Valuation, Forensic Accounting & Litigation Services Conference

Valuation, Forensic Accounting & Litigation Services Conference
Thursday, January 09, 2020 - Friday, January 10, 2020
The Westin Ft Lauderdale - 400 Corporate Dr, Ft Lauderdale, FL 33334-3640
8:00am - 5:30pm (opens at 7:30am) EST
Accounting and Auditing and Technical Business

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

$495.00 Early Registration (through 12/09/2019)
$550.00 Regular Price
$745.00 Early Registration (through 12/09/2019)
$800.00 Regular Price
Course Type: CPE Conferences
Course Code: 19/LC
Level: Update
Vendor: Florida Institute of CPAs
Field of Study: Business Management & Organization, Communications and Marketing, Economics, Specialized Knowledge, Information Technology


Image:VFALS Chair
VFALS Conference Chair

Message From the Chair - Sheri Schultz

Become Anticipatory in Valuation, Forensic Accounting and Litigation Services.
Uncovering the Truth, Protecting Your Business

Electronic data analysis is one of the most pressing issues facing CFF and ABV finance professionals. "Big Data," along with increased complexity and scrutiny of engagements; competition and fee pressures; and regulatory changes all directly impact the CPA working in Business Valuation, Forensic Accounting & Litigation Services. Join our thought leaders for two full days of customized learning to push your career, and profession, forward.

CPE/CLE Credit:

This conference may qualify for up to 17 hours of CPE credit and is subject to change. CPE credit is subject to approval by the Florida Department of Business and Professional Regulation.  The type of credit earned depends on concurrent breakouts chosen.  Please indicate choice of breakouts on the registration form.

Application has been made for 17 hours of CLE Credit by the Florida Bar.  You must apply directly to the Florida Bar for CLE credit.

Applicable to all ABV® and CFF® credential holders.

Conference Materials

Conference reference materials are distributed to registrants electronically in advance of the program.  There will not be printed material available on site. This fully searchable PDF includes speaker presentations and is intended for electronic use only.


Follow the FICPA on Twitter @ficpa and use #ficpaLC to Tweet about this conference.


Thursday, January 9, 2020

Utilizing Data Analytics to Identify Data Anomalies

Time: Thursday 8:10am - 9:50am Credits: 2 AA

Explore the benefits of data analytics, including the discussion of actual fraud uncovered using data analytic software.  Learn different data mining techniques to identify anomalies, including numeric theories, proximity analysis and fuzzy matching.  Explore process automation, artificial intelligence, and horizon issues.  Understand, through actual demonstration using data analytic technology, why this methodology is vital to your continued success.


Using Digital Forensics in Financial Investigations

Time: Thursday 10:00am - 10:50am Credits: 1 TB

Explore digital forensics and its impact on the profession.  Determine if documents have been altered to conceal information.  Learn about tracing transactions, including identifying and recovering deleted files. Understand Internet history including searches, web visits and downloads.  Also, receive a glimpse into cyber threats and the steps you need to take to protect yourself and your clients.


Breakout 1: Emerging Issues in Cannabis and Hemp/CBD Appraisals: Hot Buttons, Lessons Learned, Challenges and Trapdoors

Time: Thursday 10:50am - 11:40am Credits: 1 TB

Learn about appraisal nuances in the cannabis and hemp sectors, with a focus on the application of the discounted cash flow method under the income approach to value and the use of market data under the market approach to value.  Explore industry resources and how to keep current with the rapidly evolving landscape for licensing in the regulated legal side of the cannabis industry, as well as the dynamics in play in the agricultural hemp sector.


Breakout 2: The Use of Forensic Accounting in International/Cross-Border Fraud Cases

Time: Thursday 10:50am - 11:40am Credits: 1 TB

How can and should forensic accountants be used to maximum effectiveness in international/cross-border fraud cases?  Learn about identifying victims, quantifying losses, de-coding the underlying fraud, tracing proceeds and proving intent through the use of forensic accounting from counsel's perspective.



Time: Thursday 11:40am - 1:00pm

Overview of the Evolving U.S. Landscape for Cannabis and Hemp/CBD

Time: Thursday 11:40am - 1:00pm Credits: 1 TB

Gain a top-level understanding of the cannabis sector, including the impact of 280E and the 1970 CSA; 2014 and 2018 farm bills for agricultural hemp; banking and access to capital; legislative and M & A landscapes; recent case law; and lessons learned from Canada and Colorado.


