James F. Schultz, CPA, CVA, CFF, MAFF


Professional Experience

Professional Experience

As a director at Cendrowski Corporate Advisors, Jim Schultz leads the firm’s Chicago business valuation practice. In this role, he focuses on providing management and consulting services, including business valuations, litigation support, expert witness testimony, and financial advisory services.

Jim brings to the table the perspectives of a consultant and a CFO. He was principal of his own consultancy; he also served as a chief financial officer in public and privately held companies throughout his 40-year career. His experience includes:

  • Performing valuations of companies ranging in size from small business to middle market in myriad industries; for family law purposes; to resolve shareholder disputes; to support litigation; and for estate and gift planning.
  • Brokering and/or consulting on sales of real estate properties, manufacturing, distribution, and service businesses.
  • Analyzing and evaluating operations to determine amounts due defrauded clients during receivership and financial takeover court filings.

His specific valuation expertise encompasses:

  • Estate and gift valuation
  • Sale and purchase of interests in closely held entities
  • Mergers and acquisitions
  • Family law
  • Shareholder disputes
  • Cost allocation for acquisition purposes
  • Fair value analysis
  • Other business/litigation purposes

Education and Certifications

Education and Certifications

  • MSA – Roosevelt University, 1976
  • BA – Michigan State University, 1967
  • Certified Public Accountant (CPA) – Illinois and California
  • Certified Valuation Analyst (CVA)
  • Certified in Financial Forensics (CFF)
  • Master Analyst in Financial Forensics (MAFF)

Memberships and Affiliations

Memberships and Affiliations

  • American Institute of Certified Public Accountants
  • National Association of Certified Valuation Analysts
  • Illinois CPA Society

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