National Discussion on COVID-19 Coronavirus Effects
Since early March, Greg Reagan, Managing Partner of Reagan FVL, has been collaborating with leaders in the business valuation and forensic accounting profession located in various parts of the U.S.. The Firm has also monitored developments in the following areas to adjust to the rapidly changing economic climate:
- Methodologies to use in the current environment
- How COVID-19 is affecting the determination of capitalization and discount rates
- How to best determine current and long-term growth rates
- How and whether to use historical information as a predictor of future expected cash flows.
The above considerations, in addition to the economic hardship created by COVID-19, will significantly impact business valuations and give rise to new legal challenges during and after the Coronavirus pandemic. Greg recently co-hosted Staying in Business, a series of webinars to address these impacts with the National Association of Certified Valuators and Analysts (NACVA) and the Consultants Training Institute (CTI). Individual contributors include Mark Kucik of The Kucik Valuation Group in the Chicago, IL market, Hubert Klein of EisnerAmper in the New York, NY market, Michael Kaplan of Kaplan Forensics in the Los Angeles, CA market, Lari Mastin of Masten Valuation in the Denver, CO market, and Zachary Meyers in the Charleston, WV market, each of whom are highly regarded leaders and expert witnesses in the business valuation and forensic accounting fields of practice.
The first webinar was held April 15, 2020 to a capacity audience and continued throughout the month to address more specific topics. The series was also covered in the March/April edition of the Value Examiner, a leading authority on the valuation and forensic accounting industry in the United States.
Click below to listen to the expert panel discussions from Staying in Business
Changes to business valuations and potential civil litigation that may arise from COVID-19.
How do we estimate these in the midst of COVID-19?
Ex Ante, ex-post, and defending conclusions of value in court then and now with COVID-19
How should COVID-19 considerations affect various valuation purposes, industry sectors and assumptions?
Reagan FVL was formed in 2015 as a forensic accounting, business valuation, and litigation support firm serving business communities in the Southeast United States. The firm’s managing member, Greg Reagan, is a seasoned testifying expert witness having rendered numerous opinions concerning business value, minority shareholder oppression, intangible asset values, commercial damages, and other areas.