Michelle M. Brower

Michelle M. Brower

Director

Stout
Michigan, U.S.A.

tel: +1 248 432 1213
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Local Time: Sun. 21:11

Profile
Michelle Brower is a Director in the Valuation Advisory group. She specializes in the valuation of business enterprises, working capital assets/liabilities, and intangible assets for both financial and tax reporting purposes. In addition, she has provided valuation and litigation advisory services for numerous other purposes, including corporate strategic planning, estate and gift taxation, Employee Stock Ownership Plans, Subchapter C to Subchapter S conversions, purchase and sale advisement, stock options, valuation discounts and other tax, corporate and litigation related matters.

Michelle has significant experience in a wide range of industries and co-leads Stout’s Business Services practice. Michelle has also provided valuation services for several international clients and has experience completing large-scale legal entity valuations for global companies as part of corporate tax restructurings as well as executing financial reporting engagements under US GAAP, IFRS, and other international accounting standards.

Michelle has presented continuing education seminars on the subject of business valuation for financial reporting purposes and authored numerous publications as well. Further, Michelle is co-chair of Stout’s Women’s Resource Group and is an active supporter of inForum (a professional women’s group in Michigan) and the Michigan Women’s Tax Association.

Education

B.A., Albion College, Economics & Management, Summa Cum Laude
Areas of Practice

Intellectual Property Valuation | Valuation & Financial Opinions | Valuations for Corporate Tax Planning | Valuations for Financial Reporting

Professional Career

Networks

    CFA Society of Detroit
    InForum Corporate Sponsor
    CFA Institute
    Michigan Women's Tax Association

LICENSES & DESIGNATIONS:
Chartered Financial Analyst
Certified in Entity and Intangible Valuations (CEIV)


Seminars

Ms. Brower has presented continuing education seminars on the subject of business valuation for financial reporting purposes.

"Implementation Issues with FAS 157 - Fair Value Accounting,” presented at the MACPA Mergers & Acquisitions Forum, Novi, MI, June 17, 2009

"Deconstructing 141R, Practical Valuation Guidance in the Context of SFAS 141R and SFAS 157," presented at the MACPA Mega Conference, Sterling Heights, MI, May 20, 2009

"The Difference Between Business Valuation and Real Estate Valuation," presented at the International Right-of-Way Association's Chapter 7 2008 Fall Conference, Traverse City, September 25, 2008

"Business Combinations: Revision to SFAS 141," presented at the Annual Current Accounting Issues Conferences, Troy, Michigan, June 17, 2008

"Asset Impairments," presented at the MACPA West Michigan Accounting & Auditing Symposium, Grand Rapids, Michigan, May 20, 2008

"Business Combinations: Revision to SFAS 141," presented at the Annual Current Accounting Issues Conferences, Lansing, Michigan, May 15, 2008

"Asset Impairments," presented at the Fall Accounting Conference, Troy, Michigan, October 17, 2007

Articles

"Purchase Price Allocation Procedures: Financial Reporting, Tax Reporting, and Valuation Analyses, Oh My!," The SRR Journal, Spring 2012

"Tax Reporting: 10 Issues to Consider when Valuing a Legal Entity,"The SRR Journal, Spring 2011

"Debt Restructuring Poses Various Income Tax Challenges and Valuation Considerations," The SRR Journal, Spring 2010

"Bridging the Fair Value Gap between IFRS and U.S. GAAP," The SRR Journal, Spring 2009

"SFAS 141(R) - A Valuation Close-up on the New Acquisition Accounting Rules,"The SRR Journal, Fall 2008

"The Next Generation of Purchase Price Allocations," The SRR Journal, Spring 2008

"Measuring Up to the FASB's New Fair Value Pronouncement," 2007

"Unveiling the FASB's Latest Proposal Regarding Intangible Assets," 2006

"International Cost of Equity: Bringing the Pie out of the Sky," The SRR Journal, Fall 2004