Valuation Articles

What is Value

Valuers commonly use the term “fair market value”. Often this is abbreviated to “market value”. These terms are generally synonymous and are generally defined in similar terms to those adopted in the international glossary which defines

Art vs Science

Historically, there was considerable debate as to whether share valuations were an art or a science. Proponents of the former school claimed that share valuations were possibly the most subjective aspect of a professional accountant’s or merchant

Value to Owner

Often, in matters of dispute including in particular Family Law proceedings, the value to be determined is the “value to owner” of the relevant asset. In many, if not most, cases the value to the owner is the same as market value. There will be a

Issues Faced by a Valuer

Typically, these issues may include: The business has either never been valued or not for a long period. The owners almost certainly have a distorted view of value. The business tends to be heavily reliant on one or two of the shareholders. The owners

Issues in Family Business Valuation

Frequently, chartered accountants are called on by their clients or from an outside referral, to undertake a valuation of either a business or the shares in a company that operates a business. But it is not that easy.The majority of clients of small to