This electronically delivered self-instructional program is designated for 2 hours of CE credit by Farran Media.
The fee to view this course is $36. This cost includes the fee to take the exam and claim your CE credits.
The fee to view the entire series is $225. There is an additional fee of $225 to take all exams and claim CE credits for this series.
This presentation is designed to educate the prospective buyer on how to approach the financial due diligence aspect of buying a dental practice. You will learn what information you need to look at, how to piece the information together and how to analyze that information to formulate an offer. You will also learn some of the other aspects of the purchase process so you will be prepared when you locate a practice you want to purchase. Recorded Live at Townie Meeting 2014!
Description of Speaker:
Tim Lott is a CPA (Certified Public Accountant) and a CVA (Certified Valuation Analyst) as a Partner with Naden/Lean, LLC, a Professional services and CPA firm with a specific concentration in the dental industry. He has worked with dental professionals for 30 years. In addition to traditional CPA services, he advises his clients on practice performance, practice transitions, business finances, personal finances, budgeting and planning. He is the main contributor to the award-winning Dental CPA Blog, which is popular with dentists across the country. During the past 10 years Lott has increased his focus on buyer representation. On almost any given day he is involved in more than a dozen practice transitions (on behalf of buyers) all over the country.
Upon completion of this course, participants should be able to achieve the following:
- What information they'll need to properly evaluate the opportunity
- How to assess the asking price
- How to assess the performance of the practice
- How to identify the strengths & weakness of the practice and how that impacts price
The speaker declares that neither he nor any member of her family have a financial arrangement or affiliation with any corporate organization offering financial support or grant monies for this continuing dental education program. he does declare that he does have a financial interest in being an accountant to dental professionals.
|Farran Media is an ADA CERP Recognized Provider.|
ADA CERP is a service of the American Dental Association to assist dental professionals in identifying quality providers of continuing dental education. ADA CERP does not approve or endorse individual courses or instructors, nor does it imply acceptance of credit hours by boards of dentistry.
|This activity meets the educational criteria required for verifiable Continuing Professional Development under the General Dental Council Lifelong Learning scheme and represents 2 hours of verifiable CPD.|
The CE provider (Farran Media) uses reasonable care in selecting and
providing content that is accurate. The CE provider, however, does not
independently verify the content or materials. The CE provider does not
represent that the instructional materials are error-free or that the content
or materials are comprehensive. Any opinions expressed in the materials are
those of the author of the materials and not the CE provider. Completing one or
more continuing education courses does not provide sufficient information to
qualify the participant as an expert in the field related to the course topic
or in any specific technique or procedure. The instructional materials are
intended to supplement, but are not a substitute for, the knowledge, expertise,
skill and judgment of a trained health care professional.
Continuing education credits issued for completion of online CE courses may not apply toward
license renewal in all licensing jurisdictions. It is the responsibility of each registrant
to verify the CE requirements of his/her licensing or regulatory agency.
to see a list of computer requirements before taking the course.
State CE Requirements:
for CE requirements by state. Please note that this information is current as of the time of listing. This information is subject to change at any time from the state boards. For the most up-to-date information, please contact your state board directly.
There are no refunds for Online CE courses. Please contact technical support if you run into technical difficulty.
For any questions, please contact Howard Goldstein, DMD, Director of Continuing Education