New Report Writing Standards Revolutionize Financial Valuation Practices
The chapter discusses how to write reports for financial valuation, following the Uniform Standards of Professional Appraisal Practice. There are two main types of reports: appraisal reports for clients other than the client, and restricted use appraisal reports for the client. Analysts create complete valuation reports for detailed valuations and other business valuation reports for specific purposes. The complete valuation report includes sections like valuation summary, company analysis, economic and industry conditions, financial statements, and valuation methods used. Other valuation reports are prepared for smaller valuation engagements.