What is content generally included in a BAC report?
• A common BAC business appraisal report contains the following: • An introduction, including the purpose and use, the standard of value, description of what is being appraised, and limiting conditions. • An economic analysis and industry section. • An analysis and description of the subject business including its history and future prospects. • A financial analysis of the subject company. • A financial forecast including assumptions used. • A discussion of the valuation process and methods used including a detailed explanation of how each method utilized was applied. • A description of any applicable discounts or premiums applied including justification for amounts selected. • A reconciliation of indicated values developed from the various business appraisal methods utilized. • The professional qualifications of the appraiser showing that the appraiser has the qualifications and experience necessary to perform business appraisals. • Exhibits showing historical financial information, p
