Forensic and Valuation Services Conference (E2409160)

Stay current on developments impacting your services. Gain the know how to produce accurate, thorough and meaningful results for clients.

This conference is presented by the Virginia Society of CPAs (VSCPA) in cooperation with the NJCPA.

Thursday, September 19, 1-5 p.m.

1:05-2:20 p.m.
Transforming the FVLS Pipeline
This session will focus on transforming the pipeline of new entrants into the forensic analysis and valuation services professions. Specifically, the panel will explore the responsibility of forensic and valuation professionals to build and support an inclusive and equitable pipeline of new and existing talent, and share experiences regarding the significant value that a diverse team exerts on engagements and engagement opportunities. In addition, the panel will discuss various resources available to support pipeline development.

2:35-3:50 p.m.
All in the Family—Related Party Companies in Divorce
This session will cover all things related party in divorce valuation, including entity structure issues, multilayering with discounts, and tracing marital versus separate asset ownership with complex multi-entity ownerships. We will also discuss related parties in the business and said impact on ownership, valuation, and division—including the consideration of classes of stock in division, such as GP versus LP or voting versus nonvoting.

4-4:50 p.m.
Navigating Industry Valuation Issues: Value Drivers, Rules of Thumb & Special Considerations
Certain industries require nuanced approaches and importance considerations that impact value. From blue sky in an auto dealership, to multiple of book value in a bank, to revenue multiple in a dental practice or calculation of workforce in place for a physician practice, there are special considerations that appraisers should evaluate when preparing a valuation.

4:50-5 p.m.
Closing Remarks

Friday, September 20, 8:30 a.m.-12:45 p.m.

8:30-9:25 a.m.
The Digital Underworld: AI-Generated Fraud Schemes
As organizations embrace digital transformation, the threat landscape expands to include sophisticated AI-driven fraud schemes. Among these, synthetic identities, audio and video deepfakes standout — where perpetrators create fictitious identities by blending real and fabricated information, create deepfake audio and video which can be used for fake identities, account take over (ATO) fraud, transaction authorizations, etc. We will look at the fraud landscape pre- and post-GenAI.

9:40-10:30 a.m.
Five Practical Use Cases of Generative AI & Machine Learning in Fraud Prevention & Detection
Everyone talks about AI and how it can change how we work, but few can demonstrate its effectiveness or practical application. Technology is useless if it does not help to solve a problem, reduce risk or increase efficiency. In this session, Vincent Walden, CEO of KonaAI, a leading AI-driven anti-fraud prevention and detection software company, will present five practical use cases of how leading companies utilize generative AI and machine learning across their vendor, customer and employee transactional data to increase business transparency and enhance their fraud risk management program in line with regulatory expectations and their own company policies.

10:45-11:35
Economic Damages & Causation
Details coming soon

11:50 a.m.-12:45 p.m.
Singing for Your Supper: A New Expert’s Roadmap to Effective Testimony
This session is designed exclusively for novice expert witnesses poised to navigate the complexities of the legal arena. Get equipped with the essential skills, knowledge and poise required to deliver compelling, clear and credible testimony at trial.