Unauthorized Practice of Law in BV Reports

Business Valuation UpdateVol. 18 No. 4
April 2012
Rod Burkert, CPA/ABV, CVA

Summary

A standard disclosure in all of our BV reports says something like this: Nothing in this report should be construed as accounting, investment, legal, or tax advice. So why, then, do appraisers proceed to offer their clients legal opinions in valuation rep ...