CHECKLIST FOR BUSINESS VALUATIONS

In a perfect world, to perform a business valuation of a business entity or ownerhsip interest that fully complies with NACVA standards generally used for taxation or litigation purposes, we would generally need copies of information listed below. Of course, for limited business valuations valuations that partly comply with NACVA standards, less information is needed. So do not let this list overwhelm you because we will tailor it to your company, its business and industry and the purpose of the valuation. And should you otherwise have less than the ideal set, we can still perform the valuation. Delivering a final written report in a timely manner will partly depend on when we receive the requested information.

  • The history of the company, its industry code (SIC or NAICS) and its major customers and competitors
  • Five years of complete historical financial statements (or whatever represents the business cycle), including the income statements, balance sheets, cash flow statements and statement of changes in retained earnings and notes to financial statements.
  • Most recent financial statements for the current year to date period and the same period of the prior year.
  • Five years of projected financial statements, including the income statements, balance sheets, cash flow statements and notes to the projections indicating the assumptions used and the rationale for any changes from historical performance.
  • Summary of current accounts receivable and payable agings as of the most recent financial statements provided.
  • List of the largest customers (those that comprise the majority sales) and their percentage of total sales and receivables.
  • List of the largest vendors (those that comprise the majority of expenses) and their percentage of cost of sales and payables.)
  • Federal income tax returns of each of the last five years.
  • Detailed real property information, including addresses and descriptions of all facilities, and any recent appraisals.
  • Detailed fixed asset information, including brand, type, age, serial number and condition, including the capital requirements budget.
  • Industry and market information and company sales and other promotional materials or media.
  • Officers' total compensation (including benefits and 'perks') for the last five years.
  • Detail of company ownership and recent transactions involving company stock or stock options.
  • Agreements among owners regarding the transfer or voting of their ownership interests found in the Corporate Charters and Bylaws and Partnership Agreements.
  • All prior appraisals.

We proudly serve Orange County and Greater Los Angeles. We are dedicated to serving the business valuation and forensic accounting needs of business owners, especially small business owners. We are also dedicated to serving the business valuation and forensic accounting needs of attorneys, CPAs and their clients. We are a solid alternative to high-priced business valuation and forensic accounting firms. We are a solid value. Contact us for a free consultation.