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Forensic Accounting & Company Valuation

What would you charge?

Afternoon all,

I am due to meet with a client who requires a company valuation in relation to a shareholder dispute - t/o is around £2m - it appears fairly straightforward but I have no idea what to charge - any "ball park" ideas? Thanks!

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By DJKL
17th Feb 2017 15:46

Maybe a little more re the instruction would assist:

In what capacity are you acting, is your valuation intended to be merely indicative, solely for one party, or is your appointment part of a formal legal process?

Do you know the parameters of your instruction etc?

I think turnover is really not a benchmark re quantum of work and costs, the business might be in a very niche activity where obtaining third party valuation comparatives might be really difficult or it might be say a CTN, Pub or professional services firm (though they have their difficulties re client loyalties) where market information is much more plentiful.

To tell you the truth, and with no disrespect intended, if you need a steer re scope of work and its costs/ your charge re same, is business valuation something you ought to undertake?

It is certainly not an area I would plunge into without far more recent experience- whilst I may value projects/ activities as part of my day job I do not have a client paying an express fee for the service who can sue me if I screw up.

Just a thought.

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17th Feb 2017 16:02

Is this for the court - as an expert - or is it just to advise the client?

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20th Feb 2017 12:53

Because of a conflict of interest just put out a valuation to another accountant for a quote on the value of the company shares. Quote of £750 plus VAT was accepted by the directors.

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20th Feb 2017 14:39

I have a contact that specialises in these.
He charges £250 an hour.
PM me if you want me to put you in touch

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