Analyzing the Business Appraisal: Example of an Appraisal of an Operating Company with Significant Real Assets
Note: This chapter was contributed by Kimberly Linebarger, CFA, ASA, CVA, senior financial analyst with Shannon Pratt Valuations.
The business valuation of an operating company with significant real assets may necessitate the reliance on appraisal reports from other experts as well, such as real estate appraisers and/or machinery and equipment appraisers. These appraisers have their own standards and methodologies that the business valuation expert should be aware of. However, business valuation experts are not, nor should they be required to be, experts in the fields of other appraisal disciplines. Business appraisers should ...