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For accounting experts, one of the key factors surrounding any valuation assignment stems from the concept or meaning of value (often referred to as the Basis of Value) to be applied, as these can have different meanings depending on the context or circumstances where it is applied to a valuation engagement.

With the recent rise in awareness of financial abuse of elderly individuals and the misconduct of executors of deceased estates, it is imperative to validate any suspected wrongdoing in order to pursue legal proceedings.

The valuation of a minority interest is an-all-too-common valuation conundrum faced by lawyers and advisors alike.

In a recent NSWSC judgment, the Court found that an error identified by the Expert is not a ‘manifest error’.

This simplistic view adopted by the Court is common, where lawyers, accountants and even business valuers can ignore minority interest discounts, which can apply to when a company is not wholly owned. Two discounts regularly applied in the valuation of a private company are: Discount for lack of control and discount for lack of marketability

When undertaking a valuation of a business or entity for commercial or litigious purposes, a fundamental element of the valuation is considering the available information about the ‘market’ to assist in assessing value.

Understanding whether a transaction is based upon 'market value’ can be an integral component of an engagement in which a business valuer is appointed to opine upon.

The choice between EBIT or EBITDA as the basis for the Future Maintainable Earnings (FME) of a business is encountered by business valuation professionals in each new matter which presents itself.

Over the past 18 months, we have seen a consistent level of deal activity despite significant headwinds which have impacted the Agribusiness, Food & Beverage (Ag, F&B) sector and the broader economy. Through our analysis of 1,466 global transactions for the Ag, F&B sector in the 18-month period to December 2022, transaction multiples have remained strong – a pleasing result for businesses undertaking divestment activity.

Schools and education facilities are not immune to fraud and misconduct. It can be in the form of theft, misappropriation of funds, or the granting of contracts to known associates of key people.

With the Australia-India Economic Cooperation and Trade Agreement passing through Federal Parliament of Australia last week, now's the ideal time to assess your India strategy. What are the key opportunities your Agribusiness, Food & Beverage business can explore as part of your India strategy? Find out more about areas of opportunity you can leverage.

Expert evidence – in both written form in the witness box – is a critical element of any legal proceedings. However, it is an Expert’s conduct in the witness box under cross-examination that is often the most commented upon by the Court through the judgments published.