William C. Dameworth
CPA, ABV, CVA, MAFF, CFF

Position and Experience

William C. Dameworth is a managing member of Forensic Strategic Solutions and the director of valuation services. He manages the North Carolina offices. A specialist in litigated business valuation, Mr. Dameworth formerly served as a Managing Director of ComStock Advisors, and senior manager and director of the Business Valuation and Litigation Services Group of Dixon Odom PLLC (now Dixon Hughes Goodman). Mr. Dameworth’s career began in banking where he developed substantial experience in industry and economic analysis, and financial forecasting and modeling during tenures as a commercial lending officer and bank credit officer. He has also practiced in public accounting providing traditional accounting, audit and tax services for a diverse group of business and individual clients.

Mr. Dameworth’s extensive business valuation and litigation consulting experience includes services in over 500 engagements for a wide variety of purposes, including gift, estate, family law matters, shareholder disputes, shareholder buyouts, buy/sell agreements, charitable contributions, purchase price allocation, goodwill impairment testing, intangible asset valuation, mergers and acquisitions, ESOPs, business damages, asset tracing, and active/passive appreciation analysis. These services have been related to corporations, partnerships and limited liability companies across the manufacturing, wholesale, retail and service sectors. Mr. Dameworth has served as an expert witness in Federal and state courts for plaintiffs, defendants and mutual.

Education

  • Bachelor of Business Administration (Finance Concentration), Emory University, Atlanta, Georgia (1985); graduated Summa cum Laude.

Practice Areas

  • Litigated Business Valuation
  • Investigative Financial Consulting

Professional Designations and Certifications

  • CPA: Certified Public Accountant licensed in North Carolina (1991) and South Carolina (1994)
  • ABV: Accredited in Business Valuation (1997)
  • CVA: Certified Valuation Analyst (1997)
  • MAFF: Master Analyst in Financial Forensics – Business Valuation in Litigation (formerly BVAL – 2004)
  • CFF: Certified in Financial Forensics (2009)

Professional Organizations

  • Member, American Institute of Certified Public Accountants
  • Member, North Carolina Association of Certified Public Accountants
  • Member, South Carolina Association of Certified Public Accountants
  • Member, Institute of Business Appraisers
  • Member, American Society of Appraisers (Candidate Member)
  • Member, National Association of Certified Valuators and Analysts
  • AICPA ABV Examination Review Task Force, 2004 and 2005
  • Chair, North Carolina Litigation Services Committee, North Carolina Association of Certified Public Accountants, 2001 through 2005
  • AICPA SFAS 141 and 142 Webcast to CPE Technical Review Team, 2002
  • AICPA ABV Examination Virtual Committee Member, 1999

Representative Seminars and Lectures

  • Valuing Private Companies, Elon University Financial Management Association
  • What’s Hot in Business Valuation for CPAs? NCACPA 69th Annual Symposium
  • Valuation in a Litigation Context, National Trust Closely Held Business Association Workshop
  • Double Dipping: What Is It? Do You Know It When You See It? Divorce-A Hands-On Workshop for BV Practitioners, BV Resources and the American Society of Appraisers
  • Double Dipping, NC Bar Association Family Law Intensive Seminar
  • Business Transition Planning – Maximize Value/Minimize Taxes, Jefferson Pilot Financial Premier Partner Marketing
  • Divorce Planning: Tax Schemes, Prepayments and Accruals, NC BAR Family Law Intensive Program
  • Business Valuation in a Litigated Context, Tri-State Business Valuation Roundtable
  • Intangible Assets under SFAS 141 and 142, NC Bar Association, Biotech and Chemical Patent Committee of the Intellectual Property Law Section
  • Valuation Considerations for Today’s Merger & Acquisition Marketplace, Greenville Business Executive Conference
  • Overview of Patent Valuation, American Furniture Manufacturers Association
  • Overview of Thompson SDC Platinum Transaction Database, Financial Consulting Group
  • Overview of Done Deals Transaction Database, Financial Consulting Group
  • Federal Gift Tax Returns and the Adequate Disclosure Regulations, NC Bar Association
  • Intellectual Property – Trademarks, Copyrights, Royalties, Patents, NC Bar Association Family Law
  • Sound Business Practices for Profitable Growth among Contractors – Business Valuations, NC Association of Plumbing-Heating-Cooling Contractors
  • Family Entity Appraisals for Estate Tax and Other Purposes, NC Bar Association
  • Valuation of the Closely-Held Construction Contractor, Dixon Odom PLLC – Carolinas Construction Executive Forum
  • Valuation of the Closely-Held Auto Dealership – General Valuation Principles, Virginia Auto Dealers Association
  • Valuation of Closely-Held Businesses, Robert Morris Associates – Upper SC Group of Carolinas – Virginias Chapter
  • The Business Valuation Process, Elliott, Davis & Company
  • Business Valuation – An Art and a Science, American Society of Women Accountants
  • The Business Valuation Process, Branch Banking & Trust
  • Business Valuation – A Case Study, Institute of Management Accountants – Greenville Chapter
  • Cash Flow and the Contractor, Carolinas Association of General Contractors
  • A Business Valuation Report Checklist, Greenville Estate Planning Council
  • Business Valuation – The Banker and Appraiser Tea, NationsBank Regional Trust
  • Serving Beneficiaries of Closely-Held Company Assets, First Union – SC Trust Officers’ Meeting
  • Valuing Goodwill and Intangible Assets, NC Association of CPAs
  • Practical Business Forecasting Application, NC Association of CPAs
  • Financial Forecasting and Management Decisions, NC Association of CPAs
  • Discounts and Premiums in a Business Valuation Environment, NC Association of CPAs
  • Exploring Issues in Valuing Stock Options and Other Assets You Can’t See, NC Association of CPAs
  • Federal Gift Tax Returns and the Adequate Disclosure Regulations, NC Bar Association
  • Advanced Cost of Capital Computations in a Complex World, NC Association of CPAs
  • Research and Analysis: Critical Techniques in a Business Valuation Engagement, NC Association of CPAs
  • Building, Testing, and Using Advanced Forecasting Models, NC Association of CPAs
  • Using Ibbotson Associates Publications in Private Firm Valuations, NC Association of CPAs
  • Using FLPs and LLCs in Estate Planning – Valuation Discounts, National Business Institute – Estate Planning Attorneys and CPAs
  • Valuation of Closely-Held Businesses, Smith, Sapp, Bookhout, Crumpler and Calliham, CPAs
  • Using FLPs and LLCs in Estate Planning in South Carolina – Valuation Discounts, National Business Institute – Estate Planning Attorneys and CPAs
  • Financial Analysis Course: Framework for Complying with SAS 56, Elliott, Davis & Company
  • Standards Update for the CPA Business Appraiser, SC Association of CPAs – Piedmont Chapter

Videos

Business Valuation for Private Companies