The 2023 AICPA Business Valuation Conference and One Thought on Valuation Adjustments
Chris Mercer
NOVEMBER 15, 2022
I arrived in Las Vegas early Sunday evening on November 13th for the 2022 AICPA & CIMA Forensic and Valuation Services Conference. Assume a company has reported an EBITDA of $2.0 Assume further that the appropriate EBITDA multiple is 6x and that the underlying equity discount rate is 14%. Normalized EBITDA is, therefore, $3.0
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