Business Valuation
What’s it really worth?
What is the value of a privately held business or business interest? What about an intangible asset? Or a specific financial instrument like an option, warrant, convertible debt, preferred stock, or other complex security?
When appropriate, our valuations comply with the applicable standards promulgated by the American Institute of Certified Public Accountants, the Appraised Foundation, and the American Society of Appraisers.
Our team of dedicated valuation professionals has the highest and most respected valuation credentials in the industry including:
- Accredited in Business Valuations (ABV)
- Accredited Senior Appraisers (ASA)
- Certified Valuation Analysts (CVA)
We work with attorneys, auditors, and business owners and their management teams on a regular basis assisting them with valuation matters involving:
- Bankruptcy
- Buy-sell agreements
- Commercial litigation
- Complex securities
- Estate and gift tax planning and reporting
- Fair value estimates
- Goodwill impairment (ASC 350)
- Income tax planning and reporting
- Marital dissolution
- Purchase price allocation (ASC 805)
- Purchase/sale of businesses or business interests
- Shareholder agreements
- Shareholder disputes
- Stock options issued as compensation (ASC 718/505-50 & IRC 409A)
Our goal is to provide an integrated solution by working closely with our clients’ legal, financial, and accounting advisors. Whatever your purpose, you’ll find our depth of knowledge, quality, and integrity will serve you well.
Our Professionals
















Peter Smith, CVA
Principal, Forensic, Advisory and Valuation Services
Miami
Peter Smith joined Kaufman Rossin in 2010. He is a principal in the forensic, advisory and valuation services department and is a business valuation practice leader serving clients across the United States and Internationally. He has extensive experience performing valuations of businesses, business…
Tamara Crespo, CVA
Senior Manager, Forensic, Advisory and Valuation Services
Miami
Tamara Crespo joined Kaufman Rossin in 2010 and is a manager in the forensic, advisory and valuation services department. She provides a variety of litigation consulting services in the areas of economic damages, business valuation, lost profits and damages, matrimonial matters and other forensic ac…
Charnele Ramphal
Director, Valuation Services
Miami
Charnele Ramphal joined Kaufman Rossin in 2011 and is a director in the forensic, advisory and valuation services department. Her valuation expertise includes deal advisory, financial reporting, tax advisory, mergers and acquisitions, corporate strategy, tax compliance and planning, equities/debt, o…
Steven Berwick, CVA, CITP, CPA, CFF
Principal, Forensic, Advisory and Valuation Services
Miami
Steven M. Berwick joined Kaufman Rossin in 1974 and serves as a principal in the firm's audit and litigation practices. He has extensive experience in lost profit calculations, commercial damage models, professional malpractice matters, and expert witness testimony. He has testified in over 50 c…
Byron M. Brown, CPA, CFF, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
Byron M. Brown joined Kaufman Rossin in 2010 and is a principal in our Forensic, Advisory and Valuation Services department. Byron’s experience includes providing forensic investigatory and dispute related services including managing fraud investigations, advising and executing on the exercise of …
Michael Crain, CPA, ABV, CFA, CFE
Senior Advisor, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Dr. Michael Crain is a senior advisor in Kaufman Rossin’s forensic, advisory and valuation services department.
He is currently the director of Florida Atlantic University’s Center for Forensic Accounting and has taught at FAU beginning in 2008. At Kaufman Rossin, he consults with clients and …
José Cúneo, CPA, CFF, CVA, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
José Cúneo joined Kaufman Rossin in 2012 and is a principal in the Forensic, Advisory and Valuation Services department. José performs forensic investigations of public, private, government and non-profit entities. His practice includes preparation of prospective financial information; lost profi…
Michael P. Elkin, CPA, CFF, ABV, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
Michael Elkin serves as a Principal in the firm's forensic, advisory, and valuation services practice. For more than 30 years, he has provided business consulting, forensic accounting, litigation consulting, and expert witness testimony in the areas of financial investigations, economic damages,…
Edward Gannon, MBA, ASA, MAFF
Principal, Forensic, Advisory and Valuation Services
Miami
As one of Kaufman Rossin’s litigation consulting specialists, Edward provides expert testimony and assistance at trials, mediations, arbitrations, depositions, and throughout the discovery process. For more than 20 years, Ed has counseled attorneys on the financial aspects of their cases, inc…
Patrick Gannon, CPA, CFF, CVA, ABV
Principal, Forensic, Advisory and Valuation Services
Miami
Patrick Gannon focuses on forensic accounting and valuation matters in the dispute arena; additionally, he often leads internal and external financial and fraud investigations, ranging from FCPA investigations to Ponzi scheme analyses. Pat has worked directly with regulators, including the Securitie…
Melinda Mergelsberg, CPA, CVA
Principal, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Melinda Mergelsberg is a Principal in Kaufman Rossin's Forensic, Advisory and Valuation Services practice. Melinda joined the firm in 2013, with significant prior experience in tax and accounting. She uses this knowledge to provide litigation support and forensic accounting services …
Adam Rabinowitz, CPA, CFF, CVA, CFE
Practice Leader, Forensic, Advisory and Valuation Services
Miami
Adam co-leads Kaufman Rossin's Forensic, Advisory and Valuation Services practice.
