Valuation refers to the act of determining the financial value of any type of property, making valuation expert witnesses relevant to a high number of potential cases. Valuation expert consulting may provide information regarding the appraisal of real estate, automobiles, businesses, landscape, e-commerce, jewelry, machinery and various forms of mechanical equipment, industrial property, broadcast equipment and other items of the entertainment industry, agricultural property, livestock, numismatic property (i.e., various types of currency, such as coins and precious metals), antiques, restaurants and other areas of the food service and hospitality industries, intellectual property, and other types of ownership, each of which may be involved with a lawsuit.
Because the discipline is concerned with determining value, valuation expert witnesses are often from a background of different financial areas. Business valuation, for instance, involves assessing the worth of intangible assets, stock options, securities, derivatives, and mergers and acquisitions. Valuation expert witnesses may also have experience dealing with shareholder disputes, corporate bankruptcy, and other problems with business-oriented accounting.
Valuation expert witnesses are sometimes called upon for a case to offer an expert opinion concerning the accuracy of financial reporting, as a discrepancy may lead to litigation if illegal activity is found. Economic damages, lost profits, and tax disputes may require the expertise of a valuation expert.
ForensisGroup works at finding the most qualified available experts based on the specific needs of each client. Call our office today or fill out and Submit An Expert Request Form so we can get started on selecting the right valuation expert witness for your case.