31 Oct This Weeks Events for Business Brokers
California Association of Business Brokers
CABB 201 – Advanced Recasting and Business Valuation
November 1 – 4
This is the final course requirement for the Certified Business Broker (CBB) designation.
In this 4-day, 12-hour course you will learn business valuations by recasting financials to determine Sellers Discretionary Earnings (SDE), creating a Risk Analysis using the CABB worksheet, determine a Broker’s opinion of value for both Asset and Stock Sales using 4 different methodologies with the Income and Market Approaches, including models for Multiple of Earnings, Excess Earnings and cap rate model, and using the comps (done-deal) model. We will also discuss getting paid for this process and talk about different valuation packages available to brokers.
Michigan Business Brokers Association
Metro Chapter Monthly Meeting
November 3, 10:30 AM – 1:00 PM
BJ’s Restaurant and Brewhouse, 19470 Haggerty Rd., Livonia, MI 48152
Our guest speaker for our November 3rd meeting is Steve Chapski. Steve is a partner at Chapski & Chapski, CPAs, LLP, a local forensic accounting firm in Canton, Michigan. He is a Certified Public Accountant and Certified Fraud Examiner with 30 years of experience. His talk will be about fraud. He will convey his experience as an expert witness, royalty auditor, and short seller and share some tips/red flags for the group to use in its brokering transactions.
International Business Brokers Association
CBI Exam Refresher
November 3, 12:00 PM
If you have completed all course requirements and are ready to take the CBI Exam, this CBI Refresher is perfect for you! Instructed live online, you’ll be provided with an overview of the exam components with special emphasis on a recasting review. After the Refresher you will also receive an additional recasting practice exercise and access to the online Business Broker Knowledge Assessment (a $29.95 value). This non-graded Assessment is a great tool to test your knowledge prior to the CBI Exam and identify any subject areas to focus your study on.
Please note: The CBI Refresher Instructor is not allowed to distribute answers to the CBI Exam questions. However he/she will be able to guide you to the relevant learning resources if you need assistance in an area.