SAGINAW, Mich., April 7, 2014 /PRNewswire/ --Yeo & Yeo CPAs & Business Consultants is pleased to announce that Shawn Hyde, CBA, CVA, CMEA, has received the Certified Machinery/Equipment Appraiser (CMEA) designation from the National Equipment and Business Builders Institute (NEBB).
A CMEA has the expertise and training to conduct an independent, third-party machinery and equipment appraisal often sought for business valuations, financing (for lending and leases), tax purposes (estate and gift tax), divorce settlements, SBA loans, insurable value and litigation support. The value of an item is substantiated and reflects the realistic market value of an item.
As a CMEA, Hyde can provide a certified and substantiated appraisal of machinery and equipment for lenders, attorneys, business owners and the IRS. He can accurately estimate the item's fair market value, orderly liquidation value and/or forced liquidation value. The resulting independent Certified Machinery/Equipment Appraisal Report is defensible and withstands scrutiny with courts, lenders, financial institutions, government agencies, buyers, sellers and shareholders.
Hyde, a business valuation manager at Yeo & Yeo, has more than 15 years of valuation and appraisal experience. He is also a Certified Business Appraiser and a Certified Valuation Analyst. He is a member of the Institute of Business Appraisers (IBA), the National Association of Certified Valuators and Analysts (NACVA) and the NEBB Institute. Hyde is editor-in-chief of IBA's nationally distributed professional journal, Business Appraisal Practice. He wrote and taught appraisal courses for the Institute of Business Appraisers and NACVA for nearly ten years and has published several articles.
Yeo & Yeo's Business Valuation & Litigation Support Group is comprised of CPAs (Certified Public Accountants), CVAs (Certified Valuation Analysts) and CFEs (Certified Fraud Examiners) working together to provide a full scope of valuation, litigation support and fraud services for business owners, lenders and attorneys throughout Michigan.
About Yeo & Yeo
Yeo & Yeo (www.yeoandyeo.com) is a leading certified public accounting and consulting firm with over 200 professionals providing audit, tax and strategic planning, valuation and litigation, forensic accounting and technology services from offices throughout Michigan. Other Yeo & Yeo affiliates include Yeo & Yeo Computer Consulting, Affiliated Medical Billing and Yeo & Yeo Financial Services. Yeo & Yeo is a founding member of LEA global.
SOURCE Yeo & Yeo CPAs