What are the different types of valuation reports available to a client?
SVG can tailor the scope of its services, along with the scope of the report, to meet the client’s needs and fee range. First, let’s address scope of SERVICES. In order for us to reach an opinion of value, we must perform a variety of complex steps. These include an analysis of the industry, obtaining a thorough understanding of the business and its financial statements, and using every appropriate method that exists to value the company. By performing all of these steps, we satisfy the requirements for delivering an APPRAISAL. If we choose to omit certain steps from the analysis, then the scope of our services is reduced to something less than an appraisal, i.e., we are not as confident in our value indications. And depending on how many steps we don’t perform, our comfort in the value indication can range from quite good, i.e. a “Limited Scope Appraisal,” to very low i.e., a mere Calculation. An example of a limited scope appraisal would include one in which all steps in the appraisa