Breakout 3: Recent Developments in Cost of Capital

Time: Thursday 1:00pm - 1:50pm Credits: 1 TB

Learn about recent developments in cost of capital.  Examine falling riskfree rates and determine how they affect cost of equity estimates.  Explore the pros and cons of backward-looking and forward-looking equity risk premiums.  Compare model inputs from multiple data sources.


Breakout 4: The Role of the Forensic in Achieving Reasonable Certainty

Time: Thursday 1:00pm - 1:50pm Credits: 1 TB

Reasonable certainty-the standard necessary to prove civil liability.  What information should the expert require?  When can the expert rely on information provided to him/her by the parties? Causation vs. correlation?  Bulletproofing your report.


Breakout 5: Purchase Price Allocation: Methods for Valuing and Allocating Goodwill and Intangible Value in Divorce

Time: Thursday 2:00pm - 2:50pm Credits: 1 TB

Learn how to utilize purchase price allocation methods to properly measure goodwill and intangible value in the valuation of a closely held business for divorce (among other purposes.)  This session will assist appraisers and accountants in properly measuring goodwill and non-compete for purposes of bifurcating personal goodwill from total good will.  Explore intangible asset value (separate from goodwill) that should be separate and valued in the context of a divorce.


Breakout 6: The Art of Persuasion: Aristotle's Rhetoric and the 21st Century Testifying Expert

Time: Thursday 2:00pm - 2:50pm Credits: 1 TB

This session will focus on a model of effective persuasion, based upon Aristotle's Rhetoric that can be used by testifying experts to increase his/her effectiveness in the courtroom.  View video examples and excerpts from famous speeches to demonstrate the various components of effective persuasion.


Breakout 7: Terminal Value Nuances and Best Practices

Time: Thursday 3:00pm - 3:50pm Credits: 1 TB

Learn the issues that drive many terminal valuations.  Issues include perpetuity versus exit multiples; discounting the terminal value to present value, corporate mortality, teasing out implied assumptions; and ensuring that temporary items are not extrapolated into perpetuity.


Breakout 8: Alimony: No Longer Deductible, but Still Lots to Talk About

Time: Thursday 3:00pm - 3:50pm Credits: 1 TB

Learn about controversial issues in current alimony cases.  How is the expert to opine on need and ability to pay?  Hear considerations in determining a party's need based on expenses, lifestyle and imputation of income from earnings, investments and employment.  Examine issues that arise in analyzing a party's ability to pay with a focus on looking at not only actual earnings but also imputed income, employment benefits and their impact on income and other considerations.  Trends in alimony awards (both as to duration and amount) will also be recapped.


Tips for Enhancing Reports Utilizing Technology

Time: Thursday 4:00pm - 4:50pm Credits: 1 TB

It has been said that "easy reading is darn hard writing."  Learn the key skill sets and the tools you'll need to transform your Expert Report.  Explore Microsoft Word and Excel features and productivity shortcuts that will make your reports come to life and effectively convey your opinions utilizing technology.  Learn about Quick Parts for boilerplate content you reuse often, Navigation Pane, Tables, Headings, Paste Special, adding footnotes, captions and references, using Window Splits, Styles and Themes, and more.


Hardball With Hitchner: A Panel Discussion Addessing Cutting-Edge Issues

Time: Thursday 4:50pm - 5:40pm Credits: 1 TB

Jim Hitchner moderates this panel discussion addressing cutting-edge issues.  No punches pulled.  No holds barred.  You may be surprised what you'll learn!


Friday, January 10, 2020

2020 U.S. and Florida Economic Forecast

Time: Friday 8:10am - 9:00am Credits: 1 TB

Past trends and 12-month projections for the U.S. macro-economy, the State of Florida economy, and the regional economies of Florida's four largest metro markets (Jacksonville, Orlando, Tampa, and West Palm Beach/Ft. Lauderdale/Miami.) 


Social Media for Professionals: Elevating Your Brand

Time: Friday 9:00am - 9:50am Credits: 1 TB

In today's world, social media is a key component of branding.  Learn the how and why for Instagram, Linkedin and Facebook.  You have a personal brand, whether you like it or not.  Explore how to leverage your brand on social media.  Receive best practices and examine recent issues on how social media is impacting the law and experts.


