According to the Association ofCertified Fraud Examiners, companies

lose 5 percent of revenue each year tofraud. That amounts to nearly $3.7 trillion

globally! Of companies polled, 58% failed torecover any employee fraud losses in 2012 and

2013.*

Attend the FICPA’s 2015 Valuation, ForensicAccounting and Litigation Conference to earn up to 16 hours of CPE credit covering the essential andemerging topics in this niche. Sessions include theEmerging Issues in Fraud; Cost of Capital; The Art andScience of Negotiation and Settlement; and much more.

*Source: “Report to the Nations on Occupational Fraud and Abuse: 2014 Global FraudStudy” by the Association of Certified Fraud Examiners.

CPE CreditThis conference qualifies for 16 hours of CPE credit and is subject to change.CPE credit is subject to approval by the Florida Department of Business andProfessional Regulation. Type of credit is dependent upon breakout selection.Please indicate choice of breakouts on the registration form.

The Valuation, Forensic Accounting & Litigation Services Conferencequalifies for CLE credit as awarded by the Florida Bar.

Companies lose 5% of revenue to fraud each year.

Can you be the solution?

#ficpaLC

Friday Jan. 9, 20157:30-8 a.m. Continental Breakfast

8-8:50 a.m. To Catch a Thief

8:55-9:45 a.m. Economic Update

10-10:50 a.m. Concurrent Breakouts Breakout 11 Writing Forensic Reports Breakout 12 Cost of Capital

10:55-11:45 a.m. Concurrent Breakouts Breakout 13 The Art and Science of Negotiation and Settlement Breakout 14 Cost of Capital Continued

1-1:50 p.m. Concurrent Breakouts Breakout 15 Divorce Case Law Update Breakout 16 Vaulations in Adversarial Situations

1:55-2:45 p.m. Personal Goodwill – What a Practitioner Needs to Support It

3-3:50 p.m. Personal Goodwill – What a Practitioner Needs to Support It Continued

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Thursday Jan. 8, 20157:30-8 a.m. Registration and Continental Breakfast

8-8:10 a.m. Introduction and Opening Remarks

8:10-9:55 a.m. Keynote Address

10:10-11 a.m. Concurrent Breakouts Breakout 1 Tax Issues in the Death of a Marriage Breakout 2 Estate and Gift Valuations – How to Have the IRS Accept Them

11:05-11:55 a.m. Concurrent Breakouts Breakout 3 The Art of the Search: Will your BV Research Stand up in Court?

Breakout 4 Intangible Assets

12:50-1:40 p.m. Concurrent Breakouts Breakout 5 Emerging Issues of Fraud Breakout 6 Unlocking the Mysteries of Key-Person Impact

1:45-2:35 p.m. Concurrent Breakouts Breakout 7 Calculating and Measuring Damages in Various Types of Cases Breakout 8 Implied Private Company Pricing Model

2:50-3:40 p.m. Concurrent Breakouts Breakout 9 Effective Interviewing Breakout 10 Normalizing Adjustments and Compensation

3:45-4:35 p.m. Panel: Creating the Next Generation of Experts

4:35-5:25 p.m. View from the Judge's Chamber

Conference at-a-glance

4 VFALS Conference

7:30-8 a.m. Registration and Continental Breakfast

8-8:10 a.m. Introduction and Opening Remarks

8:10-9:55 a.m. Keynote Address

10:10-11 a.m. Concurrent Breakouts – Choose One

Breakout 1 Tax Issues in the Death of a Marriage (1 TB)Jonathan S Gorman, CPA, ABV, CFF, CFE, CDFA, CGMAFlorida Accounting & Litigation Services | MaitlandandCinnamin O’Shell Turk, CPA, ABV, CVA, CFEPartner | Manis O’Shell, LLC | West Palm BeachLearn the key tax issues involved in matrimonial litigation cases with a specificemphasis on case law in the State of Florida involving tax issues.

Breakout 2 Estate and Gift Valuations – How to Have the IRS Accept Them (1 TB)Linda Trugman CPA, ABV, MCBA, ASAVice President | Trugman Valuation Associates, Inc. | PlantationLinda will discuss what causes estate and gift tax returns with valuationreports to be audited by the IRS and what the valuation analyst shouldinclude in his/her report to avoid this situation.

