W-FVC22 BV - Working Capital Adjustments and Treatment of Cash

Session Description

Valuation specialists may often overlook the degree to which net working capital and cash can influence the results of a fair value analysis.  Often times, excess or deficient levels of working capital or cash may be present as of the date of valuation, which can have a material impact on the valuation conclusions if not identified and adjusted properly. The session will address common challenges related to working capital and cash in fair value measurements. The discussion will walk through examples and identify areas in which adjustments to net working capital and cash are appropriate.

Speaker

Charles Sapnas, CFA, ASA, Managing Director | Valuation Research Corporation

Continuing Education

Review of this session recording will award 1 CE hour. 

CPE credit is not awarded for this pre-recorded offering.