Types of Valuations
George & Company conducts certified business appraisals for a multitude of different kinds of functions. We feel that it is important that the average person considering an appraisal of their company understand the disclosure requirements under the Uniform Standards of Professional Appraisal Practice administered by the Appraisal Institute of Washington, DC. Under USPAP, the appraiser must identify both the function and the intended use of the appraisal within the certified appraisal document. Although, appraisers are bound by the principles and code of ethics by which they perform an appraisal, as outlined by the Appraisal Institute, the end use of that appraisal must be disclosed and the appraisal must be written in a way that allows a third party to understand how the concluding value was derived. Menu Selection |
