E. N. Kemp & Associates, Inc. was formed in 1982 to provide financial
and investment consulting services. For more than thirty years,
the firm’s president has assisted numerous clients with various
financial plans and problems, developing considerable expertise in certain
specialized areas of professional practice.
For a few years, E. N. Kemp & Associates provided business valuations on an exclusive
basis for clients of two of Honolulu’s respected CPA firms. Those exclusive arrangements
were terminated several years ago. Business valuations and valuation consulting services
are now offered directly to clients of all CPA firms, to clients of numerous law firms
and bank trust departments, and directly to business owners and others needing those
services. During the last few years, several hundred business valuations have been
completed. Valuation reports were prepared for estate and gift transfers, purchases and
sales of business interests, employee stock ownership plans, divorce, and various other
purposes. The size of business interests valued has ranged from minority interests in small
partnerships to controlling interests in large corporations with subsidiary companies.
E. N. Kemp & Associates offers a wide range of valuation consulting
services. For example, valuation consulting services have been provided
during the formation, expansion, sale and dissolution of corporations
and other business entities. The president of E. N. Kemp & Associates
is one of only a few CPA’s in Hawaii to hold the significant designation
for CPA’s specializing in business valuation and valuation consulting
services, ABV (Accredited in Business Valuation). The president also
holds the designation of ASA (Accredited Senior Appraiser) from the American Society of Appraisers, CBA (Certified Business Appraiser) from the
Institute of Business Appraisers and the designation of CFF (Certified in Financial Forensics) from the American Institute of CPAs.
Business consulting and litigation support are important elements in the overall scope of
services offered by E. N. Kemp & Associates. The president was recently requested by
the court to exercise financial control over three corporations during divorce litigation.
Other examples of consulting and support services include: testimony in family court as
expert witness on values of businesses involved in divorce proceedings; expert testimony
in federal court in a lawsuit against the City & County of Honolulu, depositions and
the preparation of testimony as expert witness in two large leasehold conversion cases;
consulting services to attorney and client involved in litigation concerning buy out of
minority shareholder interest; consulting services on behalf of parent in the establishment
of amount of child support payments; and consulting services to attorney and client
involved in litigation concerning medical malpractice.