Lari B. Masten,
MSA, CPA/ABV/CFF, CPVA, CVA, MAFF, ABAR
valuation and practice consulting experience began in the mid-1990s. She is the founder and managing director of Masten Valuation,
LLC and National Business Advisors, LLC. These entities offer comprehensive business valuation, forensic accounting, fraud
investigation and litigation support services for business transactions, shareholder disputes, damages, lost profits, marital
dissolution, financial record reconstruction, financial reporting and tax compliance. She has performed these services for
businesses across the US in a variety of industries including exploration and production of natural
resources, manufacturing and distribution processes, life sciences, personal/professional services, construction, real estate
development and management, and agriculture related service sectors.
Ms. Masten has extensive experience in valuation and business consulting,
and is well respected by her peers throughout the valuation professional community. She has been qualified as an expert witness in both
federal and state district courts and her expert witness testimony has been for cases that have involved business valuation,
damages, lost profits, insolvency, and loss of business value due to shareholder derivative actions, class actions, environmental
remediation, non-performance on distributorship agreements, wrongful conveyance of lease assignments, fraudulent inducement,
marital dissolution, and related matters.
She is currently serving as Chairman of the editorial board for The Value Examiner, a contributing
member of the editorial board to the Journal of Business Valuation and Economic Loss Analysis, and is an officer of the Colorado
NACVA State Chapter. Ms. Masten is also an adjunct professor at the University of Denver, teaching a masters' level capstone
course in the valuation of privately held businesses.
Ms. Masten has written numerous articles relevant to her areas of expertise. She has been an invited
guest speaker for various organizations and conferences on topics salient to the organization's focus that have covered valuation
standards compliance, business valuation fundamentals and advanced topics, litigation, estate planning/wealth retention, marital
dissolution and business valuation case analysis.
Ms. Masten is an instructor for the National Association of Certified Valuators and Analysts' (NACVA)
National Training & Development Team for the CVA designation, which is presented throughout the country approximately
18 weeks per year. She is also an instructor and development team member for the preparation course that provides the foundation
for the Master Analyst in Financial Forensics (MAFF) designation. Ms. Masten has received numerous awards over the years,
including the NACVA Instructor of Exception Distinction honor for each of the past eleven years. In addition, Lari is the
recipient of the Institute of Business Appraisers (IBA) 2011 Best Accredited in Business Appraisal Review Report award as
well as the 2015-2016 NACVA Circle of Light Award, which is the highest distinction awarded to NACVA instructors. Of the many
hundreds of instructors NACVA has had since 1991, the 2015-2016 Circle of Light Award was only the 18th granted. In 2016 Lari
Masten was recognized as one of eighteen Industry Titans: Business Valuation and Financial Forensic Masters by NACVA.
Ms. Masten received a Master of Science in Accounting degree
from Texas Tech University in Lubbock, Texas and is a licensed CPA in the states of Texas and Colorado (CO License#21036; TX License#075774).
She also holds the following credentials:
Accredited in Business Valuation (ABV) from the American Institute of Certified Public Accountants
Certified in Financial Forensics (CFF) from the American Institute
of Certified Public Accountants
Analyst (CVA) from the National Association of Certified Valuators and Analysts
Master Analyst in Financial Forensics (MAFF) from the National Association of Certified Valuators and Analysts
Certified Patent Valuation Analyst (CPVA) by the Business Development Academy
Accredited in Business Appraisal Review (ABAR) from the Institute of
be reached at: 303-229-5517