LITIGATION SUPPORT & BUSINESS VALUATION

PROFESSIONAL QUALIFICATIONS

Robert A. Bonavito, CPA, MBA, PFS, CVA, ABV, CFE, CFF

EXPERIENCE

Managing Partner of Robert A. Bonavito, CPA, A Professional Corporation, accounting and consulting firm specializing in business valuation and litigation support services. Valuation experience includes a variety of assignments including closely-held businesses, professional practices and thinly traded public companies. Industries include but are not limited to security, automotive, funeral homes, health care, retail, manufacturing, service and professional business establishments. Assignments have included the valuation of stock options and various types of intangible assets.

Business valuation and litigation support services have been rendered for a variety of purposes including family law matters, business damages, buy-sell agreements, shareholder litigation, estate and gift tax matters, buying and selling businesses, malpractice litigation, wrongful death, wrongful termination, and breach of contract. Litigation representations includes plaintiff, defendant and court-appointed.

• Court Testimony/Criminal and Civil. Qualified as an expert witness in State and Federal Courts of New Jersey, Pennsylvania, and Federal District Court of Newark, New Jersey. Has performed extensive services relating to court testimony. Has provided testimony in arbitration cases before the New York Stock Exchange, criminal asset seizures, Conscientious Employee Act (CEPA), as well as other forms of mediation and arbitration.

• Court Appearances. Has appeared in the following courts: New Jersey – Morris, Sussex, Bergen, Middlesex, Monmouth, Essex, Hunterdon, Hudson, Union, Somerset, and Federal District Court of Newark, New Jersey.

• Court Appointments. Has been court appointed in Union, Hunterdon, Somerset, Monmouth, Middlesex and Bergen counties.

• Mutual Expert. Regularly serves as a mutually-agreed upon expert.

• Areas of Expertise. Alternative dispute resolution, taxation, damage assessment and liability analysis, business valuation, divorce and domestic relations, professional liability, forensic accounting and fraud investigation, valuation analysis, criminal asset seizure, employee theft and fraud.

PROFESSIONAL DESIGNATIONS

• CPA: Certified Public Accountant, Licensed in New Jersey, 1987.
• PFS: Personal Financial Specialist, 1995.
• CVA: Certified Valuation Analyst, 1996.
• ABV: Accredited in Business Valuation designated by the American Institute of Certified Public Accountants, 2004.
• ASA: Associate of American Society of Appraisers, 2006.
• CFE: Certified Fraud Examiner, 2007.
• CFF: Certified in Financial Forensics, 2008.

EDUCATION

• Masters of Business Administration. Fairleigh Dickinson University, Madison, New Jersey, 1992.

• Bachelor of Science, Business Administration/Accounting. Montclair State University, Montclair, New Jersey, 1984.

APPRAISAL AND LITIGATION EDUCATION

• All Day Tax and Valuation Seminar. North Branch, New Jersey, NJSCPA Continuing Professional Education, 1999.

• Surgent’s Annual Tax Planning Guide for S Corporations. Roseland, New Jersey, NJSCPA Continuing Professional Education, 1999.

• Valuation Ethics, Standards & Reporting. Salt Lake City, Utah, National Association of Certified Valuation Analysts, 1999.

• Fair Value & Marketability Discounts. Iselin, New Jersey, NJSCPA Continuing Professional Education, 1999.

• Personal Financial Planning Conference. Iselin, New Jersey, NJSCPA Continuing Professional Education, 1999.

• The New IRS & Your Practice Strategic Briefing. Roseland, New Jersey, NJSCPA Continuing Professional Education, 1999.

• Current Developments in Law: Expert Witness Testimony. Roseland, New Jersey, NJSCPA Continuing Professional Education, 1999.

• Taxation-Valuation. Saddle Brook, New Jersey, Center for Professional Education, 2000.

• How to Facilitate Strategic Planning. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2000.

• The Forensic Accountant’s Involvement with Personal Injury Claims. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2000.

• Pertinent Aspects of the Daubert Decision. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2001.

• Valuation Issues in Divorce Settlings. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2001.

• Case Analysis by Phone. Salt Lake City, Utah, National Association of Certified Valuation Analysts, 2001.

• Discounts. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2002.

• New Jersey Business Accounting and Technology Show. Secaucus, New Jersey, NJSCPA Continuing Professional Education, 2002.

• Leadership Day. Iselin, New Jersey, NJSCPA Continuing Professional Education, 2002.

• What Forensic Accountants Need to Know About Oppression. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2002.

• Matrimonial Litigation Matters. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2002.

• Valuations of S Corporations. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2002.

• Trial Techniques Every Lawyer Should Know. Atlantic City, New Jersey, New Jersey Institute for Continuing Legal Education, 2002.

• Standards of Value. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2003.

• What CPA’s Involved in Litigation Support Should Know. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2003.

• 15 Hour National USPAP Course. Secaucus, New Jersey, The Appraisal Foundation, 2004.

