Board Certified Family Law Attorneys in Las Vegas
Business valuators are professionals who specialize in determining the value of a business according to numerous criteria. They conduct an examination of the business and prepare a written report using several different valuation metrics such as cash value, book value, investment value, and buyout value. Learn more about Business Valuations
Though there are numerous forms of business valuator accreditations, the industry is relatively small with current estimates of less than 5,000 accredited business valuators throughout the United States. Additionally, not all accredited business valuators are certified as experts that can have their business valuation reports entered into evidence, and/or testify in court cases.
Business Valuator Accreditations
Accredited business valuators possess one or more of the following credentials:
- Master in Business Administration (MBA)
- Certified Public Accountants (CPAs)
- Accredited Senior Appraiser (ASA) from the American Society of Appraisers (ASA)
- Accredited in Business Valuation (ABV) from the American Institute of CPAs (AICPA)
- Certified Valuation Analyst (CVA) from the National Association of Valuation Analysts (NACVA)
- Certified Business Appraiser (CBA) from the Institute of Business Appraisers (IBA)
Each of these designations / institutions has its own set of criteria that a business valuator must adhere to. In general, they all require dedicated years of experience, passing an advanced examination, and an annual commitment to the continuing education process.
The Business Valuator's Responsibilities
It is important to understand the limits of what a business valuator does and does not do. A business valuator takes existing financial and market related information to prepare their report. They do not look for or locate hidden assets
or challenge the income and expenses of the business unless the information provided to them is grossly inappropriate for the business they are valuing.
When the financial details of a business are called into question, the task of determining the accuracy of the financial information is performed by a forensic accountant. Learn more about Forensic Accountants
Whether one spouse or both own and/or manage a business, including professional practices, it is important to establish a business value for property division
All business valuation professionals retained by our law firm on your behalf are accredited and certified court experts. Once the business value is determined, Las Vegas divorce attorneys, Jennifer V. Abrams
, Vincent Mayo
and Brandon Leavitt
, know how to use the business valuation report in a manner that's in your best interest.
"It took many years for me to finally make the decision to file for divorce, but when the time came I am fortunate that I hired Attorney Abrams to represent me. Her extensive knowledge of family law and all legal processes and procedures allowed us to stay on track and keep my case moving forward even when my then husband made every attempt to stall the process in variety of ways. From start to finish her professionalism, skill set and direct, concise communication made me feel secure and allowed for a positive outcome to my case. I would be remiss if I didn't mention how wonderful the firm's administrator is. She always kept me up to date with all correspondence and was always available to coordinate any question I had, throughout the whole divorce. Thank you to Attorney Abrams and her staff."
- Susan C