Corporate
Professional Standards
The standards behind every CGT valuation we sign. They are shared across Valuo, the group we are part of.
Guided by APES 225
APES 225 Valuation Services is the standard Australia’s accounting bodies set for valuation work. We are an independent valuation practice, not an accounting firm, and we follow its guidelines in every report we sign.
Independence
Before accepting an engagement, we check for any relationship or interest that could affect, or appear to affect, our independence. Fees are fixed or agreed in advance and never depend on the value concluded.
Scope in writing
Every engagement is confirmed in writing: the purpose, the intended users, the interest being valued, the basis of value, the valuation date and the information required. A report prepared for one purpose is not used for another, and work for court is always a separate engagement.
Information and representations
A valuation relies on the information the client provides. Before a final report is signed, the client confirms in writing that the information they gave is complete and accurate on the matters that matter most to the conclusion.
Review and sign-off
Reports pass through quality review before they are issued. Every CGT valuation report is signed by a suitably qualified business valuer who takes responsibility for the opinion. Tools assist with analysis and production; people reach and review every conclusion.
We value; your adviser advises
We establish market value for the asset, interest, date and purpose set out in the engagement. We do not give tax advice. Whether a capital gains tax rule applies, and the tax result, are for your accountant or tax adviser. The ATO decides for itself whether to accept a valuation.
Confidentiality
Client information is used only for the engagement it was provided for. Read our privacy notice for how personal information is handled, and our complaints process if something has gone wrong.