Valuation is often the most controversial and complex issue that arises at the early stage of any transaction, strategy review or dispute.

Deloitte’s international experience and presence provides the scope for us to advise on requirements for all major markets and jurisdictions. This has been particularly important in recent years with the globalization of large corporations, alignment of international accounting standards and the influence of the United States Securities and Exchange Commission (SEC) on non-US businesses seeking access to North American markets and capital.

Our clients demand a service that is comprehensive, relevant and reliable.

Deloitte valuation services fall into three major categories:

1. Commercial transactions and strategic decisions
2. Fiscal and regulatory
3. Litigation and dispute.

We provide valuation and transaction advice to assist management and stakeholders considering major transactions that will alter the course of their business investment. Our advice addresses specific issues according to the client’s needs, whether they are public company directors, private equity investors, government ministers, bankers or high net worth individuals.

Typically, we advise on the following kinds of transaction:

• Mergers
• Disposals
• Joint ventures and strategic alliances
• Management Buy-Outs and Management Buy-Ins
• Acquisitions
• Initial Public Offerings
• Privatizations

In the second category, our major international clients are continually confronted with numerous fiscal and regulatory valuation requirements that are critical to their business and their shareholders.

Our valuation services in these areas include:

• Tax valuation issues impacting corporations, business and high net worth individuals (HNWIs)
• Fairness opinions for public and private company transactions
• Goodwill and intangible asset valuations
• Purchase price allocation advice

Finally, we provide independent expert advice in the resolution of domestic and international court arbitration and other disputes.

Valuing a business is not an exact science. It is subjective and requires the application of experience and judgment. Deloitte experts generally apply accepted valuation methodologies, namely discounted cash flow (earning approach), the market approach and the asset accumulation approach. These methodologies are commonly applied together to provide mutually supporting evidence of the valuation.