• Litigation Consulting - QuickRead Top Story

    When Credentials Aren’t Enough: Lessons from the Exclusion of a Highly Qualified Damages Expert

    A well-seasoned and highly educated CPA walked into federal court to present a lost profits analysis. He walked out of the courthouse completely excluded from testifying. This article recounts why he was excluded and lists a number of lessons one can glean from the case because having one or more credentials will not save one from exclusion. A CPA with more than 25 years of experience walked into federal court to present a lost profits analysis. He held the ABV, ASA, and CFP designations. In addition, he held a master’s degree in taxation and had decades of experience at major…

  • QuickPress - Valuation/Appraisal

    NYU’s Legendary Valuation Expert: 4 Things Apple Must Do To Become A Hot Stock Again —Business Insider

    Aswath Damodaran, NYU’s Legendary Valuation Expert, Recently Argues that there’s a 90% Chance Apple is Undervalued.  Here’s Why.   This comes in the wake of Apple shares’ breathtaking plunge from recent highs. (That’s be about $700 in September to $425 or so today.) In a new blog post, Sam Ro at Business Insider reports that Damodaran thinks that management can learn a few things from the recent market volatility, and he offers some advice.  Here are his four tips verbatim (emphasis courtesy of Business Insider’s Sam Ro:   Build up credibility with investors: The company has to regain credibility with investors. Apple…

  • Practice Management - QuickPress

    Alphabet Soup

    Alphabet Soup AccountingToday‘s Danielle Lee writes that “A growing roster of professional designations fosters credential-mania,” among CPAs, and devotes an article to surveying some of the most popular credentials today, including those from NACVA: The CVA. The National Association of Certified Valuators and Analysts’ CVA credential does require a CPA license, along with coursework and an exam. Established in 1991, the credential is now held by more than 4,000 designees. The CVA is “extra important because the profession – valuating businesses – is in a constant state of change,” said Mark Morris, chair of NACVA’s valuation credentialing board. “New theories…