The National Association of Certified Valuators and Analysts® (NACVA®), the organization that has trained over 35,000 CPAs and other valuation and consulting professionals in the field of business valuation, financial forensics, and various related specialty areas serving the legal and business communities, today announced that Tim McPoland has been named a member of its Standards Board (SDB), which has the responsibility to provide clarification/interpretation of the Standards in response to questions from NACVA members.

 

Tim joined Freed Maxick CPAs, P.C. in 1985 and was elected Director in 1995. During his professional career, Tim has developed a concentration in SEC regulatory and accounting matters. He has over thirty years of experience in auditing public companies and has provided consulting services to companies in assisting their implementation of the provisions of Sarbanes-Oxley Act, including Section 404. Tim is also responsible for the management of the Firm’s Litigation Support Services, where he has extensive experience in preparing business valuations for a wide range of businesses, and has provided consultation and expert witness testimony relating to valuation issues, antitrust litigation, contract disputes and lost profits analyses.  He has also provided consultation and expert witness testimony as a result of forensic accounting engagements where fraud and embezzlement had occurred for various businesses and organizations, including the Erie County District Attorney and New York State Attorney General.

 

“The Standards Board provides the Association with critical guidance and important oversight,” said NACVA’s Chief Executive Officer, Parnell Black, MBA, CPA, CVA. “We are very pleased that Tim McPoland has agreed to join the Board, share his insight with us, and help the Association as we assist thousands of members keep up with the demand of the profession and obtain the necessary training, certification, and credibility so they grow and thrive in their practice, while maintaining the highest of standards, and strengthen brands.”

 

The SDB will support the broad use and acceptance of NACVA Standards by pursuing bipartisan relationships with other standards-making organizations. They also have the charge to stay abreast of other industry standards, rules and requirements, and practice aids. Accordingly, the Board will be proactive in influencing other organizations’ pronouncements in the best interest of NACVA members.

Members of the SDB are responsible for fielding phone calls referred to them by HQ to explain or interpret any portion of our Standards. The Board’s purpose is to promulgate NACVA’s Standards throughout the business valuation provider and user communities. This is achieved by addressing issues in the business valuation community and providing interpretations, amendments, restatements, and new releases of NACVA’s Standards as deemed necessary and prudent.

 

About Freed Maxick CPAs

Freed Maxick CPAs, P.C. is one of the largest accounting and consulting firms in Western New York and a Top 100 largest CPA firm in the United States. Serving closely held businesses, SEC companies, governmental and not-for-profit clients across New York as well as nationally and internationally, Freed Maxick mobilizes high-performance professionals to guide client growth, compliance, security and innovation. Freed Maxick specializes in the healthcare, manufacturing, real estate, banking, agribusiness and private equity sectors, and has more than 300 professional and administrative personnel and offices in Buffalo, Batavia, Rochester and Syracuse, New York. Visit https://www.freedmaxick.com/trust-earned/ to learn more about how we earn the trust of our clients.

 

  

About NACVA

Headquartered in Salt Lake City, UT, the National Association of Certified Valuators and Analysts

(NACVA) is a global, professional association that delivers training from the nation’s leading experts in

consulting fields such as business valuation, financial litigation/forensics, expert witnessing, forensic

accounting, fraud risk management, mergers and acquisitions, business and intellectual property damages, fair value, healthcare consulting, and exit strategies. Along with its training and certification programs, NACVA offers a range of support services, reference materials, software, and customized databases to enhance the professional capabilities and capacities of its members. Visit www.NACVA.com to learn more.