Understanding the Difference Between Calculation vs. Valuation Engagements

Hertzbach’s Robert Cantor, CPA, CVA, CFE has been published in the Daily Record of Maryland, explaining the difference between calculation and valuation engagements, two different methods to determine the value of a business and how this differentiation may be essential for companies to better serve their clients. To read the full article visit:


Mr. Cantor joined Hertzbach in 2009 and is currently a manager at the firm. Mr. Cantor performs business valuations for closely-held operating and asset-holding companies in a wide variety of industries for transactional, estate and gift planning, divorce and legal purposes. He also participates in the calculation of economic damages and performs forensic accounting services for both criminal and civil matters in addition to providing expert witness testimony. His areas of concentration and expertise include business valuations, litigation consulting, and forensic and fraud services.

For more information or questions, feel free to email Robert at rcantor@hertzbach.com.