In family law property settlements, small businesses are often a significant part of the spousal asset pool. Yet often there is hesitation on engaging a forensic accountant to conduct a proper valuation.

Hall Chadwick Forensics offers fixed fee for valuations of small businesses in family law matters. Our extensive experience combined with efficient and methodical procedures allows us to provide a fixed fee without compromise.

We consider small business:

  • Have a turnover not exceeding $3 million per annum;
  • Single entity business operation (company, trust, partnership or sole trader); and
  • A business controller who will co-operate with the provision of information and documents requested by us.

The following must be provided to commence engagement:

  1. Business financial statements, tax returns and depreciation schedules for the last three financial years.
  2. Spouse’s individual income tax returns for the last three financial years.
  3. Current year to date profit & loss, balance sheet, IAS and BAS returns.
  4. Copies of all market valuations of related property, plant and equipment.
  5. Copies of all relevant corporate documents and business agreements.
  6. Details of remuneration packages taken by all related persons to the business, including superannuation and benefits.
  7. Interview time arranged with the business controller.

To discuss small business valuations and learn about our fixed price, please contact Hall Chadwick Forensics.