Adam is a forensic accounting professional with more than 15 years of experience in providing expert witness and litigation consulting services related to:
- economic damages,
- business val…
James J. Reto, CPA, CFF, ABV
Principal, Forensic, Advisory and Valuation Services
Miami
James J. Reto is a leader in Kaufman Rossin’s forensic, advisory and valuation services practice. He provides business valuation and forensic accounting services for commercial litigation and family law matters. Jim has provided expert testimony and assistance at trials, mediations, and arbitratio…
Eliot Schellenberg, CPA, CVA
Principal, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Eliot Schellenberg has been with Kaufman Rossin since 2010 and is a Principal in the forensic, advisory, and valuation department. He provides forensic and accounting services to clients throughout South Florida relating to family law matters and has provided expert witness testimony in Broward…
Robert A. Stone, CPA, ABV, CFF
Principal, Senior Client Services
Miami
For more than four decades, Robert A. Stone has helped wealthy clients and entrepreneurs manage complex problems and capitalize on opportunities. His practice is grounded in audit, accounting, and tax services. He counsels clients on estate and trust planning, and mergers and acquisitions.
When p…
Marcela Varela, CVA, CDFA®
Associate Principal, Forensic, Advisory and Valuation Services
Miami
Marcela Varela is an associate principal and director in Kaufman Rossin’s forensic, advisory and valuation services practice where she leads family law engagements. She works with clients on the preparation of financial affidavits, child support guideline calculations, lifestyle analyses and asset…
















Peter Smith, CVA
Principal, Forensic, Advisory and Valuation Services
Miami
Peter Smith joined Kaufman Rossin in 2010. He is a principal in the forensic, advisory and valuation services department and is a business valuation practice leader serving clients across the United States and Internationally. He has extensive experience performing valuations of businesses, business…
Tamara Crespo, CVA
Senior Manager, Forensic, Advisory and Valuation Services
Miami
Tamara Crespo joined Kaufman Rossin in 2010 and is a manager in the forensic, advisory and valuation services department. She provides a variety of litigation consulting services in the areas of economic damages, business valuation, lost profits and damages, matrimonial matters and other forensic ac…
Charnele Ramphal
Director, Valuation Services
Miami
Charnele Ramphal joined Kaufman Rossin in 2011 and is a director in the forensic, advisory and valuation services department. Her valuation expertise includes deal advisory, financial reporting, tax advisory, mergers and acquisitions, corporate strategy, tax compliance and planning, equities/debt, o…
Steven Berwick, CVA, CITP, CPA, CFF
Principal, Forensic, Advisory and Valuation Services
Miami
Steven M. Berwick joined Kaufman Rossin in 1974 and serves as a principal in the firm's audit and litigation practices. He has extensive experience in lost profit calculations, commercial damage models, professional malpractice matters, and expert witness testimony. He has testified in over 50 c…
Byron M. Brown, CPA, CFF, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
Byron M. Brown joined Kaufman Rossin in 2010 and is a principal in our Forensic, Advisory and Valuation Services department. Byron’s experience includes providing forensic investigatory and dispute related services including managing fraud investigations, advising and executing on the exercise of …
Michael Crain, CPA, ABV, CFA, CFE
Senior Advisor, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Dr. Michael Crain is a senior advisor in Kaufman Rossin’s forensic, advisory and valuation services department.
