Appraisal & Valuation

An expert appraisal generally refers to an appraisal performed by someone qualified to value the type of property or interest involved. The appraiser analyzes relevant evidence and applies appropriate valuation methods to develop a supported opinion of value, with the scope and standards depending on the assignment.

Becoming a business valuation expert typically involves education in accounting, finance, economics, or a related field, training in valuation methods, and substantial valuation experience. Practitioners may also pursue credentials such as the ASA, ABV, or CVA, each of which has its own education, experience, examination, and other qualification requirements.

Two appraisals may rely on different effective dates, standards of value, market data, assumptions, comparable transactions, adjustments, or valuation methods. Examining those components separately can show whether the disagreement comes from the underlying evidence, the methodology, or how particular inputs were treated.