15 Cautionary Areas to Review in ESOP Valuations

BVResearch Pro
Training Event Transcripts
March 3, 2022
Hillary Hughes, ASA, CFA
Daniel P Callanan, ASA
ESOP valuations
estate and gift tax, private company financial reporting, estate & gift, employee stock ownership plan (ESOP), levels of value, irs revenue ruling 59-60


Business valuation practitioners perform private-company equity appraisals for many applications including gift/estate tax planning, transaction opinions, and financial reporting; yet ESOP valuation assignments present complex challenges. Not only is the purpose of the appraisal unique, but the particular client, an ESOP trustee (acting as a fiduciary), also has many ESOP-specific disclosures and requirements. A well-developed ESOP valuation report may not simply achieve the appraisal prescription set forth in Revenue Ruling 59-60 or USPAP compliance. Join Dan Callanan and Hillary Hughes to learn about common pitfalls and cautionary areas to address as you prepare and/or review an ESOP valuation.
15 Cautionary Areas to Review in ESOP Valuations
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