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Dan McConaughy - social

Daniel McConaughy, Ph.D., ASA

Managing Director

15233 Ventura Boulevard
Ninth Floor
Sherman Oaks, California 91403-2250
UNITED STATES

+1 818 325 8418

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Daniel McConaughy is a director in the Crowe Horwath LLP advisory services group. He has a Ph.D. in corporate finance. Daniel specializes in the valuation of closely held firms and financial institutions. He is a finance professor at California State University Northridge, where he teaches corporate finance classes. He also serves at the editor for the Business Valuation Review, published by the American Society of Appraisers.


Daniel has more than 15 years of experience using financial economics, statistics, and instruments to provide:

  • Financial reporting and tax consulting
  • Bankruptcy/insolvency services
  • Economic damage assessments
  • Business valuation services
  • Litigation support


He is an accomplished author and the recipient of numerous awards for his research. His thought leadership has been published extensively in the finance and valuation fields.  

Prior to joining Crowe, Daniel was a partner in the economic analysis, valuation, damage assessment, and expert services practice for Grobstein, Horwath & Company LLP. He has also served as a financial economist for two West Coast-based firms, a professor at multiple universities, and an editor for Journal of Small Business Management.

Client Focus

Services

Experience

Financial Reporting

  • Analysis of the performance and characteristics of family-controlled firms
  • Critique of the valuation of intangible assets and intellectual property for transactions
  • Valuation of bank loan portfolios 
  • Cost of capital analysis
  • Valuation of stock options
  • Valuation of depth and equity securities 

Tax

  • Valued restricted stock and other impaired securities
  • Performed discount studies for tax, estate, and other litigation matters
  • Provided support for tax engagements using original approaches and data analyses for a publicly traded stock
  • Examined controlling interests of similar companies to validate a significant discount on a restricted stock valuation
  • Performed excess compensation analyses for taxpayers and the IRS
  • Valued businesses and closely held stock for estate and gift purposes
  • Performed discount studies of interests in closely-held partnerships, limited liability corporations, and corporations

Consulting

  • Served as an expert for economic analysis and valuation of intellectual property and exotic/impaired securities for litigation, tax, and mergers and acquisitions purposes
  • Provided expert support for matters relating to valuation of businesses and banks in the areas of intangibles, solvency opinions, cost of capital, economic damages, control and marketability discounts, business interruption, executive compensation, labor market matters, National Association of Securities Dealers arbitration, discrimination, option valuation, and restricted stock valuation
  • Analyzed valuation for intellectual property, patents, and trademarks for foreign and domestic companies
  • Published articles on corporate finance, business valuation, cost of capital, marketability discounts, initial public offerings, mergers and acquisitions, restricted stocks, venture capital, executive compensation, performance measurement, and family-owned businesses
  • Provided litigation support for patent and trademark infringement and cases relating to the costs of business interruption and lost profits
  • Performed discount studies, market efficiency studies, and executive compensation analysis

    Professional Affiliations

    • American Society of Appraisers accredited senior appraiser (ASA)
    • Advanced Business Valuation Program Committee chair

    Education

    • Doctor of Philosophy (Ph.D.), Finance
      University of Cincinnati
    • Ph.D. and Master of Arts, Greek/Syriac
      University of Chicago
    • Bachelor of Science, Business Administration
      College of Charleston