Accredited in Business Valuation

CLEVELAND – Skoda Minotti is pleased to announce the acquisition of Core Information Management, Inc. As a part of the acquisition, Joseph Compton, CISSP, CISA joins the firm as principal in charge of Skoda Minotti Financial Institution Services Group.

“Joe has spent the last 15 years helping clients in the financial institution industry solve compliance and security management challenges and has developed a very specific skill set that can benefit our current financial institution clients...

It is common for companies to bring in a third-party valuation expert to value the intangible assets acquired in a business combination for financial reporting purposes. It is important to note that even when a third-party valuation analyst is involved, a considerable amount of time will need to be devoted by management in order to complete the valuation analysis.

The valuation of intangible assets is not a “hands-off” process for a company’s management. Actually, purchase price...

As if it isn’t hard enough to remember someone’s name when you first meet them, business valuation experts typically have a mass of letters after their name, too.  While most people are familiar with the CPA (Certified Public Accountant) designation, there a number of other credentials that indicate proficiency and experience specifically in performing business valuations.  The summary below is a “decoder ring” to some of the more common valuation credentials.  I promise the secret message will...

A business valuation is a just a business valuation – isn’t it? This would be akin to saying that a steak is just a steak when, in fact, there are ribeyes, strips, sirloins, and filets (just to name a few). Likewise, business valuations come in two distinct “flavors” – conclusions of value and calculations of value.

As of January 1, 2008, valuation analysts who hold either the Certified Valuation Analyst (CVA) credential supported by the National Association of Certified Valuation Analysts or...