{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Why CSRPs Aren't a Catch-All","description":"There is no universally accepted formula for measuring company-specific risk, yet the treatment of that risk can have a significant effect on a valuation conclusion. In this episode, Alex Partin and Josh Shilts examine the company-specific risk premium and consider where the economic effects of subject company risk belong in a valuation. The conversation explores how risk may be reflected through different valuation inputs, the assumptions underlying common approaches, and the importance of connecting identified risks to supportable conclusions.  Key topics include: Reflecting risk in cash flows, discount rates, or other inputs Applying diversification and CAPM Avoiding unsupported or duplicate risk adjustments Linking company facts to defensible conclusions Continue reading to learn about key resources available at AICPA-CIMA.com to improve your valuation analyses Guest:  Josh Shilts, CPA\/ABV\/CFF\/CGMA, Forensic & Valuation Services Director, Dean Dorton Host:  Alex Partin, CPA\/ABV, Mueller & Partin, PS ---------------------------------------------------------------------------------------------------------------------------------------- Thanks for listening. We'd welcome your feedback at https:\/\/www.aicpa-cima.com\/podcastsurvey or contact us directly at podcast@aicpa-cima.com. ------------------------------------------------------------------------------------------------------------------------------------------  If you\u2019re using a podcast app that does not hyperlink to the resources, please visit our podcast platform to access the show notes with direct links.  RESOURCES FOR FURTHER EXPLORATION Webcast, 11\/17\/2026:  Company-Specific Risk: Incorporating and Assessing Cash Flow Assumptions with Roger Grabowski and Anthony Pumphrey 2026 Forensic and Valuation Services Conference, Nov. 4-6, 2026 - Beyond the technical sessions, conferences can offer something just as important\u2014the opportunity to connect with peers, share experiences, and hear how others are approaching similar challenges in their work.  Early bird savings through Sept 20 plus additional savings for AICPA members and ABV\/CFF\/CVFI holders Join:  The FVS Engage365 Member Community to collaborate with fellow AICPA\u00ae members, exchange ideas, and shape the future of the profession together. Early career guidance:  Welcome to a career in forensic and valuation services AICPA Business Valuation School , Dec. 7-11, 2026 - Learn valuation essentials and build a solid foundation to gain the confidence to apply valuation techniques and establish a solid foundation in valuation knowledge before performing high-stakes valuations.   FVS Section resources Cost of capital: bridging theory and practice in a changing economy | webcast companion Developing discount rates for fair value reporting | FVS webcast archive Discount Rates, Risks, and Uncertainty in Economic Damages Calculations | FVS Practice Aid Click here to join the AICPA FVS Section An active community of FVS peers. You will get 16 credits of complimentary CPE and access to exclusivetechnical content FVS Valuation Podcast archives: Grabowski\u2019s Take - Discount Rates, Risk, and the Future of Valuation IVS Updates Explained: AI, Valuation Ranges & Quality Control Valuing Startups in a Shifting Economy Supporting Company Specific Risk and Reconciliation under ASC 805 Company Specific Risk Premium LEARN MORE ABOUT THE FOLLOWING AICPA CREDENTIALS: Accredited in Business Valuation (ABV\u00ae) \u2013 Visit the home page and check out the ABV infographic Certified in the Valuation of Financial Instruments (CVFI\u00ae) \u2013 Visit the home page and check out the CVFI infographic Certified in Financial Forensics (CFF\u00ae) - Visit the home page and check out the CFF infographic ---------------------------------------------------------------------------------------- This is a podcast from AICPA & CIMA (https:\/\/www.aicpa-cima.com). Enjoy more conversations from our global community of accounting and finance professionals by exploring our network of free shows at www.aicpa-cima.com\/podcast.       ","author_name":"The FVS Valuation Podcast","author_url":"https:\/\/fvssection.libsyn.com\/fvs","html":"