11:05-11:55 a.m. Concurrent Breakouts – Choose One

Breakout 3 The Art of the Search: Will your BV Research Stand Up in Court? (1 TB)Jan DavisPresident | Blue Sage Research | Portland, ORIt may be easy and cheap to find comps from Yahoo! Finance, off-the-shelfindustry reports, and compensation data from a free government source. Butis this data defensible? Several BV cases involving Daubert challenges havespecifically targeted insufficient or incorrect sources or research. In thissession, Jan will provide a research strategy to ensure that your research willstand up in court. She also will provide an extensive bibliography ofinformation sources relevant for BV research.

Breakout 4 Intangible Assets (1 TB)Robert Morrison, ASAManaging Partner | Morrison Valuation & Forensic Services | OrlandoRobert will discuss and demonstrate different approaches to consider forvaluing various types of intangible assets.

Thursday Jan. 8

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11:55 a.m.-12:50 p.m. Lunch

12:50-1:40 p.m. Concurrent Breakouts – Choose One

Breakout 5 Emerging Issues of Fraud (1 AA)Michael S. Kridel, CPA, CFF, CITP, CFCPrincipal | Rehmann Consulting | Boca RatonMichael will address current developments in fraud from an accountant'sperspective of commission, investigation and prevention. A special emphasiswill be placed on electronic transactions such as cyber currencies as well asthe impact on risk management in accounting engagements.

Breakout 6 Unlocking the Mysteries of Key-Person Impact (1 TB)Kevin R. Yeanoplos, CPA, ABV, CFF, ASADirector of Valuation Services | Brueggeman and Johnson Yeanoplos, P.C.Tuscon, AZThe importance of a key person cannot be overstated – or can it?Determining the impact on a private company's value due to a specificindividual has long vexed business valuators. Should the risk be handled inthe cost of capital or a key-person discount? How much of an adjustment isappropriate? In this session, we will explore these issues and others as we diginto the importance of key persons.

1:45-2:35 p.m. Concurrent Breakouts – Choose One

Breakout 7 Calculating and Measuring Damages in Various Types of Cases (1 TB)Richard A. Pollack, CGMA, CPA, CBA, CFE, ASA, ABV, PFS, CFF,CAMS, CIR, CVADirector, Forensic/Business Valuation | Berkowitz Pollack Brant Advisors andAccountants, LLP | MiamiThis session will focus on calculation of damages in various types of cases.Actual case studies will be presented from both the Plaintiff and Defendant’spoint of view that will take into consideration causation, mitigation anddamages as alleged in the complaint.

Breakout 8 Implied Private Company Pricing Model (1 TB)Peter Butler, CFA, ASAPrincipal | Valtrend. LLC | Eagle, IDandBob Dohmeyer, ASADohmeyer Valuation Corp | Frisco, TXThe speakers will discuss why appraisers should consider using the IPCPL bycarefully commenting on the major problems with the build-upmethod/modified CAPM. They will then describe the IPCPL, how it wascreated and the fact that it solves all of the major problems with the build-upmethod. Finally, you will be introduced to the Implied Private CompanyPricing Model (IPCPM): a cost of capital calibrator running behind the scenesand powered by the IPCPL.

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Thursday (continued)

2:50-3:40 p.m. Concurrent Breakouts – Choose One

Breakout 9 Effective Interviewing (1 TB)Jay Leiner, BA, BS, MAOM, CFE, CFSAdjunct Professor| Florida Atlantic UniversityAlways a hit, Jay Leiner brings his in-depth knowledge and a dose of humorto forensic interviewing techniques. This presentation will discuss the do's anddon'ts of effective interviewing for forensic investigations.

Breakout 10 Normalizing Adjustments and Compensation (1 TB)Sheri Schultz, CPA, ABV, CFFDirector of Business Valuation and Litigation Support ServicesFiske & Company | PlantationThis presentation will explore the following:• Why and when normalization is important• How to determine the shareholder and officer’s compensation

adjustments• Types and categories of adjustments and method of implementation• Use of benchmark data and the reliability of statistics• Normalization mistakes when determining FMV

Often, one of the largest adjustments in a business valuation is reasonablecompensation. We will discuss the use of databases and trade associationsurveys. You will learn how to use your judgment to determine thereasonableness of the data for the position in question. It is critical that thevaluator is aware of the assumptions and limitations of the data and thedefensibility of the number utilized.

