Z. Christopher Mercer, ASA, CFA, ABAR, Founder and CEO of Mercer Capital, and Timothy R. Lee, ASA, Managing Director of Mercer Capital, will present “There’s More to Appraisal Review Than You Might Think” for the American Society of Appraisers‘ International Appraisers Conference on October 19, 2015.
What should every valuation report contain? Are the common mistakes those of omission or commission and what are they? What are the similarities and differences between internal reviews of reports at your firm (or your own reports!) and independent reviews of the work of other experts? What is the appropriate “attitude” for a reviewer? How can you test a valuation conclusion for reasonableness? How do you find mistakes, if there are any?
Chris Mercer and Tim Lee of Mercer Capital bring over 50 years of combined appraisal experience to the topic of appraisal review. Chris is one of the nation’s leading business valuation expert witnesses and Tim co-authored the book, A Reviewer’s Handbook to Business Valuation. Together they will walk through excerpts from several valuation reports, highlight issues that are important for review, and share their experiences in reviewing hundreds of valuation reports.