to detect traps
  4. Learn ways to stay in your lane

06

Wednesday
8:55AM-10:10AM

FVC1954. How To Ensure You Don't Get Excluded – Assessing Data Reliability Issues in Quantifying Damages Tips

Instructor: Prem M. Lobo, Daniel Ross
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Damages experts are ever-more frequently being challenged on the reliability of their opinion evidence under the Daubert standard. One of the most commonly cited reasons for excluding experts is that their analyses were not supported by sufficient facts or data. This session will use detailed examples from case law to identify specific risk-areas that CPAs need to be aware of when working on cases with data issues, and the types of procedures they can use to protect themselves from being excluded as an expert witness at trial. This presentation will provide practical, hands-on insights directly relevant to both US and Canadian practitioners. The presentation will be delivered in a high-energy and interactive manner that will aim to capture the interest of the audience. Attendees will:
Learning Objectives:

  1. Delve into several court rulings where damages experts were challenged on the basis of reliability in order to understand how the courts interpreted these challenges and viewed the experts’ work.
  2. Identify common data issues that are encountered by experts when preparing their reports.
  3. Learn approaches that experts can take to deal with data issues in their analyses and to avoid their opinions being excluded through Daubert challenges (in the US) and non-Daubert challenges (in Canada).

06

Wednesday
8:55AM-10:10AM

FVC1955. Bankruptcy, Insolvency & The Financial Expert

Instructor: Kenneth DeGraw, Catherine Youngman
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Session covers roles accountants play in bankruptcy engagements, nuances regarding each of the roles, and interplay between attorney and forensic accountant/financial advisor in distressed situations. Matters including Assignment for the benefit of Creditors, Receiverships, Bankruptcies, and Liquidating Trusts: Learning objectives as follows:
Learning Objectives:

  1. Identify assignee, trustee, examiner, and receiver roles and responsibilities
  2. Formulate procedures and considerations for each of the roles, and
  3. Understand the interplay between the attorney and forensic accountant

06

Wednesday
8:55AM-10:10AM

FVC1956. Estate Planning and Valuation: Current issues and topics

Instructor: Lisa Cribben, Pam Schneider
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Valuations are still are critical part of estate planning. This session will provide some current considerations in estate planning and how valuations play into the estate planning process.
Learning Objectives:

  1. Understand the current regulatory environment for estate planning
  2. Understand the planning tools estate planners use and how valuations plan into those tools

06

Wednesday
10:30AM-11:45AM

FVC1959. Scale Your Business Model

Instructor: Rod Burkert
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.5

For the most part, our traditional client service model is 1-to-1, 1-and-done. That means last year’s clients must be replaced this year to maintain the “old” revenue status quo. And to grow, we must add more new clients than the number that dropped off. Then that many more clients need to be replaced the following year to maintain the “new” revenue status quo. But it is more than just finding new clients. Because even if we are good at attracting leads and converting them into new clients, we ultimately must deliver the work … each year … every year … into perpetuity. And since there are only so many hours in a day, we can only serve so many clients in a year. This model does not scale. We are pushing the boulder up a hill; we are the mythical Sisyphus. There is an alternative – a 1-to-many business model that can augment our 1-to-1 client service model and give us more time, money, and freedom in our practices.
Learning Objectives:

  1. Understand how to augment a traditional 1:1 client service only business model with scalable 1:many BVFLS products.
  2. Learn what kind of 1:many BVFLS products can be created to appeal to people in the attendee's practice area or industry niche.

06

Wednesday
10:30AM-11:45AM

FVC1960. Clear and Convincing Communications that are Jury Friendly

Instructor: Deborah Johnson
Career Stage: The Self Starter, The Experienced Pro, The Trusted Leader
Knowledge Level: Overview
Field of Study: None
CPE Credits: 1.5

You may have stunning credentials, specialized knowledge and prepare a faultless analysis, but you need more than that to engage and influence a jury. You must have finely tuned “soft” skills – the ability to relate to them, to communicate complex ideas in an easy-to-absorb manner, and to defend without being defensive. Mastery of these soft skills determine whether you are only an expert on paper, or an expert who can help win cases. In this presentation learn what jurors want and why.
Learning Objectives:

  1. Discover the three keys to connecting with the jury on their level.
  2. Identify things you can do to polish up your presentation for maximum impact in the courtroom.

06

Wednesday
11:55AM-1:10PM

FVC1964. Deposition - Preparation, Objectives, and Nuances

Instructor: Stacy P. Collins, Cindy Joseph, Francesca Resch
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

Deposition itself is not a trial, nor is it an opportunity to convince anyone, especially the other lawyer, about how right you are. Nothing you say will "win" the case, however something you say may "lose" the case. In this session you will
Learning Objectives:

  1. Identify preparation approaches.
  2. Learn the art of answering the specific question asked, and
  3. Identifying the opportunities to expand an answer for strategic purposes

06

Wednesday
11:55AM-1:10PM

FVC1965. TBD - M&A Damages

Instructor: Jeff Livtak
Career Stage: The Experienced Pro
Knowledge Level: Intermediate
Field of Study: None
CPE Credits: 1.5

Session Description to Come