Using AI in Your Valuation Practice – Part 1

Forensic and Valuation Services (FVS)

Rod and Josh discuss the impact of artificial intelligence (AI), on business and life: the talent crunch in the business valuation profession and the high salaries offered by large firms make it difficult for smaller firms to hire junior analysts.

Imagine growing your business without being able to hire additional staff - could AI be a solution to this constraint?

Key takeaways:

• The importance of familiarizing oneself with AI and its potential applications in business valuation
• How AI can be used to do a lot of tasks that you would hire a junior analyst to do.
• Make time to learn the tool. See the show notes for a list of great resources
• Practical examples of how to use AI to assist with writing and due diligence prep

Guest: Rod Burkert, CPA/ABV, Burkert Valuation Advisors Host: Josh Shilts, CPA/ABV/CFF/CGMA, Shilts CPA

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RESOURCES FOR FURTHER EXPLORATION If you’re using a podcast app that does not hyperlink to the resources, please visit https://fvssection.libsyn.com/fvs to access the show notes with direct links.

Rod will be a presenter at the 2024 AICPA-CIMA Forensic and Valuation Services Conference, October 28-30 in Dallas, TX. CLICK HERE to register

• Early bird discounts are available through Sept 13.
• FVS Section, ABV, CFF, and CVFI save an additional $550.

From the FVS Section webcast archive (available as a benefit to FVS Section members) The state of AI and machine learning in financial instrument valuation | FVS webcast archive

This podcast episode is part of the extensive resource library available from the AICPA’s Forensic and Valuation Services Section, the premier provider of guidance, tools, and advocacy for professionals specializing in forensics and business valuation services. Visit us online, and if you’re not already a member, consider joining this active community of your FVS peers. You will get 16 credits of complimentary CPE and access to rich technical content, including BRGonline, and Merger Shark.

LEARN MORE ABOUT Accredited in Business Valuation (ABV®) – Visit the home page and check out the ABV Infographic

Certified in Valuation of Financial Instruments (CVFI®) – Visit the home page and check out the CVFI infographic

Certified in Financial Forensics (CFF®) - Visit the home page and check out the CFF Infographic

This is a podcast from AICPA & CIMA, together as the Association of International Certified Professional Accountants. To enjoy more conversations from our global community of accounting and finance professionals, explore our network of free shows here. Your feedback and comments are welcomed at [e-mail]