Clinton W. Davis is the managing shareholder over the damages practice area at Sage Forensic Accounting. He provides assistance in many aspects of both litigious and non-litigious engagements. This assistance has ranged from participating in complex commercial damage calculations to conducting fundamental research in business appraisals. Mr. Davis’s professional experience is summarized below.
Mr. Davis has performed appraisals in both cooperative and contentious environments for over 12 years. He has assisted in calculating the value of closely held companies in diverse industries for many different purposes, including divorce settlements, ownership disputes, tax planning, and other business planning and litigation situations. His extensive business valuation experience has exposed him to complex financial analyses in forensic accounting, economic, and financial matters. These analyses have included evaluating industry and business risk, performing discounted cash flow and income capitalization analysis, distinguishing between minority and majority interests and attributing discounts and premiums accordingly, and valuing operating and non-operating entities. The following is a brief summary of some of the varied businesses for which Mr. Davis has provided valuation assistance:
A vast majority of Mr. Davis’s engagements require forensic accounting. This could include tracing assets or analyzing financial forecasts, historical financial trends, or financial ratios. The following are some of the varied matters in which Mr. Davis has used his forensic accounting expertise to provide assistance:
Many engagements Mr. Davis is involved with require an analysis of economic losses. He has experience with evaluating economic losses due to business interruptions, business destructions, business dissolutions, personal injury, and wrongful death. He has assisted with preparing comprehensive expert reports in these matters to be used in litigation, settlement negotiations, and private consulting. Some of the varied matters in which Mr. Davis has used his expertise to compute and analyze economic damages include:
Mr. Davis regularly assists in engagements for the purpose of reviewing the analysis of other financial experts. His rebuttal analysis experience includes reviewing reports from other financial experts regarding business valuation, forensic accounting, and economic loss. The following are some of the reports Mr. Davis has evaluated and for which he assisted in preparing rebuttal analyses:
Mr. Davis has applied his extensive expertise across a wide range of industries, including:
Mr. Davis has applied his expertise to a wide array of purposes and matters, thanks to the adaptable nature of forensic accounting, valuation, and economic damages principles. Below is a broad overview of the various types of cases and projects he has worked on throughout his career:
Derk has provided professional services for a wide variety of purposes and in a wide variety of matters. This variety is because the foundational principles in forensic accounting, valuation, and economic damages can be appropriately applied in many different situations, the following attempts to broadly summarize the different types of matters he worked on during his career: