ICVS with Advanced Studies in Financial Instruments

Course Overview:

The International Association of Certified Valuation Specialists, in conjunction with the Center for International Business Valuation, has added an advanced level to the ICVS credential; valuators can now earn the ICVS with Advanced Studies in Financial Instruments (ICVS-A). The curriculum for the ICVS-A, which focuses on fair value concepts, was developed by Dr. Joel M. DiCicco, CPA, BCA, ICVS, a full-time member of the Executive Business and Department of Accounting faculty at Florida Atlantic University’s College of Business. This advanced credential in the fair value of financial instruments can be earned along with the initial ICVS or can be added to enhance a current ICVS credential.  

Upon completion of the training program, students can participate in a credentialing exam comprised of a case study and valuation problems concerning derivative products. The ICVS-A designation requires an understanding of valuation techniques for various financial instruments, ranging from basic securities to complex derivative constructs. In addition to the valuation of financial instruments, the training and optional exam covers fair value accounting under both US GAAP and IFRS,along with the use of Python programming language (the language of choice for valuing financial derivatives).

The inaugural live training, presented with the Southeast Chapter of Business Appraisers, will be held in Orlando, Florida, USA, on December 16, 17, and 18. Business Valuators with a credential such as the ICVS, ASA, ABV, CICBV, BCA, or CVA are welcome to attend. These materials are advanced in format and require students to have a thorough understanding of business valuation in order to keep up with the instructors. If you are not a business valuator but have a substantial economics, finance, or accounting background, click here.

 Learning Objectives:

Upon completion of this training program, participants will be able to:

1. Apply accounting standards for fair value and understanding the history behind the fair value movement 

2. Ascertain the purposes behind the issuance and development of many complex 1 derivatives 

3. Utilize valuation techniques for financial products

4. Program using the fundamentals of Python

Topics:

This training program covers the following areas:

• Introduction and history of fair value

• Accounting for Fair Value under US GAAP and IFRS

• Fair Value methodologies for equities and debt instruments

• Approaches to valuing securitized debt securities

• Fundamentals and valuation of derivatives/complex financial instruments

• Python programming basics and libraries

Dates: 

December 16-18, 2019

Venue: 

The training will be held at the Omni Orlando Golf Resort in ChampionsGate, Florida.  Room reservations at the ICVS-A group rate are limited and the price includes the resort fee. Click here to book your room

Click here for the Disney World CfIBV special ticket offer 

Click here for the Disney World CfIBV special ticket offer 

Continuing Education Units: 

Continuing Professional Education units meeting the standards of the Florida State Board of Accountancy:

1. Live Training (22 hours)

·  Technical Business – 11 hours

·  Accounting and Auditing – 11 hours

2. Recommended Optional Self-Study for the ICVS-A credentialing exam (The exam is not included as part of the training.)

·  Recorded online materials and practice problems included with the live training (58 hours)

o   Technical Business – 29 hours

o   Accounting and Auditing – 29 hours

About the Course Instructor : Dr. Joel Dicicco

Dr. Joel M. DiCicco, CPA, CFF, BCA, PFS, CGMA

Dr. Joel DiCicco is a CPA with over 30 years of practitioner experience in finance, taxation, and accounting/auditing.  For approximately 20 years, Joel worked for the IRS with increasingly responsible jobs leading up to his position as Territory Manager for the Financial Products team east of the Mississippi.  In this role, he worked and supervised the most complex and sophisticated tax structuring and valuation issues, utilizing many of the latest forensic techniques applied in tracking the true substance of transactions. Part of this role included overseeing the valuation of emerging and complex financial instruments, formulating policies and tax positions, reviewing and evaluating issues pertaining to structured products, debt/equity concerns,abusive transactions, and valuations, examining the tax treatment and valuation accorded complex financial constructs, and performing complex mathematical valuations of these instruments. Dr. DiCicco also was the lead instructor for all three phases of the IRS’s National Financial Product Training and he served on details as Territory Manager for both Global High Wealth and Large Business Employment Taxes.  Further, Joel developed multiple training guides and toolkits spanning a variety of emerging issues in conjunction with the IRS National Office legal division.

 Dr. DiCicco currently is on the Editorial Review Board for the Florida Institute of Certified Public Accountants and the International Society of Business Appraisers.He has been a faculty member at Florida Atlantic University for more than 12 years and is now a full-time instructor for the Graduate Executive MBA program. Over these years, he has taught courses in  accounting, finance, and taxation.  In addition, Joel is quite involved with both FAU’s Financial Analyst and Master of Science in Finance programs. Dr. DiCicco is a Certified Public Accountant (CPA), Certified in Financial Forensics (CFF),  Chartered Global Management Accountant (CGMA), and Personal Financial Specialist.

Pricing: 

$150 IACVS Discount!  IACVS members who register by November 1 save 10% off of the regular training price of $1,500.

ICVS-A Brochure

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