James R. Hitchner, CPA/ABV, ASA is Managing Director of The Financial Valuation Group (FVG) in Atlanta, Georgia. FVG is a national financial advisory services firm specializing in valuation and litigation services. He is a founding member and president of The Financial Consulting Group, L.C. (FCG). FCG is a national association of professional services firms dedicated to excellence in valuation, financial and litigation consulting.
Mr. Hitchner has more than 27 years of professional experience, including 25 years in valuation services and two years in real estate development. He spent over seven years with Phillips Hitchner Group and was also partner-in-charge of valuation services for the Southern Region of Coopers & Lybrand (currently PricewaterhouseCoopers), where he spent more than nine years. He was also employed as a senior appraiser with the national appraisal firm American Appraisal Associates in both the financial and industrial valuation groups.
He has been recognized as a qualified expert witness and has provided testimony on valuations in numerous state and federal courts. In the valuation area he has co-authored over 20 courses, taught over 50 courses, published over 50 articles, and has made over 100 conference presentations including the American Institute of Certified Public Accountants, the American Society of Appraisers, the National Association of Certified Valuation Analysts, and numerous state CPA societies. He has also been a faculty member teaching valuation courses for judges for the National Judicial College and the Flaschner Judicial Institute.
Mr. Hitchner is editor/co-author of the book Financial Valuation Applications and Models second edition; co-author of the book Financial Valuation Workbook second edition, and co-author of the book Valuation for Financial Reporting: Intangible Assets, Goodwill, and Impairment Analysis—SFAS 141 and 142 all published by Wiley. The American Institute of Certified Public Accountants (AICPA) offers a six-day Business Valuation Essentials course created by Mr. Hitchner and based upon his book. The National Association of Certified Valuation Analysts (NACVA) offers a three-day Advanced Business Valuation course created by Hitchner and based on his book as well.
He is an inductee in the American Institute of Certified Public Accountants’ (AICPA) Business Valuation Hall of Fame and current member of the AICPA task force on Business Valuation Standards. Mr. Hitchner is past chairman of the Business Valuation Committee of the Georgia Society of CPAs, past member of the AICPA Business Valuation Subcommittee, past member of the AICPA ABV exam committee, past chairman of the ABV exam review course committee, contributing editor of AICPA CPA Expert newsletter, and a former member of The Appraisal Foundation Industry Advisory Council. He has a Bachelor of Science degree in engineering from the University of Pittsburgh and a Masters of Business Administration degree from Rider University. He holds the AICPA Accreditation in Business Valuation (ABV) specialty designation and also is an Accredited Senior Appraiser (ASA) with the American Society of Appraisers.
Financial Valuation: Applications and Models, 2nd Edition
In Financial Valuation, Second Edition, 30 leading experts present their consensus view on the most appropriate ways to prepare and present business valuations, with a strong emphasis on applications and models. This edition features new chapters that cover tax-affecting S corporations and the latest FASB requirements. It includes detailed discussions and techniques for valuing businesses in various industries, and also discusses and compares the Standard & Poor's Equity Risk Premium Study to the Ibbotson Risk Premiums. Financial Valuation has been adopted by the AICPA for its six-day Business Valuation Essentials courses and NACVA for its Advanced Business Valuation course.
Financial Valuation Workbook: Step-by-Step Exercises to Help You Master Financial Valuation, 2nd Edition Financial Valuation Workbook, Second Edition is the ideal companion to all general valuation books. This fully updated new edition follows the valuation engagement format from client call to issuance of a report. It covers the step-by-step process of preparing a credible valuation and guides practitioners through concepts and applications. Complete with a CD that includes all checklists and samples, this is a powerful organizing resource and test prep tool for both beginning and established practitioners.