Breakout 9: Valuation and the TCJA Two Years Out

Time: Friday 10:00am - 10:50am Credits: 1 TB

It's been two years since the TCJA was enacted.  Explore what we've learned about:

  • Bonus Depreciation
  • Interest Expense Limitations
  • Cost of Capital
  • Market Approach
  • Capitalized Cash Flow vs. Discounted Cash Flow
  • Service vs. Non-Service Businesses
  • Qualified Business Income
  • Tax Rates


Breakout 10: Don't Get Punk'd: Fraud, Deceit and Dissimulation in Florida

Time: Friday 10:00am - 10:50am Credits: 1 TB

Discuss legal concepts of various fraud-related areas of the law, including cases in Florida law and experiences in handling fraud claims in the state.


Breakout 11: Update on DLOMS and S Corporation Valuations

Time: Friday 11:00am - 11:50am Credits: 1 TB

Discounts for lack of marketability have come a long way.  Learn the latest in:

  • Restricted Stock Studies and Databases
  • Pre-IPO Studies and Databases
  • Option Models
  • Income-Based Models

S Corporations under the TCJA are both complicated and less complicated.  Learn your options, including:

  • Corporate vs. Individual Tax Rates
  • Service vs. Non-Service S Corporations
  • Which of Four S-corp Models are Still Valid (if any)
  • Is there an S Corp premium?
  • Dissection of the Kress and Jones Cases  (tax affecting allowed)


Breakout 12: Retirement Issues and QDROs in Divorce-Malpractice Avoidance

Time: Friday 11:00am - 11:50am Credits: 1 TB

Learn best practices on retirement plan issues - one of the largest marital assets as well as issues related to QDROs.


Breakout 13: Determining Replacement Compensation versus Return on Equity in a Physician Practice

Time: Friday 1:10pm - 2:00pm Credits: 1 TB

The fundamental task in any valuation is to distinguish the return on the owner(s)' labor from the return on ownership.  The earnings capability of a private physician practice is highly localized and determined almost solely by work effort, ownership of any ancillaries and the payment rates available in the practice's service area from health insurers.  It has little or nothing to do with so-called surveys.  Learn how to assess actual local market replacement compensation when valuing a practice for marital dissolution or an actual transaction and where intangible value may reside.


Breakout 14: Family Case Studies

Time: Friday 1:10pm - 2:00pm Credits: 1 TB

Learn the latest in family case law through exploration of actual case studies.


Bitcoin: "Fake Money, Real Losses"

Time: Friday 2:10pm - 3:00pm Credits: 1 TB

Learn the top 10 things you need to know about bitcoin. 

  • Audit Guidance ASC 350
  • Audit Considerations
  • Suggested Audit Procedures
  • Private Key, What is it?
  • Private Key Management
  • Internal Controls Around Bearer Instruments
  • How Private Key Management is Effected by Internal Controls or Lack Thereof
  • IRS Pronouncement
  • How and Why Private Keys are Relevant to Both the Legal and Accounting Profession
  • Valuation Considerations


From the Bench - Interactive Judges Panel

Time: Friday 3:00pm - 3:50pm Credits: 1 TB

A conference favorite - join us as our panel of judges give you their views from the bench as well as answer your questions.



  • Learn about data analytics and its growing impact on the profession
  • Gain insight into social media forensics and marketing
  • Explore international financial crimes
  • Examine family law-from alimony to retirement issues
  • Learn leadership and team-building skills
  • Receive updates on industry staples: Cost of Capital, reasonable certainty, and loss profit
  • Interact with the ever popular judges' panel







  • Ronald L Seigneur, ASA, CPA/ABV, CVA

    Ronald L. (Ron) Seigneur is managing partner of Seigneur Gustafson LLP, based in Lakewood, Colorado, where he specializes in business & intellectual property appraisal, economic damages, financial forensics, lost profits analyses, professional services firm consulting and taxation.   Ron is co-author of Reasonable Compensation: Application and Analysis for Appraisal, Tax and Management Purposes...

    Read more about Ronald L Seigneur here
  • Kathryn K Horton, CPA, CMA, CIDA, CFE

    Kathryn Horton is President of Kathryn Horton CPA PA and is an industry leader in the use of data analytics, specifically using Caseware IDEA. Kathryn was the recipient of the 2017 North America IDEA User of Excellence Award. She was a featured speaker at the 2018 and 2020 National IDEA User Conference and has presented on data analytics to both regional and national audiences, including the 2021...

    Read more about Kathryn K Horton here
  • Sheri Fiske Schultz, CPA/ABV/CFF

    Director of the Valuation Services DepartmentFiske & CompanySheri Schultz brings over 20 years of experience to her clients, offering both professional expertise and practical insight toward business valuations and litigation support services. In addition to being a licensed CPA, Sheri is Certified in Financial Forensics (CFF), and holds the designation of Accredited in Business Valuation (ABV)...

