November 10 - November 11 - Las Vegas, Nevada
Arlene Ashcraft and Donny Springer of Columbia Financial Advisors, Inc. will be speaking at the 2016 ESOP Las Vegas Conference & Trade Show. Kathryn F. Aschwald will also be attending. We hope to see you there!
Friday, November 11th at 10:30am, Donny Springer will be speaking in the following presentation:
"Financial Projections: Part 2 (Addressing Unreasonable Projections)" :
Projecting company financial results is a difficult, but necessary undertaking. Management’s financial projections are a key input into the analyses underlying ESOP fairness opinions and annual appraisal reports. Furthermore, the DOL Process Agreement highlighted the importance of thoroughly evaluating management’s financial projections. This advanced valuation topic will review methods and procedures that fiduciaries and valuation professionals can use to evaluate the reasonableness of projections as part of the valuation process.
Friday, November 11th at 3:00pm, Arlene Ashcraft will be speaking in the following presentation:
"Underperforming ESOP Company Issues" :
ESOP companies do not always perform well. Economic downturns, excessive leverage, industry dynamics, management turnover and the competitive environment all can contribute to disappointing operating and financial results. While there is no magic pill to solve these performance issues, there are relevant actions that can be taken. This advanced session will explore a number of strategies that ESOP companies may consider in response to changing financial circumstances.