Crossing the Bridge to Liquidity – Discounts for Lack of Marketability (DLOM) and Discounts For Lack of Liquidity (DLOL)
- Identifying the natural level of value derived from different valuation methods
- Understanding Liquidity versus Marketability (Private Company Discounts)
- Determination of DLOM or Private Company Discounts for control versus non-control value
- Using Statistical Tools to Validate Private Company Discounts
Session F-22: Freitag, 6. Dezember, 14:00 bis 15:00 Uhr
Lari Masten, MSA, CPA, ABV, CFF, CVA, CPVA, ABAR, MAFF
focuses her professional time on business valuation, litigation, and consulting services as they apply to both private and public companies.
She has performed business valuations, economic damage calculations, purchase price allocations, and goodwill impairment testing for companies operating in a variety of industries, including: life sciences, personal/professional services, exploration and production of natural resources, manufacturing and distribution processes, real estate development and management, and agriculture-related service sectors. She has been qualified as an expert witness, and her valuations, lost profits and damages calculations expert witness testimony have been for purposes of marital dissolution, estate and gift tax planning, damages, lost profits, bankruptcy, contract disputes, buy-sell agreements, purchase/sale transactions, goodwill impairment, and related matters.
Ms. Masten has written numerous articles relevant to her areas of expertise. She has been an invited guest speaker for various organizations on topics salient to the organization’s focus involving valuation standards compliance, business valuation fundamentals and advanced topics, litigation, estate planning/wealth retention, marital dissolution, and business valuation case analysis. In addition, she is an instructor for the National Association of Certified Valuators and Analysts® (NACVA®) National Training and Development Team, which presents throughout the country approximately 14 weeks per year. In this capacity, she teaches days four and five of NACVA’s week long Business Valuation Training Center, The Market Approach, Case Analysis, Special Purpose Valuations, and The Valuation Process: Facts to Conclusion. Successful completion of this training center, and the related examination process, results in the participants’ receipt of their business valuation credential.
Ms. Masten served in the elected position of Chairman for NACVA’s Education Quality Assurance Board from 2010–2013, she is a contributing member of the editorial advisory board to the National Litigation Consultants’ Review™ and the Journal of Business Valuation and Economic Loss Analysis, and is an officer of the Colorado NACVA State Chapter.