Business Valuation & Appraisal

Certified Valuation Analyst

The Certified Valuation Analyst is the premier accreditation for CPAs who, for many reasons, are uniquely qualified to provide business valuation and litigation consulting services.  As a general rule, CPA’s, through their extensive training combined with experience in tax, auditing, accounting for small businesses, and financial analysis, have an excellent background for dealing with the complexities involved in providing valuation services.  Few professionals provide the breadth of experience and development the public accounting profession produces, and thus, a CVA is the preferred choice in selecting the right valuation professional to serve your needs.

To become accredited by the National Association of Certified Valuation Analysts (NACVA), the candidate is required to successfully complete an intensive training and testing process.  An initial requirement to becoming a certified Valuation Analyst is that the applicant be a licensed CPA registered in his or her state.  Implicit in this requirement is that the CVA maintain at least a minimum number of hours of continuing professional education (CPE) each year and conduct him or herself within the ethical mandates established by the profession.  NACVA also requires CVAs to obtain a minimum number of CPE hours each renewal period in areas related to business valuation or litigation consulting and periodically participate in programs sponsored by the association promoting quality and adherence to industry standards.

Economic Loss Analysis

Personal Injury, Unlawful Terminations, Wrongful Death, Lost Earnings, Lost Profits

We are available to perform economic loss analyses for all types of personal injury claims; vehicle accidents, work-related accidents, and “slip and fall” incidents.   Most often, these types of accidents involve loss of earnings and/or loss of future earnings calculations.  We can also prepare analyses for wrongful death or unlawful termination cases or prepare loss of support calculations for decedents’ heirs in matters involving wrongful death allegations.

Securities: Churning, Fraud

We can also assist in calculating losses arising from security claims involving allegations of excessive trading (“churning”), misrepresentations, and omissions, unauthorized investments, misappropriations, etc.

Our services can include forensic accounting techniques to uncover the alleged fraud or misconduct, preparation of the economic loss analysis, review of case documents, review of opposing parties’ expert reports, preparation of trial notebook and exhibits, deposition and trial testimony.

Marital Dissolution Divorce takes a huge emotional toll on the family as well as the finances and lifestyle.  Dividing the marital assets and liabilities can be a complex process requiring specialized skills.   Not all assets are equal, even when the current values are equal.  This is especially true of retirement and pension plans, but also of the marital home, stock portfolios, and other property.  Often there are embedded future tax consequences that should be considered when making these choices.  Many of the decisions you make during your divorce are irrevocable.  Therefore, you want it done right, so that you can move on with your life feeling financially stable and self-reliant.

As a Certified Valuation Analyst, I am also qualified to value a business the martial property may own or have an interest in. If there are separate property issues (property was owned prior to marriage, separate property was used to acquire community property, debt was acquired prior to marriage, etc. — There can be a whole host of possible separate property issues), we can help identify and properly classify the separate property interests and community property interests prior to the division of assets (real and personal property) and liabilities (debt).

We will help you evaluate your financial estate, support rights, and settlement offers, as well as analyzing the supporting documentation.  Our Divorce Choice$ Analysis looks beyond the numbers to ensure you understand the consequences of choosing one asset over another.  We are skilled at explaining complex financial information to clients and their counsel by breaking the information down to the essentials, net cash flow (cash in less cash out) and net worth (the total of your assets less your debt).  We can provide you with a financial report beginning with your net worth at the date of divorce and projecting your cash flows  (including support) for a period into the future (perhaps to retirement) showing the effects on your net worth each year.  We will also provide you with a graphic presentation to assist you in obtaining a clear picture of your financial situation.

We have the ability to effectively analyze the issues, investigate the accounting records, complete the valuation work and financial planning, and meet our client’s expectations.  By having a financial plan, we hope to alleviate many of your fears of the financial unknowns and to pave the way for rebuilding your future and finances.

Asset Income Tracing

Asset – Income Tracing is the documentation of the movement of assets and income from one location to another.  We attempt to trace the property through all the various mutations from the beginning until the date in question.  The tracing process is determined with respect to the legal aspects at hand.  For divorce, it will be either separate property, community property, or some combination of both.

Forensic Accounting

Forensic Accounting is the practice of preparing an accounting in support of litigation. A Forensic Accountant provides an accounting analysis suitable to the court that will form the basis for discussion, debate, and ultimately judicial decision. A Forensic Accountant utilizes specialized accounting skills to conduct an investigation into the actual earnings and income stream of individuals and businesses. The Forensic Accountant has the ability to communicate the resulting financial information clearly and concisely in a courtroom setting.

 Forensic accounting involves analyzing physical and computerized accounting records to document sources of income, expenditures, movements of assets, and malfeasance.  Often times the reconstruction of income and expenses is needed to demonstrate hidden or illicit income and expenses.

Quickbooks/Quicken Specialist

Hands-on user of QuickBooks & Quicken for over 15 years.  In today’s world, it isn’t enough to have an understanding of the software.  There is no replacement for hands-on experience!

Collaborative Divorce(TM)

Collaborative Divorce(TM) is a process using collaborative law principals and a team of experts to arrive at a divorce settlement. Each party retains a Collaborative Divorce attorney assuring that both have legal advocates available during the process. Other team members may include a neutral financial specialist, divorce coaches (mental health professionals that assist the party with communicating his or her needs and to focus on the marital settlement), and a child specialist if needed.  Both parties commit themselves to a cooperative approach (which allows the parties to decide the issues and avoid going to court), rather than the traditional “adversarial approach” (where you battle it out in court and the judge decides the issues).

The overall cost of Collaborative Divorce is expected to be far less than the litigated approach both financially and emotionally because the settlement process is more focused and efficient. The parents are in control of the process rather than the courts. The family receives specific and focused divorce assistance from the team of experts that allows for more productive work to reach a settlement.

As a Certified Valuation Analyst, a Certified Public Accountant, and training as a Certified Divorce Specialist, Mediator, and trained in the Collaborative Divorce(TM) process, I am uniquely qualified to assist you in most areas of the financial process. In the initial stages of the divorce process, you may want assistance in identifying and valuing the community and separate properties and/or income available for support.  While separate property is not divided in the divorce settlement, it may be taken into consideration in support matters.  In addition, temporary support agreements may be initiated before the final settlement.

In providing a listing of community and separate properties (all assets including real estate, personal property, cash, bank accounts, stock options, stock portfolios, etc), we will help you understand the potential tax consequences of each asset in addition to its current market value.  We will help you become more knowledgeable about your financial assets so you can make sound divorce choices.  You may also want assistance creating a workable financial budget, valuing a business interest, understanding your cash flows and net worth, etc.  We will work with you to achieve an equitable settlement.

Other Services

Litigation Support for Civil & Criminal Cases

We provide assistance in fact finding and discovery as well as the calculation of damages and losses.  Sometimes only an analysis of the opposing expert witness’ report and credentials are required.  Other times, we might assist with the pleadings and evidence analysis including the preparation of presentations for negotiations and trial.

Our firm provides litigation support services for many of the top legal firms in San Diego and Orange County.  Our success in this area has been driven by our ability to take complex financial and accounting issues and present them in a more straightforward, layman type format. 

Divorce Finances

Marital Dissolutions involve identifying, quantifying, and analyzing the various assets, debts, income and expenses for couples.    Potential tax consequences should also be considered to avoid unnecessary surprises.