- Credentialed Professionals.
With Provident’s nationally-credentialed professional staff, your valuation will conform with professional procedural and reporting standards and government agency specifications:
- National Association of Certified Valuation Analysts (NACVA)
- Uniform Standards of Professional Appraisal Practice (USPAP), if requested
- Institute of Business Appraisers (IBA)
- The Internal Revenue Service (Rev. Rul. 59-60 et. seq.)
- The Department of Labor (for ESOP valuations)
- Report Certification.
Your full valuation report includes a signed certification by the valuator performing your appraisal in conformity with the professional standards.
That means your reports will be sustainable and credible under possible challenge by adversaries or other advisors, especially by challenges under Daubert and Kumho Tire.
- Sound Appraisal Methodologies.
Your full report will be based on sound valuation methodologies, addressing all three valuation Approaches – the Asset Approach, Market Approach and Income Approach, with each of their respective applicable Methods. All three Approaches are part of the requirements for conformity with IRS Revenue Rulings and with Department of Labor regulations for ESOP valuations.
- Logical Connectivity.
Your report will effectively show the logical connection between our thorough replicable research and the valuation conclusion – a critical factor which is often overlooked in lesser quality report writing. This important connectivity feature provides triers of fact and adversarial readers with a seamless line of reasoning, based on independent research to support the value conclusion in your report.
- Done On Budget and On Time.
We realize your valuation reports are important to you, and in many cases, your valuation reports are a mission critical task. Your reports will be prepared promptly, thoroughly, and on time. Since many of our assignments are available on fixed pricing arrangements, you will know your fees in advance.