Summerford is the only accredited CDBV professional in Alabama
BIRMINGHAM, Ala. (February 26, 2014) – Forensic Strategic Solutions, Inc. announced today that Ralph Q. Summerford, president, has received the Certification in Distressed Business Valuation (CDBV) designation from the Association of Insolvency and Restructuring Advisors (AIRA). Mr. Summerford is the only valuation professional in Alabama to hold the CDBV credential.
To become accredited, Mr. Summerford completed an intensive three-part course of study, comprehensive examination and was thoroughly reviewed by a certification board. This designation is bestowed upon professionals that demonstrate substantial experience in valuing businesses that are in financial distress.
Mr. Summerford is a recognized financial investigator specializing in forensic accounting, business valuation, fraud examination and matters related to fraud and accounting malpractice. Mr. Summerford often testifies as an expert witness in federal and state courts on matters involving complicated financial transactions and serves on the faculty of the Association of Certified Fraud Examiners (ACFE). He is a recipient of the 2010 Cressey Award, the ACFE’s highest honor, which recognizes a lifetime of achievement in the detection and deterrence of fraud.
In addition to the CDBV credential, Mr. Summerford is a Certified Public Accountant (CPA), Certified Fraud Examiner (CFE), Certified Insolvency and Restructuring Advisor (CIRA), Accredited in Business Valuation (ABV) and Certified in Financial Forensics (CFF).
For more information about Forensic Strategic Solutions’ practice areas, including fraud examination, lost profits and damages, litigated business valuation, forensic technology and accounting malpractice, please visit www.forensicstrategic.com.