JACLYN BURKET FRANKS, MBA, ASA-BV, ABV, CFE
114 W Lewis Street
Conroe, Texas 77301
Summary
I specialize in financial and valuation issues related to law disputes. I have provided litigation support services for over a decade as a consulting and testifying expert, involving forensic analysis; business valuation for estate and gift tax planning such as Family Limited Partnerships; mergers and acquisitions; ESOP valuation; family law business valuation issues; appraisals of tangible and intangible assets for buy/sell agreements; special issue damages; bankruptcy and reorganization; and lender liability. Valuation industry experience includes: construction, energy, out-source service companies, healthcare, manufacturing, professional practices and service groups. Subject companies across the United States and Latin America. I have fifteen years of experience with the medical services industry, international construction companies, government contractors and Alaska Native Corporations. I have developed and implemented sophisticated financial management strategies, organizational strategic goals, policies and procedures both in the financial and general operational realms; managed a comprehensive array of services at corporate level to maintain compliance with state and federal licensure and regulations; and directed financial turn-arounds, re-staffing and coordination between corporate offices and jobsites.
EXPERIENCE
Valuation Fraud & Forensics, LLC
Managing Director 2019 – Present
Baker Tilly Virchow Krause, LLP
Director 2018
MRZ/SKY Valuation, LLC (merged with Baker Tilly Virchow Krause, LLP)
Director 2016 – 2018
Karlins, Ramey & Tompkins, LLC (merged with MRZ/SKY Valuation, LLC)
Senior Manager 2015 – 2016
Briggs & Veselka Co., PC
Manager 2013 – 2015
The McClure Firm
Senior Valuation Analyst 2008 – 2013
Brainwaves Neuroimaging Clinic
Chief Operations Officer 2003-2008
The Amen Clinics
Business Development and Marketing 2000-2003
Ahtna Government Services
Executive Assistant 1998-2000
EDUCATION
University of Phoenix, Arizona
MBA in Business Administration 2010
University of Phoenix, Arizona
B.S. in Business Administration 2005
University of Alaska, Anchorage
Undergraduate Program 1999
EXPERT WITNESS EXPERIENCES
- Civil Court Testimony – Family & Business Litigation
- Business Appraisal (Valuation) & Goodwill
- Characterization & Tracing
- Inception of Title
- Fraud Examinations
- Damages
- Mediation & Depositions
- Harris County, Texas
- Montgomery County, Texas
LICENSES, DESIGNATIONS & POST SPECIALTY STUDIES
Post specialty studies (including but not limited to): business appraisal, characterization & tracing, collaborative law, real estate appraisal, real estate brokerage, business sales & acquisitions, fraud examination, forensic accounting, taxation.
ORGANIZATIONS, ASSOCIATIONS & MEMBERSHIPS
- American Society of Appraisers, Member
- American Society of Appraisers, Accredited Senior Appraiser – Business Valuation (ASA-BV)
- Association of Certified Fraud Examiners, CFE Members (CFE)
- American Society of Appraisers, 2019 Election Committee
- American Society of Appraisers, Houston Chapter, Energy Valuation Conference Committee Member (2014-2017)
- American Society of Appraisers, Business Valuation Marketing Committee Member
- American Society of Appraisers, Business Valuation Committee Member
- American Society of Appraisers, Advanced Business Valuation Conference Committee Member (2017)
- Collaborative Divorce Texas, Member
LANGUAGES
- English – native language
- Spanish – speak, comprehend, read and write with high proficiency
ARTICLES/SPEAKING ENGAGEMENTS/MEDIA
Co-Speaker, Inventories/Proposed Property Division, 33rd Annual Marriage Dissolution Institute, San Antonio, Texas, 2010
Co-Speaker, 10 Things to Consider When Going Through a Divorce, Briggs & Veselka, Houston, Texas, 2014
Author/Co-Speaker, Working with Valuation & Financial Experts in Litigation, Montgomery County Law Day, Conroe, Texas, 2015
Author, Business Valuation 101: 3 Questions to Ask Yourself, Houston Business Journal, June 17-23, 2016
Valuation Industry Experience
Healthcare
Anesthesiology
Cardiology
Compounding Pharmacies
Dentistry (cosmetic & non-cosmetic)
Diagnostic Imaging Facilities
Family Medicine/PCP
Home Healthcare
Internal Medicine
Medical Supplies & Equipment Sales
Neurology
Opthalmology
Optometry
Orthopedics
Pediatrics
Podiatry
Psychiatry
Psychology
Pulmonology
Energy
Blending Stations
Trucking
Drilling
Downhole Technology
Environmental Waste & Remediation
Web-based Electricity Marketing Platforms
Transportation
Aviation
Trucking (long-haul and local)
Logistics
Technology
Business System Development
Cell Phone Sales
Circuit Manufacturing
IT Companies
Investing/Banking
Financial Planning Firms
Holding Companies
Private Investment Firms
Automotive
Automotive Repair
Auto Auction Companies
Golf Cart Sales
Other Goods & Services
Convenience Stores
Event Planning/Reception Halls
Grocery Stores
Hardware Sales (Ace Hardware)
Insurance Companies
Law Firms
Restaurants
Breweries & Bars
Tailor/Dry Cleaning
Talent/Placement Agencies
Manufacturing
Cloth Manufacturing
Machine Shops
Metal Heat Treating
Pipe/Fitting Companies
Plastics
Construction
Architectural
