Do you need valuation services?
If you own a business, want to protect your wealth, or determine how much an asset is worth, you will at some point need valuation services. It may be to:
-
Sell your business at a price commensurate with it value
-
Provide a lender with financial statements for a business loan
-
Plan for a merger, acquisition or stock offering
-
Develop an estate or tax plan to protect your wealth
-
Create a succession plan
-
Determine the value of assets and liabilities for a divorce settlement
-
Assist attorneys in litigation
-
File an insurance claim
-
Set up an Employee Stock Ownership Plan (ESOP)
How should I select a valuation professional?
You want an expert whose training and experience enable him or her to apply an appropriate methodology and derive a value that is both reasonable and supportable. You also want someone who has a thorough understanding of the financial and operational aspects of your business.
The AICPA (American Institute of Certified Public Accountants) has developed the Accredited in Business Valuation program for CPAs. Those who earn this credential must be and AICPA member, hold a valid CPA certificate or license, demonstrate substantial experience in business valuation, pass a rigorous business valuation exam and demonstrate a history of continuing education (ABV recertification is required every three years).
Why should you select Sharrard, McGee & Co. for your valuation services?
EXPERIENCE. Sharrard, McGee & Co., P.A. has been in public practice since 1976, and has provided business valuation services for many years. The practice has grown over the years - currently we have two locations with over fifty employees dedicated to serving our clients.
KNOWLEDGE. Sharrard, McGee & Co., P.A. is a member of the NCACPA, and the AICPA, and adheres to the accounting profession's code of conduct. We combine a sophisticated understanding of accounting, taxation, financial statement analysis and business operations in many different industries with proven competence in valuation. Building on our core competencies, the ABV credential gives us a distinct advantage in meeting your valuation needs.
RESOURCES. Sharrard, McGee & Co. P.A. is a member of AGN International, an association of separate and independent accounting firms. As a member of this group, SMC is able to collaborate with other firms on a variety of issues through the use of share groups, training and other methods of communication to evaluate our procedures in comparison with other firms throughout the world.
What procedures are performed in a business valuation?
Business valuation is a complex process requiring broad knowledge of finance and business, expert application of recognized valuation methodologies and diligent adherence to professional standards. It is an art, rather than a science, in which sound judgment based on solid experience in the discipline is of utmost importance.