CPAs with clients who are exploring succession planning and exit strategies may want to consider employee stock ownership plans (ESOPs). Mark Flinchum, Mark Kossow, and Andy Manchir discuss the advantages and disadvantages of ESOPs for companies, sellers, and employees. Flinchum and Manchir are co-chairs of the ESOP Services Group of Katz Sapper & Miller in Indianapolis, Ind., and Kossow is a member of Clark Hill PLC in Princeton, N.J.
Communicating complex financial issues to nonfinancial professionals is essential for CPAs working in forensic accounting and business valuation. Chris Mercer, founder and CEO of Mercer Capital in Memphis, Tenn., specializes in how accounting professionals can better talk to judges and juries. Mercer will speak on this issue and what you need to know about buy/sell agreements when working with attorneys and referral sources at PICPA’s 2019 Valuation and Forensic Accounting Conference on Nov. 18 in King of Prussia, Pa. Mercer provides a preview of these critical topics in this episode.