Business Owners, Lenders, Accountants, Attorneys, and other decision makers
employ McGinty to answer The Question… What is it really worth?
In today’s business climate, you cannot rely on the depreciation schedule,
look up book value, or make a “from the hip” estimation. These methods of
valuation are inaccurate, unsubstantiated, filled with risk, liability, and
will not hold up to scrutiny. Not only will an inadequate appraisal not withstand
the examination of the courts, it will also be rejected by many organizations
that are required to substantiate values using a certified,
USPAP (Uniform
Standards of Professional Appraisal Practice) compliant, independent third
party appraiser.
Lenders must substantiate equipment and business values to satisfy the U.S.
Small Business Administration and Bank Examiners. CPA’s are also required
by the Internal Revenue Service to substantiate values to satisfy the Pension
Protection Act of 2006, and AICPA Standards of Valuation #1. Similarly, Attorneys
need to rely on a Certified Appraisal when representing a client.
McGinty Appraisals provides Independent third party, Certified,
USPAP Compliant
Appraisals. Learn more
about the appraisal
process and the
ABC's of
a certified appraisal.
The Links below further clarify the importance and
necessity of Appraisals