He is currently the director of Florida Atlantic University’s Center for Forensic Accounting and has taught at FAU beginning in 2008. At Kaufman Rossin, he consults with clients and …
José Cúneo, CPA, CFF, CVA, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
José Cúneo joined Kaufman Rossin in 2012 and is a principal in the Forensic, Advisory and Valuation Services department. José performs forensic investigations of public, private, government and non-profit entities. His practice includes preparation of prospective financial information; lost profi…
Michael P. Elkin, CPA, CFF, ABV, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
Michael Elkin serves as a Principal in the firm's forensic, advisory, and valuation services practice. For more than 30 years, he has provided business consulting, forensic accounting, litigation consulting, and expert witness testimony in the areas of financial investigations, economic damages,…
Edward Gannon, MBA, ASA, MAFF
Principal, Forensic, Advisory and Valuation Services
Miami
As one of Kaufman Rossin’s litigation consulting specialists, Edward provides expert testimony and assistance at trials, mediations, arbitrations, depositions, and throughout the discovery process. For more than 20 years, Ed has counseled attorneys on the financial aspects of their cases, inc…
Patrick Gannon, CPA, CFF, CVA, ABV
Principal, Forensic, Advisory and Valuation Services
Miami
Patrick Gannon focuses on forensic accounting and valuation matters in the dispute arena; additionally, he often leads internal and external financial and fraud investigations, ranging from FCPA investigations to Ponzi scheme analyses. Pat has worked directly with regulators, including the Securitie…
Melinda Mergelsberg, CPA, CVA
Principal, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Melinda Mergelsberg is a Principal in Kaufman Rossin's Forensic, Advisory and Valuation Services practice. Melinda joined the firm in 2013, with significant prior experience in tax and accounting. She uses this knowledge to provide litigation support and forensic accounting services …
Adam Rabinowitz, CPA, CFF, CVA, CFE
Practice Leader, Forensic, Advisory and Valuation Services
Miami
Adam co-leads Kaufman Rossin's Forensic, Advisory and Valuation Services practice.
Adam is a forensic accounting professional with more than 15 years of experience in providing expert witness and litigation consulting services related to:
- economic damages,
- business val…
James J. Reto, CPA, CFF, ABV
Principal, Forensic, Advisory and Valuation Services
Miami
James J. Reto is a leader in Kaufman Rossin’s forensic, advisory and valuation services practice. He provides business valuation and forensic accounting services for commercial litigation and family law matters. Jim has provided expert testimony and assistance at trials, mediations, and arbitratio…
Eliot Schellenberg, CPA, CVA
Principal, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Eliot Schellenberg has been with Kaufman Rossin since 2010 and is a Principal in the forensic, advisory, and valuation department. He provides forensic and accounting services to clients throughout South Florida relating to family law matters and has provided expert witness testimony in Broward…
Robert A. Stone, CPA, ABV, CFF
Principal, Senior Client Services
Miami
For more than four decades, Robert A. Stone has helped wealthy clients and entrepreneurs manage complex problems and capitalize on opportunities. His practice is grounded in audit, accounting, and tax services. He counsels clients on estate and trust planning, and mergers and acquisitions.
When p…
Marcela Varela, CVA, CDFA®
Associate Principal, Forensic, Advisory and Valuation Services
Miami
Marcela Varela is an associate principal and director in Kaufman Rossin’s forensic, advisory and valuation services practice where she leads family law engagements. She works with clients on the preparation of financial affidavits, child support guideline calculations, lifestyle analyses and asset…
















Peter Smith, CVA
Principal, Forensic, Advisory and Valuation Services
Miami
Peter Smith joined Kaufman Rossin in 2010. He is a principal in the forensic, advisory and valuation services department and is a business valuation practice leader serving clients across the United States and Internationally. He has extensive experience performing valuations of businesses, business…
Tamara Crespo, CVA
Senior Manager, Forensic, Advisory and Valuation Services
Miami
Tamara Crespo joined Kaufman Rossin in 2010 and is a manager in the forensic, advisory and valuation services department. She provides a variety of litigation consulting services in the areas of economic damages, business valuation, lost profits and damages, matrimonial matters and other forensic ac…
Charnele Ramphal
Director, Valuation Services
Miami
Charnele Ramphal joined Kaufman Rossin in 2011 and is a director in the forensic, advisory and valuation services department. Her valuation expertise includes deal advisory, financial reporting, tax advisory, mergers and acquisitions, corporate strategy, tax compliance and planning, equities/debt, o…
Steven Berwick, CVA, CITP, CPA, CFF
Principal, Forensic, Advisory and Valuation Services
Miami
Steven M. Berwick joined Kaufman Rossin in 1974 and serves as a principal in the firm's audit and litigation practices. He has extensive experience in lost profit calculations, commercial damage models, professional malpractice matters, and expert witness testimony. He has testified in over 50 c…
Byron M. Brown, CPA, CFF, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
Byron M. Brown joined Kaufman Rossin in 2010 and is a principal in our Forensic, Advisory and Valuation Services department. Byron’s experience includes providing forensic investigatory and dispute related services including managing fraud investigations, advising and executing on the exercise of …
Michael Crain, CPA, ABV, CFA, CFE
Senior Advisor, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Dr. Michael Crain is a senior advisor in Kaufman Rossin’s forensic, advisory and valuation services department.
