Certified Public Accountants
Richard R Cox, CPA/ABV, CVA, BVAL, CFFA
Certified Public Accountant (CPA)
Accredited in Business Valuation (ABV)
Certified Valuation Analyst (CVA)
Business Valuator Accredited in Litigation (BVAL)
Certified Forensic Financial Analyst (CFFA)
PROFESSIONAL
Founder and president of RICHARD R. COX, CERTIFIED PUBLIC ACCOUNTANT, P.A., (established 1977). The firm offers traditional services in accounting and a wide range of management consulting services. As a member of the American Institute of Certified Public Accountants (AICPA) and the North Carolina Association of Certified Public Accountants (NCACPA), the firm's staff maintains the highest standard of quality services. The firm undergoes a quality review conducted by the American Institute of Certified Public Accountants and has consistently received the highest opinion in conforming to professional and quality control standards.
Performing business valuations and litigation support since the mid 80s, Mr. Cox founded and is managing member of BVL Consulting Group. PLLC (established 2000). The group provides forensic and business analysis, valuation services, management assistance and forensic accounting and litigation support for attorneys in marital estate determinations, post separation support, child support and damage/loss of income cases.
PROFESSIONAL ACCREDIDATIONS AND ASSOCIATION
- CPA- Mr. Cox is a Certified Public Accountant (CPA) in the State of North Carolina
- ABV-earned the designation of Accredited in Business Valuation (ABV) awarded by the American Institute of Certified Public Accountants
- CVA- earned the designation of Certified Valuation Analyst (CVA) awarded by the National Association of Certified Valuation Analyst.
- BVAL-earned the designation of Business Valuator Accredited in Litigation (BVAL) awarded by The Institute of Business Appraisers.
- CFFA-earned the designation of Certified Forensic Financial Analyst (CFFA) awarded by the National Association of Certified Valuation Analyst.
These designations signify an advanced level of competence in forensic analyst and business valuation science, combined with ongoing peer review as well as substantial continuing education requirements.
Mr. Cox has been a CPA since 1976 and holds memberships in the Business Valuation and Forensic and Litigation Services Membership Section of the American Institute of Certified Public Accountants (AICPA), The North Carolina Association of CPAs (NCACPA), The National Association of Certified Valuation Analyst (NACVA), and The Institute of Business Appraisers (IBA).
Mr. Cox is an Associate of the American Society of Appraisers (ASA).
PROFESSIONAL COMMITTEE SERVICE
STATE
- Serves on the (North Carolina) NCACPA’s Litigation Services Committee.
- Former chairman of The Management Consulting Services (Business Valuation) Committee of the North Carolina Association of CPAs
- Former Vice-Chair of NCACPA Client Services (Business Valuation and Litigation Support) Committee
- Former Secretary-Treasurer and CPE Director of the Coastal Plains Chapter of the NCACPAs.
- Member of the Planned Giving Professional Advisory Council/Pitt County Memorial Hospital
- Tillman School of Business Advisory Board
NATIONAL
- AICPA Virtual Grassroots Panel (VGP)/ Membership in the AICPA’s Group of 100
- Former member of the American Institute of CPA’s Accredited in Business Valuation (ABV) Examinations Committee
- Former Board member of AICPA’s PCPS-Small Firm Advocacy Committee
- Former Board member of the AICPA’s Management of an Accounting Practice Committee
- Serves on the National Mid Size CPA Firm Network
- Charter member of the AICPA’s Small Size Firm Network
PUBLICATIONS/QUOTATIONS/ SPEAKING ENGAGEMENTS/ AWARDS
- Published articles in The Practicing CPA, and The Practical Accountant, both national publications on practice management issues
- Quoted by Business Week and the Associated Press/ Business Review on valuation and tax matters
- Published in BV Q & A Update, Business Valuation Resources, LLC, national publication
- Spoken to various groups on Business Valuation, Tax Law Updates and CPA Firm Enhancement / Management.
- Presented on behalf of the AICPA to the Mississippi and North Carolina Societies of CPAs
- Keynote speaker to the Annual Convention of the Arkansas Society of CPAs.
- Presented a Practice Management Session at the AICPA Staffing Forum in Denver, Colorado.
- Presented Business Valuation seminars to East Carolina University Business/Accounting Department, ECU Accounting Honor Society and East Carolina Estate Planning Council as well as legal, business and civic groups.
- Facilitator of the National Small Firm Networking Conference of the AICPA, Atlanta, Georgia, December 2002. “Growing Beyond Tax and Accounting/ Business Valuation and Litigation Services in Today’s Environment”.
- Presented to Branch Banking and Trust, North East Region Commercial and Business bankers “Insights into Business Valuation”, September 2005
- Voted “Best CPA” two years by local newspaper survey
- Finalist for “Small Business Leader of the Year” 2003 as recognized by the Pitt-Greenville Chamber of Commerce
- Awarded “2005 Small Business Leader of the Year” as recognized by the Pitt-Greenville Chamber of Commerce
EXPERT WITNESS and GENERAL EXPERIENCE
Accepted as an expert in public accounting, business valuation and forensic accounting and testified in such venues as:
- Family Court
- District Court
- Superior Court
- IRS Examinations
Valuation and Litigation support experience includes:
- Divorce/marital estate issues
- PSS and child support
- Forensic accounting for embezzlement
- Estate and gift tax
- Business damages
- Shareholders’ dispute/liquidation
- Professional liability
- Property loss/ contents
- Loss of income damages
Valued a number of practices and businesses in professions and industries including:
- Medical
- Veterinarian
- Accounting
- Farming and Timber
- Trucking
- Logging
- Restaurants/ owner operator/ franchisee/franchiser
- Intangibles
- Fast food franchisees/franchisers
- Truck and car dealerships
- HVAC construction and service
- Oil and gas distributors
- Plumbing contractors and service
- Residential and commercial construction
- Boat manufacturing and sales
- Publishing and advertising
- Marina and ferry service
- Real estate development
- Manufacturing /retail jewelry and plantings
- Retail clothing companies
- Family limited partnerships consisting of real estate holdings, rental property and securities.
