The Art and Science of Valuing Financial Instruments

The Art and Science of Valuing Financial Instruments

In the world of accounting and valuation, much consternation exists among CPAs, Government Auditors, Financial Analysts, and Credentialed Valuators regarding the determination of the fair value of financial instruments. Both the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) have identified the fair value reporting of financial instruments as one of the top priorities needing improvements. Most prominent among the reasons given for the failures to accurately determine the values of these financial constructs is the complexity of these instruments, which are steadily increasing as a result of enhanced computing capabilities. And, this concern is not limited to the United States; the International Valuation Standards Council (IVSC) also expressed major concerns over the lack of quality derivative product valuations. To address this issue, the Center for International Business Valuation (www.cfibv.org), a research think tank, consulting, and training organization developed the four-day advanced course in the Valuation of Financial Instruments.   

Who needs to attend:

Accountants and Auditors

Chief Financial Officers, Comptrollers, Treasurers

Valuators, Appraisers, Financial and Equity Analysts, Real Estate Analysts

Bank Trust Officers, Credit Products Officers, Investment Analysts, Portfolio Managers, Asset Management Specialists, Mergers and Acquisitions Directors

Because of the advanced nature of this training, only individuals with a substantial economics, finance, or accounting background should attend. If you are a business valuator with a credential such as the ICVS, ASA, ABV, CICBV, BCA, or CVA, click here.

Learning Objectives:

Apply accounting standards for fair value and understand the history behind the fair value movement 

Ascertain the purposes behind the issuance and usage of complex derivative products 

Employ the current valuation techniques for these financial products

Utilize the programming language of Python, which is dominant in the valuation of financial constructs

Topics:

Introduction to the valuation profession

The three valuation approaches

Fair value accounting and disclosure requirements

Fair value methodologies and techniques for valuing financial instruments (equities, debt, securitized instruments, and derivatives)

Python Programming Language using Financial libraries

Dates: 

December 15 – 18, 2019

Venue: 

The training will be held at the Omni Orlando Golf Resort in Champions Gate, 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 

Delivery Methods:

In-person, Live Zoom, and/or Online

Class Materials Participants will receive:

Advanced Studies in Financial Instruments Body of Knowledge Manual

Six-month online access to lecture slides and videos

Support for Python financial libraries and related templates

Continuing Education Units and Certificate of Completion: 

This course provides 28 hours of continuing Professional Education units meeting the standards of the Florida State Board of Accountancy and other professional bodies.  Participants will receive a Certificate of Completion from the Center for International Business Valuation upon successful completion of the course.

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:

 The $1,800 purchase includes the live training, the complete ICVS-A online course (when it becomes available), a printed manual, and catered breakfast, lunch, and snack breaks on the four days of the training. Group discounts available.

Refund Policy

For more information, please call 844-235-0220.

REFUND POLICY