In this updated presentation, co-author L. Paul Hood, Jr., JD, LLM provides an overview of some of the most common areas of disagreement among business appraisers.
A version of this presentation was originally delivered at the NACVA/IBA Annual Consulting Conference in Boston, MA in 2009. This presentation was the genesis for the book A Reviewer’s Handbook to Business Valuation: Practical Guidance on the Use and Abuse of a Business Appraisal.
Paul Hood says:
Given my experience as an attorney working with business appraisers and reviewing business appraisal reports, and the frustration that sometimes was caused because of the seemingly divergent practices of business appraisers, I sensed the need for a resource for people like me – people who were NOT appraisers but needed to better understand business appraisal theory, appraisal standards, and the issues present in the business appraisal profession.
That led to the presentation I gave in 2009 at the NACVA/IBA conference that identified 10 issues that could give users of appraisal reports heartburn. From there, the idea of the book was born.
A Reviewer’s Handbook to Business Valuation: Practical Guidance on the Use and Abuse of a Business Appraisal, with Tim Lee of Mercer Capital, seeks to pull together these sometimes confusing and confounding issues and make sense of them for USERS of business appraisal services.