David Larsen will be speaking at 14.15
in the Working
session - Valuation: changed guidelines in volatile markets

Mr. Larsen has over twenty-five years of transaction experience and has advised numerous strategic and private equity acquirers in all areas of mergers, acquisitions, joint ventures, and divestitures.

Prior to joining Duff & Phelps’ Corporate Finance Consulting group, Mr. Larsen was a Partner in KPMG LLP’s Transaction Services practice, where he was the segment leader of KPMG’s US Institutional Investor practice. He served 13 years in KPMG’s Seattle, Washington; Düsseldorf, Germany; and Prague, Czech Republic audit practices prior to moving full time to deal work.

Mr. Larsen is a special advisor to the Institutional Limited Partners Association. He is a Board Member, project manager and technical advisor to the Private Equity Industry Guidelines Group and was instrumental in developing and drafting the PEIGG Valuation and Reporting Guidelines. Mr. Larsen is a Member of FASB’s Valuation Resource Group responsible for providing the Board with input on potential clarifying guidance on issues relating to the application of the principles of FASB Statement No. 157, Fair Value Measurements. He is a Board Member of the International Private Equity and Venture Capital Valuations Board (IPEV). IPEV released international Private Equity Guidelines in 2005 and will be updating those guidelines in 2008/9. Mr. Larsen is a Member of the AICPA Net Asset Value (NAV) and AICPA Pooled Investments Task Forces. He served as a panelist in the U.S. Securities and Exchange Commission’s mark-to-market accounting roundtable.

Mr. Larsen has M.S. in Accounting from the Brigham Young University, Marriott School, a B.S. in Accounting from the Brigham Young University, and is a Certified Public Accountant (CPA) - Licensed in the States of California and Washington. He is a member of the American Institute of Certified Public Accountants and of the California and Washington Society of Certified Public Accountants.