The American Institute of Certified Public Accountants (AICPA) has announced the co-winners of the 2002 AICPA Business Valuation Hall of Fame Award, James Alerding and Neil Beaton. The award recognizes individuals whose achievements and contributions have significantly advanced the business valuation discipline and enhanced the valuation profession for CPAs.
James Alerding, CPA
Alerding is a Partner and Chairman of the Valuation and Forensic Services Group at Clifton Gunderson LLP, Certified Public Accountants & Consultants in Indianapolis, Indiana. Alerding received his Accredited in Business Valuation (ABV) designation from the American Institute of Certified Public Accountants. He has been actively involved with the valuation of businesses since 1980 and lectures frequently on the subject of valuations of closely held businesses. Alerding has been a member of AICPA’s Business Valuations Standards Task Force since 2000 as well as serving as a Charter Panelist on the Technical Advisory Panel for the “ABV E-Valuation Alert” since 1999. Alerding graduated Summa Cum Laude with a BS in Business Administration from Xavier University in 1967. He is licensed as a CPA in Maryland and Indiana.
Neil Beaton, CPA
Beaton is a principal at Brueggeman and Johnson, P.C. in Seattle, Washington, a firm specializing in business valuations and litigation support. He is also a director of a business accelerator known as Smart Starters, Inc. Beaton is accredited in Business Valuation (ABV), a Chartered Financial Analyst (CFA) and an Accredited Senior Appraiser (ASA). He speaks nationally at various industry conferences and has authored various articles on business valuation. Beaton is a past member of the AIPCA’s Business Valuation Subcommittee, a current member of the Valuation of Private Equities Task Force and Chairs the AICPA FASB 141/142 Task Force and the Washington State CPA’s Litigation Services Knowledge Network. He is also a past president and trustee of the Seattle Society of Financial Analysts. Beaton received a Bachelor of Arts degree in Economics from Stanford University and a Masters in Business Administration from National University, and was licensed as a Certified Public Accountant in the State of Washington in 1990.