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January 07, 2021 | Tom Ballard

PYA lends expertise to another workshop for participants in “Spark Innovation Center”

Two Senior Managers at PYA, the power behind teknovation.biz, were featured presenters in another workshop for the six participating companies in the “Spark Innovation Center” at the University of Tennessee Research Park (UTRP).

The third session in a four-part series, held on Wednesday morning, was focused on “Valuation and Cap Tables” and included Matt Warren and Rob Summerford. The former is a Knoxville-based Senior Manager in PYA’s Valuation Services Group, while Summerford is based in Nashville and is a Senior Manager in Audit and Assurance Services.

John Bruck, Senior Business Advisor for Spark, planned the four-part series and asked PYA to provide content for two sessions. In addition to Wednesday’s two-hour session, a mid-December workshop featured two other PYA content experts. Mike Shamblin, Managing Principal of Audit and Assurance Services, and Steven Ezell, Senior Tax Manager, respectively covered two key areas – prospective financial statements (i.e., forward looking that could be either forecasts or projections) that would be sought by more sophisticated investors and a variety of tax issues including revenue and expense recognition, choice of entity considerations, tax filing requirement, and cash planning.

Pictured here from screenshots captured Wednesday are Warren (left) and Summerford.



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