Demystifying Valuation, Economic Damages + Forensic Accounting

Valuation of FLP’s and Other Pass-Thru Entities

Family limited partnerships (FLPs) are complex financial arrangements that present unique valuation issues. Henry & Horne, LLP takes a unique approach in valuing equity interests in these types of entities. Some appraisers value these entities by reference to the value of the underlying assets of the FLP and applying a discount for lack of control based …

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Buy-Sell Agreement: Part II

Value is addressed in the Buy-Sell agreement. It can be a fixed price, a formula to determine value, or a process to determine value. A fixed price is perhaps the easiest to understand and the most at risk of rewarding one party at the expense of another. It may be a reasonable measure of value …

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Buy-Sell Agreement: Part I

Buy-Sell agreements can be an important part of your business, and should be well thought out. They can have legal, tax and valuation ramifications, so you should consult experts in each of these fields when drafting or modifying a Buy-Sell agreement. Buy-Sell agreements can be used for several purposes. The agreement can provide a market …

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Business Valuation Certifications

Congratulations to my colleague, Brian Christensen, who received the Accredited Senior Appraiser designation in the business  valuation specialty from the American Society of Appraisers in May 2009. This is considered by many to be the most prestigious of the professional business valuation designations in North America based on the hurdles to earning the designation. The …

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Valuation Services as a Management Tool

Most of your clients come to us for business valuation services because of outside requirements. They need an appraisal for tax compliance, financial reporting, or estate and gift planning among other reasons. While these are all legitimate needs you may face, you should also want an appraisal. If you’re thinking, why do I want an …

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Fraud Is On the Rise Due To the Economic Recession

The current economic crisis has lead to an increase in fraud, according to a new survey of fraud experts conducted by the Association of Certified Fraud Examiners, (ACFE).  The purpose of the survey, published in the new ACFE report “Occupational Fraud: A Study of the Impact of an Economic Recession”, was to gain insight into …

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The “Double Dip” Issue

I spoke with two attorneys last week about a couple of business valuations and it was interesting that both attorneys mentioned they were concerned about the “double dip.” It got me thinking about the issue and how one would go about quantifying the effect. For those not familiar with this, a “double dip” may result …

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