-Barr discussed a myriad of points regarding pass-through entities-
Online PR News – 01-February-2015 – Parsippany, NJ – – Eric J. Barr, CPA/ABV/CFF, CVA, CFE, Co-Managing Member, Fischer Barr & Wissinger LLC Fischer Barr & Wissinger LLC, recently presented "Valuing Pass-Through Entities: The Market Approach,” on Tuesday, Jan. 20 at the New Jersey Society of Certified Financial Planners (NJSCPA) Business Valuation Roundtable.
Pass-through entities (PTEs) comprise approximately 78% of all business entities, yet their valuation is one of the most discussed, controversial and least understood areas of business appraisal practice. Much attention has been focused on valuing PTEs, yet there remains a lack of clarity and consensus. In this presentation, Eric Barr focused on the Market Approach to valuing PTEs.
This roundtable catered to New Jersey CPAs who offer business valuation as a service, who want to learn how to accurately and effectively communicate and defend their PTE valuation opinions. The discussion covered a range of topics, including the history and impact of changing income tax rates on PTE after-tax returns; the normalization adjustments that need to be considered when applying the Guideline Public Company Method and the Guideline Transaction Method; and valuation perspectives assuming value to the holder/seller, value to the buyer/investor, and Fair Market Value.
Eric Barr has written a book, Valuing Pass-Through Entities which was published by John Wiley & Sons, Inc. Historically, the valuation community, the courts and the IRS have taken seemingly conflicting positions on the proper way to value pass-through entities. With his book, Barr provides a rich and deep history of pass-through entity taxation; compelling, rational and easy-to-use valuation models; checklists; case studies and more. For more information, please visit www.valuingptes.com.
Barr has more than 40 years of public accounting experience. He is a national thought leader and frequent public speaker in connection with the valuation of closely held, family owned businesses. Eric has conducted seminars on the valuation of pass-through entities to the New Jersey Society of Certified Public Accountants, the Minnesota Society of Certified Public Accountants and the New York State Society of Certified Public Accountants; and has presented national webinars for BV Resources and Consultants Training Institute. He has written articles for The Value Examiner, The CPA Journal, BV Update and other publications. Eric has testified as an expert in the areas of business valuation, commercial litigation, forensic accounting and lost profits analysis.
Eric Barr can be contacted at email@example.com.
About Fischer Barr & Wissinger LLC
The Partners, Principals and Managers of Fischer Barr & Wissinger LLC offer more than a century of combined expertise in the areas of tax planning, business and medical practice valuation, litigation support, accounting auditing and consulting services.