Accounting Terms for Business Brokers Tag

GABB Class Aug. 16: Introduction to Accounting Terms and Federal Tax Returns for Business Brokers

To best serve a client, a business broker should be familiar with an array of accounting terms and know how to gather data from a company’s tax return. Sometimes, that’s a daunting task.

CPA Ricky Moore, a shareholder of the firm Forrestall CPAs, will teach an online class — Introduction to Accounting Terms and Federal Tax Returns for Business Brokers — for the GABB that will be tailored to teaching business brokers the basic accounting terms that they might encounter when brokering the sale of a business. The class will also teach attendees how to look at a business’s federal tax returns to obtain information needed when selling the business.

The class will be held online on Tuesday, Aug. 16, 2022, from 2 p.m. until 5 p.m. The class will be eligible for the Georgia Association of Business Brokers’ Board Certified Business Broker credential. Students who attend the class live can earn continuing education credits towards renewing their Georgia real estate license with the Georgia Real Estate Commission.

Register below for the Introduction to Accounting Terms and Federal Tax Returns for Business Brokers class, which is offered through the GABB’s Real Estate School, GREC School Code #8074, Course code 75213.  The class will be $49 for current GABB members and $75 for non-members. If you wish to register for the GABB’s Board Certified Business Broker credential, you may sign up for $225 which includes one class. For more information about the GABB classes, contact Diane Loupe at diane.loupe@gabb.org or text her at 404-374-3990, or contact GABB President Judy Mims at judy@childcare.properties. Please contact Courtney Foley at courtney.foley@gabb.org or 770-744-3639 for all questions about GABB benefits and membership.

Ricky Moore

Instructor Ricky Moore is eminently qualified to teach the class. He has been certified by local court systems and the Small Business Administration (SBA) as a ‘Qualified Source’ for business valuation and was awarded the Accredited in Business Valuation (ABV) credential by the American Institute of Certified Public Accountants (AICPA), one of the most rigorous and prestigious business valuation certifications. Mr. Moore also provides retirement planning services to both individuals and businesses and was awarded the Personal Financial Specialist (PFS) credential by the AICPA and the Qualified 401(k) Administrator (QKA) by the American Society of Pension Professionals & Actuaries (ASPPA), the national standard for all professionals working with 401 (k) retirement plans.

Mr. Moore is the Manager of Advisory Services at Forrestall CPAs. Originally joining the firm as a staff accountant in 2016, Mr. Moore quickly transitioned into advisory services focused on providing more access to a wide range of services that focus on future growth and less on past compliance for both individuals and businesses alike. These advisory services include business valuation of closely held companies, business acquisition/exit strategy, tax & financial planning, Employee-Owned Stock Option (ESOP) retirement plan design, risk management, and other unique consulting engagements designed to specifically provide a solution to specific needs in industries such as transportation, dentistry, health care, food processing, veterinary practices, childcare facilities, and real estate.

Amidst the COVID-19 pandemic, Mr. Moore was the co-host of the Forrestall CPAs COVID-19 Small Business Update webinar series and led a task force that helped the business community receive loan forgiveness on more than $35 million in Paycheck Protection Program (PPP) loans.

To give back to the community, Mr. Moore is a current board member of both the Georgia Lenders Quality Circle (GLQC) and the Hamilton Mill Men’s Golf Association.