Boston area accountant receives specialty designation from flagship accounting organization.

Paul Bardaro, CPA, a partner with the Malden accounting and business advisory firm Rucci, Bardaro & Barrett, PC, has received his accreditation in business valuation (ABV) from the American Institute of Certified Public Accountants, the flagship organization for CPAs in the U.S.

The credential is one of only two specialty designations offered by the organization to its 330,000 members.

The ABV is conferred upon CPAs who have demonstrated the skill, education and experience to conduct the complex processes of business valuation at a high level. Recent calls in the U.S. for greater corporate accountability and more transparent financial reporting have generated a strong demand for credentialed business appraisers.

“Today’s financial markets and users of financial information are struggling to obtain the most relevant, most reliable information available so that they can make better business decisions,” said Bardaro. “Here at RBB, we’ve fortified our valuation and litigation support practice by adding national expertise to our staff, and by sharpening our skills through specialized accreditation programs like the ABV.”

Business valuation has become an increasingly common tool for business owners as a way to maximize the value and minimize the risk of complex business transactions. The process is now an integral part of most mergers or acquisitions, IPOs, reorganizations, divestitures, buy/sell agreements and succession planning.

Business valuation also plays a key role in financial reporting for regulatory purposes, and in a broad range of litigation matters including shareholder disputes and divorce.

Founded in 1987, Rucci, Bardaro & Barrett provides business, tax and financial planning consultation and services to individuals and to companies in an array of industries. The firm is the Boston-area affiliate of Russell Bedford International, an international accountancy network of member firms in more than 50 countries.

For more information about Rucci, Bardaro & Barrett, please visit www.rb-b.com.