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The only tangible result of the valuation process, appraisal reports are frequently subject to scrutiny and attack, not all of which are accurately substantiated. In this webinar BVR welcomes attorney Paul Hood and appraiser Tim Lee, co-authors of "A Reviewer's Handbook to Business Valuation," for a look at these controversial issues and how appraisers can best prepare themselves and their reports. Through a consideration of both questionable omissions and inclusions, Hood and Lee will reveal what courts – and appellate courts – have said about appraisal reports and the both questionable and common errors they contain.
Program Agenda
Errors of commission and omission
According to business valuation standards
According to tax court cases
Critical areas of consideration for BV practitioners
From an engagement perspective
From a methodological application perspective
Proactive and reactive recommendations and best practices, respectively, to prevent or address mistakes in business valuations
Learning Objectives
Learn common mistakes and/or shortcomings in business valuations and how they are viewed in court
Learn how such mistakes can be avoided or addressed
Understand how both business appraisers and attorneys view these errors and how these perspectives may vary
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