Can I use management accounts (i.e. MYOB) for the appraisal?
A. We can use the management figures but prefer to use audited figures prepared by your account. The reason for this is to ensure that we are using the same figures that a buyer will be using when conducting a due diligence. Management figures can often be incorrect and adjustments are still yet to be made. The last thing we want to happen is to set any doubt in a buyers mind as to the legitimacy of the accounts.
