September 21, 2018

Martin Greene to Speak at Business Valuation Conference

Greene Valuation founder speaking at the Foundation for Accounting Education event | GreeneValue.com

Greene Valuation’s founder and principal, Martin Greene, is slated to present a talk at the upcoming 20th Annual Business Valuation Conference, produced by the Foundation for Accounting Education.

The event will be held May 21, 2018, at the FAE Learning Center, 14 Wall Street, 19th Floor, in New York.

Greene’s presentation, “Non-controlling Interests in Real Estate Holding Companies—What Tax Court Has Been Telling Us,” will focus on the chronology of valuation methods used by U.S. Tax Court over the last 40 years for non-controlling, nonmarketable interests in operating real estate holding companies.

He will discuss the misconceptions that many users—even valuators—may have when determining the fair market value of interests in these entities, some of which include applying net asset value methods. He’ll examine the limitations of and differences between the real estate appraiser’s value of the underlying property and the FMV of non-controlling interests in entities holding these properties.

Additionally, his program will explore applying REITs and other market data from publicly traded real estate entities. Finally, there will be a discussion of issues commonly seen in the northeast and their impact on our valuation conclusions.

Greene will present at 4:10 p.m.

The conference’s keynote speaker is James R. Hitchner, CPA/ABV/CFF, ASA, managing director, Financial Valuation Advisors; president, Financial Consulting Group; and CEO of Valuation Products and Services. He will present highlights from his seven-part webinar series, “Best Practices: Business Valuation Methods,” covering topics such as discounted cash flow method, capitalized cash flow method, S corps and more.

The conference kicks off at 8:30 a.m. with a light breakfast, followed by opening remarks from Jeffrey F. Gibralter, partner at Klein Liebman & Gresen.

Other speakers include:

  • Karen Miles, CPA/ABV, ASA, MBA, managing director and head of Southern California financial advisory services at Houlihan Lokey
  • Toby Tatum, CVA, CBA, MAFF, MBA, Owner, Alliance Business Appraisal
  • Jean J. Han, CPA/ABV/CFF, CDFA, JD, Partner, Baker Tilly Virchow Krause
  • Stacy A. Statkus, CVA, CDFA, CFE, JD, MBA, Senior Vice President, MPI
  • Nancy Edwards Cronin, PE, President and Managing Partner, ipCapital Group Inc.
  • Alozie N. Etufugh, Esq., Managing Partner, Etufugh Law, PLLC
  • David Gralnick, CPA/ABV, Partner, Klein Liebman & Gresen, LLC
  • Joshua S. Sechter, CPA/ABV, CFE, Senior Associate, Klein Liebman & Gresen, LLC

Conference co-chairs include:

  • Mitchell H. Chosak, CPA/ABV/CFF, CFE, CGFM, CPP, Senior Forfeiture Financial Specialist, Forfeiture Support Associates, LLC (FSA LLC)
    • Jean J. Han, CPA/ABV/CFF, CDFA, JD, Partner, Baker Tilly Virchow Krause, LLP

Established in 1972, the Foundation for Accounting Education is an organization that administers an important strategic initiative of the New York State Societies of Certified Public Accountants. The Foundation for Accounting Education provides continuing education —accounting, auditing, taxation and more — to certified public accountants in New York State.

The business valuation conference will earn attendees eight advisory services (NYSED) / specialized knowledge (NASBA) credits.  Foundation for Accounting Education members pay $335 for the conference; non-members pay $420.