You may need a valuation for the purchase or sale of a business, for ESOP transactions or succession planning. Estate planning , divorce, litigation support and shareholder planning are a few other reasons you may need a professional valuation.
Valuation requires extensive knowledge of finance, accounting, economics and business.
It also requires working knowledge of recognized valuation methodologies and standards. Only through expert application and interpretation of sound valuation principles can a supportable and credible valuation conclusion be reached. When interviewing potential valuation consultants, be sure to ask about their credentials. Accreditation from these organizations requires extensive valuation experience, rigorous examination and review of valuation reports by a standards committee. These certification processes insure that those holding these credentials meet only the highest standards in the field of valuation.