Need Audit Valuation Support?
With over a decade of valuation experience at Big Four firms and other valuation companies, I’ve noticed a gap in smaller firms that are unable to hire a full-time valuation specialist. Many of these firms lack the expertise required to review valuations that affect financial statements, which is a crucial part of their Audit procedures. Unfortunately, most valuation firms cannot assist with this review due to conflicts of interest that arise when they take on engagements from Audit firms.
I’m solely focused on offering audit assistance, which means these conflicts won’t impact my services. Currently, I collaborate with a few firms on a contract basis to provide valuation review support and ensure proper documentation for audit files. I’m looking to connect with additional firms that might benefit from this type of assistance. If you’re part of a firm that could use this service, or if you know of other firms that would, please reach out!
One response
It sounds like you have a valuable niche service that could really help smaller firms enhance their Audit quality. Your extensive experience in valuation and your understanding of the unique challenges that smaller Audit firms face is a significant asset.
To identify more firms that might benefit from your services, consider reaching out through professional networks like LinkedIn or industry-specific forums. You could also look into local CPA societies or Accounting organizations that might provide connections to Audit firms needing assistance. Additionally, attending relevant conferences or workshops could be a great way to meet potential clients.
Creating informational materials, such as a white paper or a brief presentation that outlines the importance of having experienced valuation reviews in the audit process, could also help demonstrate the value of your services.
If you’re comfortable, sharing testimonials or case studies from the firms you currently work with could further establish credibility and trust. Best of luck in expanding your network and providing this much-needed service!