Date:	Tuesday, September 28, 2010
Time:	8:30am - 4:00pm (Registration at 8:00am )
City:	West Columbia
Facility:	South Carolina Association of CPAs, West Columbia
CPE Credit:	8.00 Taxation
Instructor:	Scott D. Miller, CPA, ABV, CVA
Vendor:	AICPA
Subject:	Taxation
Course Level:	Intermediate
Fee:	$235 SCACPA Members, $310 Non-Members
AICPA Discount:	($30)
Firm Discount:	($15)
Reciprocal Discount:	($75)
Choice card coupons:	2

Highlights:

Familiarization with the team of advisors involved in the sale of a business and their respective roles. The key role of "due diligence" as a thorough review of the company with accompanying checklist for reference. Key legal and transaction documents. Key valuation concepts and the impact of cash flows on fair market determination. Evaluation of asset based transactions and purchase price allocations. Tax preferences and pitfalls of stock transactions and the consideration of the carryover of tax attributes. Recognition of key sellers and buyer groups and their motivations. Structuring of compensation and payout alternatives.

Description:

Become the key advisor to your client or employer that is buying or selling a business. Your advice will impact your client for years to come! Lead the team of advisors with a keen overview of the transaction in addition to specific tax and accounting technical advice. Buying and selling a business involves more than calculating a transaction gain or loss; it must be valued, due diligence must be conducted, and various stakeholders will be impacted.

Objectives:

Upon completion of this course, participants will be able to: Understand deal factors and become acquainted with the team of advisors involved with the transaction. Familiarize oneself with due diligence procedures and transaction documentation. Understand the basics of alternative valuation methodologies. Analyze the gain/loss of asset-based or stock-based transactions Identify key buyer groups and the impact of a sale on them. Structure compensation alternatives for buyers and sellers.

Who Should Attend:

Advisors of closely held businesses, business owners and senior level managers, chief financial officers, bankers, auditors, and others responsible for creating proper structure and advising in the purchase, sale or merger of a business

Prerequisite:

Experience in business taxation

Note:

Accepted for CFP, CMA, CFM and EA continuing education credit