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Reviewing a business valuation report is different than just reading through it and looking for errors. A good review considers not just the data presented, but also the underlying assumptions, language selection (looking for bias for or against the subject business), and overall structure of the document. We can be asked to review an appraisal report for almost as many different purposes as there are for writing one. You might be handed a report and asked to tell whether the report is any good after a five- or 10-minute page-through. You could be hired to critique an opposing expert’s report in a litigation scenario, or you could simply be asked to help a less-experienced appraiser improve his or her process. In this presentation, I’ll go through these and other scenarios and provide some examples of different types of reviews I’ve seen as well as discuss what we can do to be more helpful in our report reviews. Then, I’ll finish the presentation talking about a variety of things one can identify fairly quickly in a five-to-10-minute page-through to be able to provide a quick answer to the question, “Is this report any good?”
Program Agenda
Overview of business valuation review;
Discussion of some of the various reasons we are asked to review a report;
Examples of different forms of reviews will be shared and discussed;
What goes into a review or, rather, what should we include when we review a report; and
I will also include a few tips on finding some very commonly occurring errors.
Learning Objectives
Participants will learn about different forms of appraisal review;
Participants will learn that proofreading is only one type of review, and not always the most useful type; and
Participants will learn how to provide a useful review of an appraisal report.
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