Valuation involves advising on valuation of business, company, share and asset, both for commercial and statutory purposes. Valuations assignments may be conducted alongside other services such as tax and regulatory, forensic and financial reporting.
Valuation as a practice requires high level of expertise. It is due to the direct link between the results of our work and the price a buyer or seller may pay or receive. Also, where there is reliance on our opinion by the parties transacting or regulatory authorities such as SEBI, RBI and Income Tax authorities and the client and their auditors for accounting and reporting purposes. In addition, most valuations are based on forecasts and specific assumptions about possible developments in the future.
Valuation services involve the act or process of developing an opinion of value. As such, it is never a fact but always an opinion on the worth of the business or asset to be valued at a given time in accordance with a specific definition of value.