2024 IAC MTS - Accounting Issues for M&E Appraisers

Session Description

Machinery and Equipment appraisers are often expected to have an understanding of client financial statements.  This session will explain the presentation of financial statements, including cash basis vs accrual basis, depreciation methods and other non-cash items and retained earnings.  We will also discuss the differences in the financial statement presentation of various types of entities including corporations, limited liability companies, partnerships and sole proprietors.

Speaker

Penny Lutocka, CPA/ABV, ASA, CFE | Principal | Houlihan Valuation Advisors

Continuing Education

Review of this session recording will award 1.2 CE hour. 

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