    Read more about Sheri Fiske Schultz here
  • Dr Michael A Crain, DBA, CPA/ABV, CFA, CFE

    Dr. Michael A. Crain, CPA of Fort Lauderdale, Florida is a CPA licensed by the State of Florida. He holds several certifications in valuation: Accredited in Business Valuation (ABV) from the American Institute of CPAs and the designation of Chartered Financial Analyst (CFA) from the CFA Institute. He earned his Doctor of Business Administration (finance) degree from Manchester Business School in...

    Read more about Dr Michael A Crain here
  • Thomas Edward Hilton, MSF, CPA/ABV/CFF, ASA, CVA, CGMA

    Tom Hilton is a Partner in the Fraud, Forensic & Litigation Services Group at Anders LLP in St. Louis. He is an adjunct professor of forensic accounting at the Richard A. Chaifetz School of Business at St. Louis University, and has taught forensic accounting at both the St. Louis and Madrid, Spain campuses.Mr. Hilton has served as a member of the Board of Directors of the American Institute of...

    Read more about Thomas Edward Hilton here
  • Cynthia L Greene, Esq.

    Founder and Managing PartnerGreene Smith & Associates, P.A.Cynthia Greene received her Bachelor of Arts degree from the University of Miami, Coral Gables, Florida, and her Juris Doctorate degree from the University of Miami - School of Law. Since then, she has been admitted to the Florida Bar and the Supreme Court of the United States, become Board Certified in Marital and Family Law, and named in...

    Read more about Cynthia L Greene here
  • James R Hitchner, CPA, ABV, CFF, ASA

    Jim Hitchner is managing director of Financial Valuation Advisors and is president of The Financial Consulting Group He is also CEO of Valuation Products and Services (VPS)   Mr. Hitchner is editor/coauthor of the books the Hitchner Pratt Fishman Consensus View Q&A Guide to Financial Valuation and the VPS DLOM Guide and Toolkit...

    Read more about James R Hitchner here
  • Mark O Dietrich, CPA/ABV

    Mark O. Dietrich is a summa cum laude, Beta Gamma Sigma graduate of Boston University where he also earned an MBA with high honors; he holds a Master in Taxation degree from Bentley College as well.    A prolific writer, Mark is Editor and Contributing Author to the Business Valuation Resources/American Health Lawyers’ Association Guide to Healthcare Finance and Valuation 4th Edition (Winter 2016...

    Read more about Mark O Dietrich here
  • Monica Caswell, ABV,CFF,CPA

    PartnerForensic Accountants & Consultants Certified Public AccountantsMonica Ospina has over fourteen years of experience in providing forensic accounting, valuation, and litigation support services throughout the State of Florida and has been qualified as an Expert Witness.  In 2013, Ms. Ospina founded Forensic Accountants & Consultants, P.A., a boutique forensic accounting firm servicing Tampa...

    Read more about Monica Caswell here
  • R. Christopher Jones, Ph.D.

    Dr. Chris Jones serves as the President and Chief Economist of Florida Economic Advisors, LLC.  Dr. Jones is one of Central Florida’s most experienced regional economists.  In addition to his advanced degrees in business and economics, he has over 27 years of experience as an economic and financial consultant in Central Florida.  His private sector background includes tenure as an associate...

    Read more about R. Christopher Jones here
  • William B Stewart Jr., CPA/ABV/CFF, CVA, CFE

    WILLIAM B. STEWART, JR., CPA/ABV, CFE, CVA is a certified public accountant, certified fraud examiner and certified valuation analyst.

    Read more about William B Stewart Jr. here
  • Daniel Newman, Esq.

    PartnerNelson Mullins Broad & CasselDaniel Newman is an experienced litigator of complex commercial, securities, and construction matters in state and federal courts and before various arbitration forums.Mr. Newman represents both plaintiffs and defendants in a variety of business and securities-related litigations, including commercial torts, contracts, shareholder derivative actions, class...

    Read more about Daniel Newman here
  • Joshua Barron Angell

    Senior Managing DirectorEllrich, Neal, Smith, & Stohlman, PAJoshua B. Angell, CFA, ASA, is the senior managing director of the Valuation Advisory Services and Litigation Practice Group of Ellrich, Neal, Smith & Stohlman, PA., a valuation, consultancy, tax, and accounting services firm located in Palm Beach Gardens, FL. During his employment, Mr. Angell has overseen hundreds of valuations or...

