Business valuation review is the newest discipline in the business valuation profession.

A professional qualified to perform a business valuation review can be identified by the ABAR credential. ABAR is an acronym for Accredited in Business Appraisal Review

The purpose of a business valuation report review is to determine the credibility and reliability of a business valuation report.  A business valuation review should provide one of three Opinions:

• Finding of Concurrence
• Finding of Non-concurrence
• Finding of No opinion

A finding of concurrence indicates the report being reviewed is credible, reliable, and in conformity with generally accepted business valuation practices and standards relied upon by business appraisers

A finding of non-concurrence indicates the report being reviewed is not credible, is not reliable, and is not in conformity with generally accepted business valuation practices and standards relied upon by business appraisers

A finding of no opinion would indicate the reviewer could not form an opinion due the limitations in the scope and procedures permitted in the review.

Three major factors “drive” the credibility and reliability of a business valuation report:

• Sound valuation theory
• Proper selection and application of valuation methodology
• Critical thinking

A valuation review report should place primary focus on these three critical components of the report under review.