08
/ November
2010
A pricing contingency for cheap stock compliance valuations
One member of the audience at Neil Beaton's session on updates to the AICPA's cheap stock valuation Practice Aid commented that he's added a contingency to his fee agreements in case the existing CFO leaves the subject company. "We have multi-year agreements that set prices, with price hikes built in if there's a new CFO," the appraiser commented. Great idea, considering the extra work and risk associated with negotiating assumptions with a new financial team.