    Read more about Joshua Barron Angell here
  • William F Mueller, CPA, Esq, MBA

    William “Bill” Mueller, Esq., is the Senior Vice President of Corporate Finance and Restructuring at Michael Moecker & Associates, the leading firm in Florida for distressed business consultation, management and liquidation of assets. Bill started his professional career in the United States Navy as a submariner, serving on two Fleet Ballistic Missile Submarines. He then taught Naval...

    Read more about William F Mueller here
  • Keathan Frink

    Read more about Keathan Frink here
  • Joshua Siegfried Schmidt

    Read more about Joshua Siegfried Schmidt here
  • Tarlika Nunez-Navarro

    Read more about Tarlika Nunez-Navarro here
  • Fabienne Fahnestock

    Read more about Fabienne Fahnestock here
  • Bryan Barnhart

    Computer Security ConsultantInfiltration LabsBryan Barnhart is the owner/operator of Infiltration Labs. Bryan has 18 years of information security and physical security experience in the public and private sectors. His experience includes conducting digital forensics and hacking investigations from small business to Fortune 500 companies, insider threat investigations, Incident Response Plan...

    Read more about Bryan Barnhart here
  • Tim Voit

    Read more about Tim Voit here
  • Gregory S Grossman, Esq

    Founding ShareholderSequor Law Gregory Grossman is a founding shareholder at Sequor Law.  His practice focuses on bankruptcy, insolvency litigation, creditors’ rights, international asset recovery and litigation involving the Uniform Commercial Code.  Grossman has particular experience in cross-border insolvency cases having filed the first Chapter 15 Bankruptcy in the State of Florida when he...

    Read more about Gregory S Grossman here
  • Michael Vitti

    Managing Director, Disputes ConsultingDuff & Phelps LLCMichael Vitti is a managing director in Duff & Phelps’ Disputes Consulting practice.  He is focused on issues related to valuation and credit analyses across a variety of contested matters and industries.  Michael has over 20 years of experience preparing financial analyses in a variety of contexts.  Prior to focusing on contested matters, he...

    Read more about Michael Vitti here
  • Natalie Lemos

    Board Certified Specialist, Marital and Family LawLeinoff & Lemos, PANatalie Lemos practices exclusively in the area of Marital and Family Law with her partners, Andrew Leinoff and Paul Leinoff at Leinoff & Lemos, P.A. in South Miami. Ms. Lemos became board certified in Marital and Family Law in 2002. Her certification has been renewed in 2007, 2012 and 2017. She is a member of the American...

    Read more about Natalie Lemos here
  • Michael L Elkins

    Michael Elkins is 20 year, nationally quoted labor and employment and sports law attorney.Michael has been featured by national media outlets such as CNN, Forbes, Newsweeek, The New York Daily News, Bloomberg, Yahoo, Yahoo Life, Yahoo Finance, The Miami Herald and more, discussing issues ranging from Major League Baseball’s collective bargaining negotiations to employer COVID-19 vaccination...

    Read more about Michael L Elkins here
  • Wendi Weiner, Esq.

    Wendi Weiner is an attorney and award-winning writer who has been featured in more than 50 major media outlets (including CNN, Huffington Post, Thrive Global, Forbes, Entrepreneur, Fortune, Business Insider, and Fast Company) as a top authority in personal branding, social storytelling, career strategy, and the job search process. For nearly a decade, Wendi has built a strong business platform...

    Read more about Wendi Weiner here
  • Sandra Perlman

    Read more about Sandra Perlman here

Major Topics:

  • Data analytics
  • Social media forensics & marketing
  • Enhanced reports utilizing technology
  • Fraud updates
  • Leadership & team building
  • Cost of capital
  • Family law - alimony, case studies, retirement in divorce
  • QBI - tax law update
  • International financial crimes
  • Interactive judges' panel

Designed For:

CPAs with an interest in business valuation, litigation services and forensic accounting.


Some familiarity with valuation, litigation services and forensic accounting.

Event Promotions

First Time Attendees

First Time Attendees use NEWLC19 promo code and save $100. Valid for first-time conference attendees, applies to in-person or simulcast registration and does not apply to non-member fees. Discount cannot be combined with other offers or applied to prior purchases/registrations.


Young CPAs use YCPALC19 promo code and save $150. Offer valid for Young CPAs (age 36 and under) attending the conference, applies to in-person or simulcast registration and does not apply to non-member fees. Discount cannot be combined with other offers or applied to prior purchases/registrations.