Business valuations vary in length, depth of coverage and content according to the degree of assurance required. To meet our client’s needs, we provide three types of valuations:
Our Comprehensive valuation provides our clients with an unambiguous opinion of value for their business, business interest or security. It is supported by all procedures that the appraiser deems to be relevant to the valuation and follows the standards established by the Appraisal Foundation in its Uniform Standards of Professional Appraisal Practice (USPAP), and the standards of the Institute of Business Appraisers (IBA). Comprehensive Valuations are generally used for court purposes where the information provided becomes evidence, and is therefore subject to scrutiny and criticism from opposing counsel. This report is mandatory for all valuations conducted for purposes of tax, ESOP and litigation support.
Report length: 60 - 80 pages
Limited Valuation
Limited Valuations are appropriate for internal use only. They are generally used for purposes such as: sale or acquisition of a business interest, business planning and estate planning. Limited Valuations exclude non-essential information that is required in a Comprehensive Valuation. Limited Valuations are restricted to the stated purpose of the valuation in accordance with Uniform Standards of Professional Appraisal Practice (USPAP) standards due to the limited description of non-essential information included in the report.
Report length: 30 - 50 pages
Valuation Critique
A Valuation Critique Report determines what is correct, incorrect, missing and/or misinterpreted in an opposing valuation expert’s report. The Valuation Critique can be either limited to specific issues or take the form of an overall opinion as to whether the report being critiqued is in fact reasonable, and if not, the likely range of possible monetary error. It is often useful for a lawyer to have a critique report to justify his or her reliance on a valuation report prepared by the opposing side.
Report length: Depends on the scope of the project