He is currently the director of Florida Atlantic University’s Center for Forensic Accounting and has taught at FAU beginning in 2008. At Kaufman Rossin, he consults with clients and …
José Cúneo, CPA, CFF, CVA, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
José Cúneo joined Kaufman Rossin in 2012 and is a principal in the Forensic, Advisory and Valuation Services department. José performs forensic investigations of public, private, government and non-profit entities. His practice includes preparation of prospective financial information; lost profi…
Michael P. Elkin, CPA, CFF, ABV, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
Michael Elkin serves as a Principal in the firm's forensic, advisory, and valuation services practice. For more than 30 years, he has provided business consulting, forensic accounting, litigation consulting, and expert witness testimony in the areas of financial investigations, economic damages,…
Edward Gannon, MBA, ASA, MAFF
Principal, Forensic, Advisory and Valuation Services
Miami
As one of Kaufman Rossin’s litigation consulting specialists, Edward provides expert testimony and assistance at trials, mediations, arbitrations, depositions, and throughout the discovery process. For more than 20 years, Ed has counseled attorneys on the financial aspects of their cases, inc…
Patrick Gannon, CPA, CFF, CVA, ABV
Principal, Forensic, Advisory and Valuation Services
Miami
Patrick Gannon focuses on forensic accounting and valuation matters in the dispute arena; additionally, he often leads internal and external financial and fraud investigations, ranging from FCPA investigations to Ponzi scheme analyses. Pat has worked directly with regulators, including the Securitie…
Melinda Mergelsberg, CPA, CVA
Principal, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Melinda Mergelsberg is a Principal in Kaufman Rossin's Forensic, Advisory and Valuation Services practice. Melinda joined the firm in 2013, with significant prior experience in tax and accounting. She uses this knowledge to provide litigation support and forensic accounting services …
Adam Rabinowitz, CPA, CFF, CVA, CFE
Practice Leader, Forensic, Advisory and Valuation Services
Miami
Adam co-leads Kaufman Rossin's Forensic, Advisory and Valuation Services practice.
Adam is a forensic accounting professional with more than 15 years of experience in providing expert witness and litigation consulting services related to:
- economic damages,
- business val…
James J. Reto, CPA, CFF, ABV
Principal, Forensic, Advisory and Valuation Services
Miami
James J. Reto is a leader in Kaufman Rossin’s forensic, advisory and valuation services practice. He provides business valuation and forensic accounting services for commercial litigation and family law matters. Jim has provided expert testimony and assistance at trials, mediations, and arbitratio…
Eliot Schellenberg, CPA, CVA
Principal, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Eliot Schellenberg has been with Kaufman Rossin since 2010 and is a Principal in the forensic, advisory, and valuation department. He provides forensic and accounting services to clients throughout South Florida relating to family law matters and has provided expert witness testimony in Broward…
Robert A. Stone, CPA, ABV, CFF
Principal, Senior Client Services
Miami
For more than four decades, Robert A. Stone has helped wealthy clients and entrepreneurs manage complex problems and capitalize on opportunities. His practice is grounded in audit, accounting, and tax services. He counsels clients on estate and trust planning, and mergers and acquisitions.
When p…
Marcela Varela, CVA, CDFA®
Associate Principal, Forensic, Advisory and Valuation Services
Miami
Marcela Varela is an associate principal and director in Kaufman Rossin’s forensic, advisory and valuation services practice where she leads family law engagements. She works with clients on the preparation of financial affidavits, child support guideline calculations, lifestyle analyses and asset…
















Peter Smith, CVA
Principal, Forensic, Advisory and Valuation Services
Miami
Peter Smith joined Kaufman Rossin in 2010. He is a principal in the forensic, advisory and valuation services department and is a business valuation practice leader serving clients across the United States and Internationally. He has extensive experience performing valuations of businesses, business…
Tamara Crespo, CVA
Senior Manager, Forensic, Advisory and Valuation Services
Miami
Tamara Crespo joined Kaufman Rossin in 2010 and is a manager in the forensic, advisory and valuation services department. She provides a variety of litigation consulting services in the areas of economic damages, business valuation, lost profits and damages, matrimonial matters and other forensic ac…
Charnele Ramphal
Director, Valuation Services
Miami
Charnele Ramphal joined Kaufman Rossin in 2011 and is a director in the forensic, advisory and valuation services department. Her valuation expertise includes deal advisory, financial reporting, tax advisory, mergers and acquisitions, corporate strategy, tax compliance and planning, equities/debt, o…
Steven Berwick, CVA, CITP, CPA, CFF
Principal, Forensic, Advisory and Valuation Services
Miami
Steven M. Berwick joined Kaufman Rossin in 1974 and serves as a principal in the firm's audit and litigation practices. He has extensive experience in lost profit calculations, commercial damage models, professional malpractice matters, and expert witness testimony. He has testified in over 50 c…
Byron M. Brown, CPA, CFF, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
Byron M. Brown joined Kaufman Rossin in 2010 and is a principal in our Forensic, Advisory and Valuation Services department. Byron’s experience includes providing forensic investigatory and dispute related services including managing fraud investigations, advising and executing on the exercise of …
Michael Crain, CPA, ABV, CFA, CFE
Senior Advisor, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Dr. Michael Crain is a senior advisor in Kaufman Rossin’s forensic, advisory and valuation services department.