3:45-4:35 p.m. Panel: Creating the Next Generation of Experts (1 TB)This session will offer insight and recommendations on how firms can goabout passing the torch. Learn tips and tricks on how to help your junior staffget the opportunities they need to testify.

4:35-5:25 p.m. View from the Judge's Chamber (1 TB)This session will provide, from the judge’s perspective, discussion of recentlandmark cases in Federal court; how to avoid or withstand Daubertchallenges; how to write better Rule 26 reports; and best practices for expertwitnesses appearing in Federal court.

www.ficpa.org 7

7:30-8 a.m. Continental Brakfast

8-8:50 a.m. To Catch a Thief (1 AA)R. Kevin Cross, MST, EA, NTPI Fellow, CPAStewardship Director | Fellowship Bible Church | Roswell, Ga.$300,000 is missing and one of you is the culprit! In this fast-paced session,you will use Kevin Cross’ sleuthing techniques to solve an actual fraud case.Participants will learn the difference between negligence and fraud and willdiscover how to deter and detect fraud in various forms.

8:55-9:45 a.m. Economic Update (1 TB)R. Christopher Jones, Ph.D.President, FEA; Visiting Instructor of Economics | Florida Economic Advisors, LLCUniversity of South Florida | ValricoThis session will offer a profile and forecasts of both US and Floridaeconomies for 2014-2015.

10-10:50 a.m. Concurrent Breakouts – Choose One

Breakout 11 Writing Forensic Reports (1 TB)James T. Ashe, CPA, MAFF, CFFPartner | Marcum LLP | Melville, N.Y.Hear about current trends and suggestions for reporting engagement resultsfor different areas of specialization. James will cover the best approach towriting forensic reports with an emphasis on the delivery of an expert opinionto avoid difficulty in depositions or trial.

Breakout 12 Cost of Capital (1 TB)James HarringtonDirector | Duff & Phelps, LLC | Chicago, Ill.andCarla NunesDirector | Duff & Phelps, LLC | Philadelphia, Pa.

10:55-11:45 a.m. Concurrent Breakouts – Choose One

Breakout 13 The Art and Science of Negotiation and Settlement (1 TB)

Breakout 14: Cost of Capital Continued (1 TB)

11:45 a.m.-1 p.m. Lunch

Friday Jan. 9

8 VFALS Conference

Friday (continued)

1-1:50 p.m. Concurrent Breakouts – Choose One

Breakout 15 Divorce Case Law Update (1 TB)Cynthia L. Greene, Esq.Partner | Greene Smith & Associates, PA | MiamiThis lively and always entertaining session will provide a review of 2014 caselaw related to accounting issues in divorce case law.

Breakout 16 Vaulations in Adversarial Situations (1 TB)James R. Hitchner, CPA, ABV, CFF, ASAManaging Director | Financial Valuation Advisors, Inc. | Ventnor City, N.J.Learn about the major issues that must be addressed in valuations in a disputesetting: • What goes into the engagement letter? • Panning, discovery and communication • What valuation methods are more defensible • What do adversaries look for to discredit the expert and the analysis? • What is the form of work product? • How to prepare to present and defend your valuation • Detecting biased valuations

1:55-2:45 p.m. Personal Goodwill – What a Practitioner Needs to Support It (2 TB)Gary R. Trugman, ASA, CPA/ABV, MCBA, MVSPresident | Trugman Valuation Associates, Inc. | PlantationThis presentation will discuss Florida divorce case law and provide theaudience with ideas as to how to support the allocation of personal goodwillfrom the value of the business.

