Bethany Hearn

CliftonLarsonAllen LLP

Bethany Hearn is a Principal at CliftonLarsonAllen, LLP and has almost 30 years of public accounting experience with the last 18 focused on providing valuation and forensic accounting services to owners of privately-held companies. Bethany performs valuations of businesses and intangible assets for a variety of purposes including financial reporting, tax, merger and acquisitions, shareholder disputes, marital dissolutions, and bank financing. In addition to valuation services, Bethany provides business succession planning services to business owners and has served as an expert witness for valuations in shareholder disputes and marital dissolutions in Illinois and Michigan.

Bethany regularly speaks on valuation, succession and transaction topics to professional organizations, including the American Institute of Certified Public Accountants (“AICPA”), state CPA societies, estate planning councils and attorney groups and has authored numerous articles for business journals. Bethany is a graduate of Northern Illinois University with a degree in Accountancy. She is a licensed CPA in the state of Illinois and is Accredited in Business Valuation (ABV) and Certified in Financial Forensics (CFF). Bethany has been active with the AICPA for several years teaching through webinars, at the national forensic and valuation conferences and the national business valuation school, and serving on the ABV Credential Committee and ABV Exam Task Force for the last three years. Bethany began a three-year term as Chair of the ABV Credential Committee in January 2018.


Sessions

The Income Approach is the most commonly used approach to value closely held operating companies. Two key components to the Income Approach are the discount rate and net cash flow. As valuation More