He is currently the director of Florida Atlantic University’s Center for Forensic Accounting and has taught at FAU beginning in 2008. At Kaufman Rossin, he consults with clients and …
José Cúneo, CPA, CFF, CVA, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
José Cúneo joined Kaufman Rossin in 2012 and is a principal in the Forensic, Advisory and Valuation Services department. José performs forensic investigations of public, private, government and non-profit entities. His practice includes preparation of prospective financial information; lost profi…
Michael P. Elkin, CPA, CFF, ABV, CFE
Principal, Forensic, Advisory and Valuation Services
Miami
Michael Elkin serves as a Principal in the firm's forensic, advisory, and valuation services practice. For more than 30 years, he has provided business consulting, forensic accounting, litigation consulting, and expert witness testimony in the areas of financial investigations, economic damages,…
Edward Gannon, MBA, ASA, MAFF
Principal, Forensic, Advisory and Valuation Services
Miami
As one of Kaufman Rossin’s litigation consulting specialists, Edward provides expert testimony and assistance at trials, mediations, arbitrations, depositions, and throughout the discovery process. For more than 20 years, Ed has counseled attorneys on the financial aspects of their cases, inc…
Patrick Gannon, CPA, CFF, CVA, ABV
Principal, Forensic, Advisory and Valuation Services
Miami
Patrick Gannon focuses on forensic accounting and valuation matters in the dispute arena; additionally, he often leads internal and external financial and fraud investigations, ranging from FCPA investigations to Ponzi scheme analyses. Pat has worked directly with regulators, including the Securitie…
Melinda Mergelsberg, CPA, CVA
Principal, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Melinda Mergelsberg is a Principal in Kaufman Rossin's Forensic, Advisory and Valuation Services practice. Melinda joined the firm in 2013, with significant prior experience in tax and accounting. She uses this knowledge to provide litigation support and forensic accounting services …
Adam Rabinowitz, CPA, CFF, CVA, CFE
Practice Leader, Forensic, Advisory and Valuation Services
Miami
Adam co-leads Kaufman Rossin's Forensic, Advisory and Valuation Services practice.
Adam is a forensic accounting professional with more than 15 years of experience in providing expert witness and litigation consulting services related to:
- economic damages,
- business val…
James J. Reto, CPA, CFF, ABV
Principal, Forensic, Advisory and Valuation Services
Miami
James J. Reto is a leader in Kaufman Rossin’s forensic, advisory and valuation services practice. He provides business valuation and forensic accounting services for commercial litigation and family law matters. Jim has provided expert testimony and assistance at trials, mediations, and arbitratio…
Eliot Schellenberg, CPA, CVA
Principal, Forensic, Advisory and Valuation Services
Ft. Lauderdale
Eliot Schellenberg has been with Kaufman Rossin since 2010 and is a Principal in the forensic, advisory, and valuation department. He provides forensic and accounting services to clients throughout South Florida relating to family law matters and has provided expert witness testimony in Broward…
Robert A. Stone, CPA, ABV, CFF
Principal, Senior Client Services
Miami
For more than four decades, Robert A. Stone has helped wealthy clients and entrepreneurs manage complex problems and capitalize on opportunities. His practice is grounded in audit, accounting, and tax services. He counsels clients on estate and trust planning, and mergers and acquisitions.
When p…
Marcela Varela, CVA, CDFA®
Associate Principal, Forensic, Advisory and Valuation Services
Miami
Marcela Varela is an associate principal and director in Kaufman Rossin’s forensic, advisory and valuation services practice where she leads family law engagements. She works with clients on the preparation of financial affidavits, child support guideline calculations, lifestyle analyses and asset…
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