Posted on August 17, 2015  

Next Meeting: Thursday, May 21, 2015

Place: Schechter Dokken Kanter, 100 Washington Avenue South, Suite 1600, Minneapolis, MN

Time: Noon – 1:00 PM

Agenda: Business meeting followed by webinar presentation

Webinar details –

To Err is Human: Avoiding Common Valuation Mistakes

If we could turn back time… who among us hasn’t experienced the gut-churning feeling of finding a mistake after a report has been released? Or even worse, had someone else find the mistake? This useful session will explore some of the most common and most often overlooked errors when determining the value of a closely held business. Among them:

• Inconsistent assumptions between approaches
• Misunderstanding the information provided by guideline company databases
• Failure to make appropriate adjustments to the subject company’s financial information

Valuation professionals will want to attend this webinar to help to “bullet-proof” their appraisals.

MABVP seeking member to fill the position of Treasurer

Due to an employment change out of the business valuation industry, MABVP has lost its treasurer and is seeking a replacement. If you are interested in this position, please contact Jennifer Schiefert at jschiefert@sdkcpa.com.

General Business:

• The MABVP chapter is still seeking a member to serve as Treasurer, a commitment that takes 1 to 2 hours during the months when there is a meeting plus approximately three to five hours annually for membership-related tasks and other activities.
• 2015 BV Conference – MABVP’s share of this year’s conference proceeds is $1,148.66. Full conference accounting details will be shared at the May 21 meeting.

Meeting Schedule for Calendar Year 2015:

May 21, 2015                                      Webinar: Avoiding Common Valuation Mistakes

June – August, 2015                         No meetings during the summer – Board Meets in August

September 17, 2015                        Annual Elections and presentation

You can reach Jennifer Schiefert at jschiefert@sdkcpa.com. Cathy Hickman can be contacted at mabvp.cathy@gmail.com.