Valuations for Closely-Held Corporations

Valuations for closely-held corporations arise for a number of reasons, whether for a merger or acquisition, Employee Stock Ownership Plan (ESOPs), buy/sell agreements, succession planning, and more. 

With a growing need for valuations of closely-held corporations, it's important to understand the requirements and qualifications of the appraiser as it is crucial that a substantiated credible value is set forth. To establish credible value of a closely-held corporation, the appraiser must understand the different factors affecting value while maintaining up-to-date knowledge on the IRS Code Sections and Revenue Rulings that govern aspects within the valuation. Moreover, it's important to understand the discounts and premiums computed into the valuation calculation. In essence, this course will provide a deep dive into all aspects relevant to obtaining the true value of a closely-held corporation. The lecture will be presented by Roman A. Basi, who has been immersed in closely-held corporate valuations for the past twenty plus years and is an attorney, certified public accountant (CPA), registered real estate broker, and President of The Center for Financial, Legal and Tax Planning, Inc.

Learning Objectives:

1. Discuss the importance and relevance of valuations for closely-held corporations
2. Identify and discuss the qualifications of an appraiser and the importance of such qualifications
3. Examine controlling IRS Code Sections and Revenue Rulings to discuss their impact on the valuation process
4. Explain the methodology, variables affecting value, and the weighting of valuation methods to obtain a closely-held corporation's true value