Mike Dotson is a director in the Chicago office and part of the Machinery and Equipment valuation service line. Mike's primary responsibilities include valuing machinery and equipment (fixed assets) for financial and tax reporting including ASC 350, 360, 805 and 820 (formerly SFAS 142, 144, 141R, and 157), Sarbanes-Oxley compliance, IFRS conversion, leasing disputes, bankruptcy/liquidation studies, fresh start accounting, joint venture funding, asset based lending/financing, federal income tax (IRC 861/864), FIRPTA and insurance for various types of businesses.
Mike has managed and performed valuation, inventory and reconciliation analyses of tangible assets for more than 12 years. He has been involved in a wide array of valuation, corporate transaction and sophisticated advisory projects across a myriad of industries, including aluminum, automotive, chemical, consumer products, food, healthcare/pharmaceuticals, paper, sports and entertainment, telecommunications, transportation and utilities. Specialty industries that Mike has significant experience include amusement/theme parks, metals, plastics, packaging/printing and railroads. Mike has been involved with valuation of both domestic and international business assets, with personal experience visiting facilities in Australia, Canada, China, France, Germany, Hong Kong, Ireland, Malaysia, Mexico, the Netherlands, Singapore, Spain, Switzerland and 34 of the United States.
Mike joined Duff & Phelps in conjunction with the merger of Standard & Poor’s Corporate Value Consulting (CVC) with Duff & Phelps. CVC was formerly PricewaterhouseCoopers LLC's valuation group, and Mike joined shortly after its sale to Standard & Poor’s. Prior to joining CVC, Mike spent time working for the Machinery & Equipment valuation groups at Arthur Andersen, Stout Risius Ross and Deloitte & Touche.
Mike received his B.S. in industrial engineering from the University of Illinois at Urbana/Champaign. In addition, Mike has completed the American Society of Appraisers (ASA) – coursework (ME201-204) and is working towards his accreditation as an ASA (Accredited Senior Appraiser) in the Machinery & Technical Specialties (MTS) discipline.