Our forensic team recently hosted a webinar for family lawyers
This webinar was presented by forensic accounting experts, Kate Hart and Jessie King, who considered the impact of COVID-19 on the valuation of unquoted owner managed businesses. They explain the material valuation uncertainty declaration that is now a regular feature of both business and property valuation reports and will address the three main ways in which the current pandemic can be addressed in SME business valuations.
The session considers whether it is ever appropriate to adopt more than one of these approaches in combination and alternative approaches to valuation that may be appropriate.
The session also discusses liquidity and maintainable income – in these unprecedented and uncertain times how can we determine the amount of cash available for extraction by the parties and the income which they can expect to extract from a business for the foreseeable future? With so much uncertainty will Wells sharing orders become more common?