Business Valuation Using Bayesian Networks
Presented at the 9th Annual BayesiaLab Conference on October 15, 2021.
Abstract
Given wide plausible value ranges, the greatest value that a business valuation expert offers a client may be the ability to persuade others (e.g., judges) to locate their preponderance of probabilities (evidence) across the client’s interval within the plausible value range. Accomplishing this feat is a function of technical valuation expertise, as well as communication tools and techniques. This presentation explores Bayesian networks as a platform for facilitating the probabilistic estimation, negotiation, and communication of business value.
Presentation Video
Presentation Slides
About the Presenter
Kurt S. Schulzke, JD, CPA, CFE
Associate Professor of Accounting & Law
University of North Georgia
kurt.schulzke@ung.edu
Kurt Schulzke, JD, CPA, CFE, teaches forensic accounting and audit analytics at the University of North Georgia. He has published on revenue recognition, materiality, expert witnessing, economic damages, and business valuation through a Bayesian networks lens in a variety of outlets, including the Columbia Journal of Transnational Law, Vanderbilt Journal of Transnational Law, Journal of Forensic Accounting Research, Tennessee Journal of Business Law, and The Value Examiner. With an M.S. in Applied Statistics from Kennesaw State University, he is equally adept as counsel, expert witness, or neutral in valuation-related matters.
Kurt Schulzke, JD, CPA, CFE