- Investment stock options (ISO) and non-–qualified executive stock options (NQSO) for estates and marital property valuations.
GENERAL EDUCATION
Bachelor of Science Degree in Accounting from East Carolina University
LITIGATION AND VALUATION EDUCATION
- Certificate of Educational Achievement in Business Valuation issued by the American Institute of Certified Public Accountants.
- Certificate of Educational Achievement in Advanced Business Valuations issued by the American Institute of Certified Public Accountants.
- Certificate of Educational Achievement in Divorce Litigation Services issued by The North Carolina Association of CPAs.
The American Society of Appraisers, Market Approach to Business Valuation, November 2007.
The American Society of Appraisers, Income Approach to Business Valuation, October 2007
The American Society of Appraisers, Fundamentals of Business Valuation, October 2007
The American Society of Appraisers, ASA Ethics Exam and USPAP requirements, June 2007
The American Society of Appraisers, Center for Advanced Valuation Studies, “Real Options and the Value of Uncertainty”, February 23, 2007
The National Association of Certified Valuation Analyst, Certified Forensic Financial Analyst, “Cutting Edge Issues in Matrimonial Litigation”, September 14, 2006
The National Association of Certified Valuation Analyst, Certified Forensic Financial Analyst, “Forensic Accounting in Matrimonial Cases”, September 13, 2006
The National Association of Certified Valuation Analyst, Certified Forensic Financial Analyst, “Valuation/Appraisals and Taxation Issues Unique to Matrimonial Engagements”, September 12, 2006
The National Association of Certified Valuation Analyst, “Matrimonial Litigation and Practice Management Issues”, September 11, 2006
The Institute of Business Appraisers, “Critiquing Business Valuation Reports”, March 6-7, 2006
The North Carolina Association of CPAs “Updated 2005 Financial Guide to Divorce in North Carolina”, November 7, 2005
The North Carolina Association of CPAs “Updated 2005 Business Valuation in Divorce in North Carolina”, November 7, 2005
American Institute of CPAs “Valuation for Succession Planning”, July 14, 2005
The North Carolina Association of CPAs “Financial Guide to Divorce in North Carolina”, November 1, 2004
The North Carolina Association of CPAs “Business Valuation in Divorce in North Carolina”, November 1, 2004
The Florida Society of CPAs “Advanced Business Valuation Case Review”, October 27-28, 2004
The Institute of Business Appraisers, “Developing Expert Witness Skills & Expert Testimony Workshop for the Senior Appraiser”, August 23-27, 2004
American Institute of Certified Public Accountants, “The New Ethic Environment for Valuation and Litigation Practitioners”, June 30, 2004
Business Valuation Resources, “Critical Issues in Divorce Valuation”, March 23, 2004
AICPA 2003 National Business Valuation Conference, November 2003
The National Association of Certified Valuation Analyst, “Current Update in Valuations”, October 2002
The National Association of Certified Valuation Analyst, “Quality Enhancement Program/Recertification for 2002-2005”, October 2002
The Institute of Business Appraisers, Inc. / Masters Class”The Nuances of Appraising Interest in Family Limited Partnerships/Master Class”, May 4, 2002
The Institute of Business Appraisers, Inc. “IBA National Business Valuation Conference”, May 5-7, 2002
The Institute of Business Appraisers, Inc. “Litigation Support and Advanced Business Valuation Tracks” May 5-7, 2002
The National Association of Certified Valuation Analyst “Advanced Topics in Business Valuation”, June 22, 2001
The American Institute of CPAs “National Conference of Business Valuators”, July 10-15. 2001
The North Carolina Association of CPAs “MBA in a Day; Valuation Issues”, December 12, 2001
The National Association of Certified Valuation Analyst “Shannon Pratt’s Judges and Lawyers Business Valuation Seminar”, August 27-28, 2000
NY Society of CPA’s, Foundation for Accounting Education “Advanced Business Valuation Review/Valuing Medical and Professional Practices”, October 4-5, 1999
The National Association of Certified Valuation Analyst, “North Carolina 1999 Tri-Annual NACVA Valuation Conference” August 27-29, 1999
The North Carolina Association of CPAs “Financial Guide to Divorce in North Carolina”, October 8, 1999
The North Carolina Association of CPAs “Business Valuation in Divorce in North Carolina”, October 7, 1999
The North Carolina Association of CPAs “Retirement Plan Valuations”, December 2, 1999
The National Association of Certified Valuation Analyst “Court Room Skills for Expert Witness”, November 19-20, 1998
NY Society of CPA’s, Foundation for Accounting Education “Advanced Business Valuation Review”, October 27-28, 1997
Since 1996, previous years of business valuation education in various National, State and Local courses.
