Appraisal & Valuation Services
Cambridge Partners & Associates is a management consulting firm specializing
in valuation services including business
and stock valuations, intangible asset
and intellectual property valuations, real
estate appraisals, machinery
and equipment appraisals and cost
segregation studies. Our professional background includes experience from Big Four accounting firms, national consulting firms and institutional investors. Our techniques and methodologies are original, well documented, and are designed to withstand the scrutiny of the most discerning authorities.
Challenging problems require creative solutions and our consultants
have the necessary academic and professional credentials (MBA, CPA, ASA, CFA) necessary to
understand and undertake the most difficult assignments.
Important to the valuation industry, professional designations held by our staff include
ASA from the American Society of Appraisers and Chartered Financial Analyst (CFA). Our real estate appraisal
work conforms to the Uniform Standards of Professional Appraisal
More than ever, Cambridge Partners is committed to building long-term
relationships by meeting or exceeding client expectations through
personalized service, rapid turnaround, reasonable fees, and skilled
business valuation techniques. We welcome the opportunity to put
our expertise and experience to work for you and look forward to
hearing from you.
Following is a partial list of our services:
- Cost Segregation Studies
- Machinery & Equipment Appraisals
- Business and Stock Valuations
- Intangible Asset and Intellectual Property Valuations
- Fairness Opinions and Solvency Opinions
- Valuations for Litigation Support
- 409A Stock Option Valuations
- Real Estate Market Studies
- Real Estate Appraisals
Appraisal Uses and Benefits Purpose
If you would like additional assistance or would like to discuss a potential valuation,
please contact Cambridge Partners & Associates
for an initial evaluation consultation.
An appraisal must have a reason or purpose for being done
and this purpose must be clearly stated. This purpose allows the
appraisal to have a meaning in content and a significance in result.
The statement of the appraisal purpose is a declaration by an appraiser
as to the sole objective in preparing the valuation report. The
purpose must be clearly stated in a definitive fashion.
At a minimum, an appraisal should consist of a cover letter of transmittal,
a summary of the valuation conclusions, a discussion of the scope
of the appraisal, an in-depth presentation of the valuation methodology,
a statement of assumptions and limiting conditions, a certification
along with a statement of the qualifications of the appraiser, the
actual valuation process and conclusions, any exhibits that would
be informative and any addenda appropriate to the appraisal.
Business owners have need for appraisals.
These needs often are a result of the requirements of a third party.
Third parties might be accountants, agents, assessors, attorneys,
brokers, buyers, government commissioners, corporations, courts,
creditors, insurers, lenders of various types, lessees, lessors,
managers, owners, partners, sellers, spouses, and so on.
Appraisals are used for many different
reasons. The reason is to be clearly spelled out in the purpose
declaration. Appraisals are used for allocation of the purchase
price as part of a business combination (see SFAS 141),
for bankruptcy considerations and fresh start accounting, for establishing the value of
a business or its goodwill (see SFAS 142), for use in condemnation proceedings, for cost studies, for dissolution’s
of various types (marriage, partnership, corporation), for estate
planning, for incorporation, for insurable value, for insurance
loss settlement, for financing purposes, for management considerations,
for merger proceedings, for partnership formation, for
or sale, for issuance of stock, for ad-valorem taxation issues,
for gift and / or estate tax issues, and for other similar uses.
Markets are constantly fluctuating or
changing. These fluctuations affect various properties differently.
Because of this constant state of flux, there is no all-inclusive
answer as to how long an appraisal may be considered up-to-date.
Whether an appraisal needs to be updated depends on any changes
that have occurred in the assets that were already under appraisement
and whether the value and premise of value at the time of that appraisal
are still pertinent. We recommend that an appraisal be reviewed
and updated as required at least every year. If the business,
asset or market conditions have changed dramatically, a review may
be required sooner.