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SOAEP Professor Weighs In On PCABOB Staff Inspection Brief

FAU Prepares Business Valuation Professionals for Real-World Practice

Current and relevant course material is vital for Accounting programs seeking to prepare Business Valuation Professionals to make an impact in a real practice. FAU Business Valuation Professor Dr. G. William Kennedy ensures that his courses provide students with up-to-date and practical insights into the very specific issues they will face in the industry.

In a recent Staff Inspection Brief issued by the PCAOB, it was noted that one of “the audit deficiencies frequently identified during the 2015 inspections cycle related to estimates arising from the valuation of assets and liabilities acquired in a business combination and impairment analyses for goodwill and other long-lived assets.”

Bill Kennedy - 640 x 480

Dr. G. William Kennedy, Ph.D., CPA/ABV

Dr. Kennedy weighs in on the PCABOB briefing:

“Our course, Business Valuation for Fair Value Accounting, Auditing and Financial Reporting, covers the very topics that were of concern to the PCAOB.

FAU’s School of Accounting Executive Programs’ graduates who earn their Master of Accounting with Business Valuation Concentration or Business Valuation Certification will be more than prepared to tackle the complex issues involved with post acquisition fair value measurements.”

With increasing career opportunities across a diversity of industries becoming available for valuation professionals, having an education that links classwork to real-world problems is crucial. Business Valuation jobs require both the knowledge of how to perform valuations as well as strategies to navigate the dynamic changes in the vast variety of industries.

FAU professors, many of whom are also practitioners, bring their practical business experience together with their research-based content to inform and train tomorrow’s Business Valuation specialists.

* The FAU School of Accounting Executive Programs offers an Executive Master of Accounting Degree with a Concentration in Business Valuation, as well as a degree with a dual-concentration in Forensic Accounting and Business Valuation.

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Denise Gravatt

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