3-3:50 p.m. Personal Goodwill – What a Practitioner Needs to Support It Continued (2 TB)Gary R. Trugman, ASA, CPA/ABV, MCBA, MVSPresident | Trugman Valuation Associates, Inc. | PlantationThis presentation will discuss Florida divorce case law and provide theaudience with ideas as to how to support the allocation of personal goodwillfrom the value of the business.

www.ficpa.org 9

2013-2014 Valuation, Forensic Accounting andLitigation Services Conference Committee

Charles C. Price, ChairPaul Dumm, Vice Chair

Mirtha G. AguirreAnthony R. BanksMelissa Barbosa

Victoria R. BartlettCurtis H. Bernstein

Erica G. BerryMarcie D. BourRobert M. BrlasJohn M. Byrne

Lillian M. ConradRichard M. Dotson

Paul DummJonathan S. Gorman

Kathleen A. HargreavesMonte E. Kane

Lawrence J. KendziorMichael S. KridelEmanuel S. LaxMichael P. McGovernMonica OspinaSandra L. PerezRichard A. PollackElgin F. PoloEdward E. PratesiArlene Ravalo-Jao Sheri F. SchultzKelsey A. ThompsonCinnamin O. TurkPoonam N. VaidyaJ. V. Williams

10 VFALS Conference

Conference infoConference Site and AccommodationsSheraton Ft. Lauderdale Airport Hotel – Dania1825 Griffin Rd.Dania, FL 33004-2213(954) 920-3500

FICPA Room Rate: $140 Single/Double; $149 Triple; $159 Quad Special: Parking at $5 daily and $10 overnight.

Hotel Cutoff Deadline: Friday, Dec. 12, 2014Reservations made after the cutoff date will be subject to availability and current room rate.For reservations, please contact the Sheraton Ft. Lauderdale Airport Hotel directly at (954) 920-3500. Be sure to mention the FICPA Valuation, Forensic Accounting andLitigation Services Conference to receive the special group rate.

CPE Policies You May Need to KnowCPE policies can be found on our website at www.ficpa.org/policies or on the confirmationsent upon completion of registration.

Bring Your Team and SaveRegister five or more people from the same organization and receive special groupdiscounts! Restrictions may apply. For more information, visit www.ficpa.org/policies.

Did you know?You can apply your nonmember fee from this event towards an FICPA membership. Visitwww.ficpa.org/policies for more details and an application.

Conference EZMaterials Are you using all of the FICPA Conference EZMaterials advantages? • Available in Advance – Download the EZMaterials PDFs to your laptop, tablet or otherdevice seven days before the event.

• Searchable – Save time by jumping right to a subject – nomore flipping through pages or reading extra.

• Portable – Upload your materials to the cloud or save to aflash drive and access anywhere.

• Green – Help preserve our beautiful planet by saving paper.More convenient, greener and so much EZer.

www.ficpa.org 11

Registration

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Four ways to register for FICPA CPE Programs

The FICPA is not responsible for checks or registrations delayed or lost in the mail.*Save Money! Take advantage of the Early Bird Price if you register more than 10 days in advanceand save $55 off the regular price.** Nonmembers of the FICPA must add an additional $125 per day of instruction to theregistration price. Save money and apply this fee to your FICPA membership fees.Visitwww.ficpa.org/cpe for more details.

VFALS Conference (LC) Member Price Nonmember Price**Early Bird Price* $445 $695

Regular Price (as of 12/29/2014) $500 $750

VFALS Conference (LC) – One Day Pricing Member Price Nonmember Price**Early Bird Price* $300 $425

Regular Price (as of 12/29/2014) $355 $480

Subtotal $

Total $

Internet registration can be placed at www.ficpa.org/cpe.Fax a completed registration form with credit card information to the FICPA at (850) 681-2433.Call the FICPA Member Service Center at (800) 342-3197, or (850) 224-2727 to place a credit card order.Mail a completed registration form to: Continuing Professional Education, FICPA, P.O. Box 5437, Tallahassee,FL 32314-5437.

Contact Information

Method of Payment

ThursdayJan. 810:10-11:00 a.m. � B01 � B0211:05-11:55 a.m. � B03 � B0412:50-1:40 p.m. � B05 � B061:45-2:35 p.m. � B07 � B082:50-3:40 p.m. � B09 � B10

FridayJan. 910:00-10:50 a.m. � B11 � B1210:55-11:45 a.m. � B13 � B141:00-1:50 p.m. � B15 � B16

You will be automatically registered for all General Sessions. Please check one breakout session for each time slot indicating the concurrent session you wish to attend.

Pricing

www.ficpa.org/cpe (800) 342-3197 (850) 224-2727

P.O. Box 5437 • Tallahassee, Florida 32314