• Expert Testimony. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2004.

• National Business Valuation Conference. Orlando, Florida, American Institute of Certified Public Accountants, 2004.

• Divorce Conference. Iselin, New Jersey, NJSCPA Continuing Professional Education, 2005.

• Business Valuations and Damage Modeling in Determining. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2005.

• New Jersey Business Accounting and Technology Show. Secaucus, New Jersey, NJSCPA Continuing Professional Education, 2005.

• Valuation of a Medical Practice. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2005.

• Excel Valuation Budgeting Techniques. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2005.

• Transaction Method-Business Broker Method vs. Current. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2005.

• Litigation Support/Valuation Services Conference. West Orange, New Jersey, NJSCPA Continuing Professional Education, 2005.

• National Business Valuation Conference. Las Vegas, Nevada, American Institute of Certified Public Accountants and American Society of Appraisers, 2005.

• Standard of Value Revisited. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2005.

• Cost of Capital Update. Iselin, New Jersey, NJSCPA Continuing Professional Education, 2006.

• Forensic Accounting in Valuation Engagements. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2006.

• Divorce Conference. Iselin, New Jersey, NJSCPA Education Foundation, 2006.

• National Conference on Fraud and Litigation Services. Las Vegas, Nevada, American Institute of Certified Public Accountants, 2006.

• Investigating Check Fraud. Las Vegas, Nevada, American Institute of Certified Public Accountants, 2006.

• Civil and Criminal Liability in Performing Fraud Investigations. Las Vegas, Nevada, American Institute of Certified Public Accountants, 2006.

• Anti-Money Laundering Compliance Programs. Las Vegas, Nevada, American Institute of Certified Public Accountants, 2006.

• Fraud Risk Assessment. Las Vegas, Nevada, American Institute of Certified Public Accountants, 2006.

• Government Fraud and Corruption. Las Vegas, Nevada, American Institute of Certified Public Accountants, 2006.

• Surveillance and Security in the Gaming Industry. Las Vegas, Nevada, American Institute of Certified Public Accountants, 2006.

• Litigation Support/Valuation Services Conference. Edison, New Jersey, NJSCPA Education Foundation, 2006.

• ATLA-NJ Education Seminar. Atlantic City, New Jersey, Association of Trial Lawyers of America-New Jersey Educational Foundation, 2007

• Litigation Support/Damages Conference. Woodbridge, New Jersey, NJSCPA Education Foundation, 2007

• ATLA-NJ Education Seminar. Atlantic City, New Jersey, Association of Trial Lawyers of America-New Jersey Educational Foundation, 2008

LECTURER

• ABC’s of Valuation. New Brunswick, New Jersey, New Jersey Institute for Continuing Legal Education, 2002.

• Brown v. Brown: The Most Important Equitable Distribution Decision Since Painter. Roseland, New Jersey, New Jersey Institute for Continuing Legal Education, 2002.

• Litigation Services and Business Valuation. Roseland, New Jersey, New Jersey Institute for Continuing Legal Education, 2002.

• Business Valuation Conference. Iselin, New Jersey, NJSCPA Continuing Professional Education, 2003.

• Forensic Accounting. Scotch Plains, New Jersey, Union County Magnet High School, 2004.

• Transaction Method – Business Broker Method vs. Current Valuation Methodology. Roseland, New Jersey, NJSCPA Valuation & Litigation Services Interest Group, 2005.

• Forensic Accounting. Scotch Plains, New Jersey, Union County Magnet High School, 2005.

• Economic Damages. Roseland, New Jersey, NJSCPA Continuing Professional Education, 2006.

• How to Effectively Testify on Economic Damages. Ernst & Young, Iselin, New Jersey, Litigation Support and Forensic Accounting Interest Group, 2007.

INSTRUCTOR

• How to Value Your Business. Westfield, New Jersey, Robert A. Bonavito, CPA P.C., 2001.

• Case Analysis. National Association of Certified Valuation Analysts, 2003.

• Union County College. Cranford, New Jersey, Adjunct Professor advanced accounting and finance courses.

• Ask the Expert. Newspaper column, Forbes Newspaper.

ORGANIZATIONS

• New Jersey Society of Certified Public Accountants

• American Institute of Certified Public Accountants

• The Institute of Business Appraisers

• National Association of Certified Valuation Analysts

• The Venture Association of New Jersey

• American Society of Appraisers

• Association of Certified Fraud Examiners

COMMITTEE SERVICE

• Retired Chairman of the Litigation Services Committee for the New Jersey Society of Certified Public Accountants.

• Retired Director of the Union County Chapter of Certified Public Accountants.

• Retired Chairman of the Forensic Directory for the New Jersey Society of Certified Public Accountants.

• Conference Committee for the New Jersey Society of Certified Public Accountants.

• New Jersey Society of Certified Public Accountants Matrimonial Committee.

• New Jersey Society of Certified Public Accountants Litigation Support Committee.