Contractors
Electrical
Home Builders
Landscaping
Roofing
Paving/Striping
Restoration & Remodeling
Water Utility Construction & Management
Pipe Threading
Heat Treating
Blasting & Painting
Continuing Education Completed
(partial list)
2013 American Society of Appraisers Advanced Business Valuation Conference – Strategic Insights, October 14, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Healthcare Reform and the Impacts on Appraisal Practice, October 14, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – How Much is Enough? Determining Adequate Capital in M&A Transactions, Bankruptcy and Litigation, October 14, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Business Valuation Committee Update, October 14, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – New Development in Cost of Capital, October 14, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Appraisal Foundation Update, October 14, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – The Secret Lives of Master Negotiators: To Bid or Not to Bid, That is the Question, October 14, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – State of the Economy: US Macro Overview, October 15, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Financial Instruments, October 15, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Panel: Understanding What Auditors/Valuation Review Teams Require in Fair Value Appraisals, October 15, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Expert Witness Skills: Tips and Techniques to Defend your Position, October 15, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Finally Final! The 2013 AICPA Cheap Stock Guide – What are the Implications?, October 15, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Valuing Sports Franchises and Related Media Assets, October 15, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Hot Topics in Business Valuation, October 16, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – Oil and Gas Reserves: From Rock to Bank, October 16, 2013.
2013 American Society of Appraisers Advanced Business Valuation Conference – What’s New with Control Premiums, October 16, 2013.
Business Valuation Resources, LLC – Market-Derived Patent Data: What Data is Important and How Does It Impact Value?, December 19, 2013.
Business Valuation Resources, LLC - Valuing Hotels, January 30, 2014.
Business Valuation Resources, LLC – Report & Testimony for Litigation & Deposition, February 14, 2014.
Consultant’s Training Institute – New Cost of Capital Data Sources, February 24, 2014.
American Society of Appraisers – The Appraiser as an Expert Witness, March 31, 2014.
Briggs & Veselka, Co. – Understanding & Mitigating Fiduciary Responsibility – The DOLs Perspective, April 7, 2014.
American Society of Appraisers – Valuation of Healthcare Tangible Personal Property (FF&E), May 8, 2014.
Career WebSchool Texas - 2014-2015 7-Hour USPAP, June 14, 2014.
CCH – Compilation and Review Engagements: Prepare for Big Change, July 7, 2014.
American Institute of CPAs – Valuation of Ambulatory Surgery Centers, July 8, 2014.
American Society of Appraisers – Valuation of Healthcare Real Estate & Real Property, August 14, 2014.
Briggs & Veselka, Co. - 10 Things to Consider When Going Through a Divorce, August 19, 2014 (presenter).
American Society of Appraisers – Valuation of Healthcare Intangible Assets and Intellectual Property, September 25, 2014.
Brayn Consulting – R&D Tax Incentives Workshop, January 27, 2015.
American Society of Appraisers – Business Valuation of Healthcare Enterprises and Services (and Interests Therein), January 22, 2015.
Association of Certified Fraud Examiners – CFE Exam Prep Course, March 1, 2015.
Thomson Reuters – Checkpoint: Customizing Checkpoint to Work for You, May 11, 2015.
Thomson Reuters – Checkpoint Functionality, June 8, 2015.
American Society of Appraisers – BV134WEB – BVC Ask the Experts – An Update for the AICPA Private Equity/Venture Capital Task Force, June 8, 2015.
Oxford Risk Management Group – Captive Insurance Planning, June 17, 2015.
Association of Certified Fraud Examiners – Fraud Related Internal Controls, August 25, 2015.
CPA Associates International, Inc. – Business Valuations & Litigation Services Telephone Roundtable, September 30, 2015.
Karlins Ramey & Tompkins, LLC – 2015 Workstream & Leadership Training, November 20, 2015.
42nd Annual Advanced Family Law Course, August 1 through August 4, 2016.
Association of Certified Fraud Examiners – Five Fraud Magazine CPE Quizzes, January 31, 2017.
Association of Certified Fraud Examiners – Analyzing Bank Records, March 16, 2017.
American Society of Appraisers – Valuation Issues for Divorce Engagements, March 22, 2017.
Allinial Global – Leadership 4 #1 (2017-2018), Las Vegas, NV, June 12-14, 2017.
Allinial Global – Leadership 4 #2 (2017-2018), Baltimore, MD, November 8-10, 2017.
Baker Tilly Virchow Krause, LLP – Independence Common and Current Items – 2018, November 8, 2018.
Baker Tilly Virchow Krause, LLC – Baker Tilly Technology – Business Management & Organization, November 7, 2018.
Allinial Global – Leadership 4 #3 (2017-2018), Chicago, IL, May 9 – 11, 2018.
Champions School of Real Estate, Law of Agency, March 30, 2018.