Attacking the Business Valuation Expert: Will Your Expert's Opinion Withstand Scrutiny? *** 50% OFF - LAST CHANCED

Legal Area:        Litigation Business Civil Appellate
Total Credit Hours:        1.00
Ethics Credit Included:        0.00
Registration Fee:        $20.00
Course Materials:        textaudio
Session END DATE:        08/31/2019
Information:        LAST CHANCE
ONLY $10


** available at any time of day and in time increments convenient to you through date referenced above **, together with the Houston Bar Association (HBA), are pleased to present a special online CLE course on a useful topic that applies to several different areas of litigation. To the untrained eye, all business valuations look the same. However, to the trained eye, there are often numerous errors in a business valuation report. This presentation will teach the attorney how to identify problems in both their and the opposing expert's business valuation reports. It is easy to discredit a business valuation report if you can recognize its faults. This course features a streaming audio (as well as a downloadable MP3 audio) presentation from a live CLE seminar on this topic that was originally conducted by the Houston Bar Association (HBA) on August 1, 2013. You can access on demand at any time during the course of the seminar session. This course is approved for 1.0 MCLE credit hour.

Subjects to be discussed during this course include:

  1. Generally Accepted Appraisal Practices

  2. Business Valuation Standards

  3. Premise of Value

  4. Pass Through Entities

  5. Mismatching Discount Rate with the Economic Measure

  6. The Three Valuation Approaches

    1. Asset Approach

    2. The Market Approach

    3. The Income Approach

  7. Projecting Changes in Working Capital

  8. The Weighted Average Cost of Capital

  9. Weighting of Earnings

  10. Cash Flow

  11. Goodwill

The presenter for this course is Mr. J. Richard Claywell, a CPA with the firm of J. Richard Claywell, CPA in Houston. Mr. Claywell is a CPA, and Certified Valuation Analyst, Certifed in Mergers & Acquisitions, Accredited in Business Valuations, Certified Forensic Finacial Analyst. He is a member of the American Institute of Certified Public Accountants, Texas Society of Certified Public Accountants, Houston Chapter of Certified Public Accountants, Institute of Business Appraisers, National Association of Certified Valuation Analysts, Certified Valuation Analysts Texas Chapter, National Association of Certified Valuation Analysts, and the American Society of Appraisers He received his undergraduate degree from the University of Houston (B.S., 1979). A more extensive biography for Mr. Claywell may be found at his firm's website.

Texas Board of Legal Specialization Areas
Credit Hours Area

1.00 Civil Appellate Law
1.00 Civil Trial Law


This course is approved for credit by the MCLE Committees of the STATE BAR OF TEXAS and the STATE BAR OF CALIFORNIA (MCLE Provider #8648).
These are not self-study credits, but rather 'participatory' credits as you would receive for attending a traditional, live CLE seminar.

In addition, regular CLE credits for this seminar may also be available in a number of other states through CLE Reciprocity, such as FLORIDA, or as an "Approved Jurisdiction", such as TENNESSEE. Please check with the Tennessee State Bar for accreditation information.

If you are new to and you would like to register for this course, please click this link to see some brief instructions on how to 'SIGNUP' as a new user and register for this (or any other) seminar. If you were given a Discount Code for this course, be sure to enter it on the Shopping Cart page once you have added this course to your shopping cart and click the 'Update' button.

PLEASE REMEMBER-- All of our online CLE courses are covered by our 'Full Satisfaction' guarantee. If for any reason you are dissatisfied with this or any other seminar, we will gladly issue you a prompt refund. Thus, you have nothing to lose in trying one of our convenient online CLE seminars. If you have never participated in an online course before, we think you'll be pleasantly surprised!


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