Handle quick requests the right way (bold)
Back-of-the-envelope valuations are quick and unofficial ways you can meet client needs. Seems harmless, right?
Not quite. Informal business valuation requests carry risks that you must weigh before proceeding.
Webcast attendees will learn what a back-of-the-envelope valuation means in terms of balancing a client’s request with professional standards requirements.
Join us to discuss ways to ensure that you and the client understand the scope of work performed, including any limitations on its use.
You’ll also learn about appropriate pricing and how and when to reject informal valuation requests.
•Distinguish between what the client needs and what you can do in accordance with Professional standards.
*What is considered a “back-of-the-envelope” or informal business valuation request
professionals who do not regularly engage valuation professionals