The service-specific risk to address first
A valuation useful for negotiation may not satisfy a specific statutory or regulatory requirement.
A company issuing shares should identify the relevant legal purpose before asking for a single headline valuation.
Mistake 1: assuming the same rule applies to everyone
Valuation purpose determines the method, assumptions and required professional qualifications.
Entity type, business activities, transaction facts and the relevant period can change the answer. Before using a checklist or a headline rule, ask which facts make it applicable to you. Verify current official requirements rather than copying an old article.
Mistake 2: sending records that do not reconcile
Prepare financial statements, projections, capital structure and the proposed transaction terms.
Flag mismatches and missing items before the adviser starts. Never overwrite an original record simply to make totals match. Preserve an explanation of corrections so the final position can be traced back to its evidence.
Mistake 3: confusing one task with full compliance
Separate indicative commercial analysis from a report requiring a particular authorised professional.
An incorporation, registration, return or report is a particular deliverable. Other permissions, recurring obligations and implementation work may remain. Ask for a written list of what the engagement does not cover.
What to do if work is already wrong
Preserve the original submission or report and ask for an assessment of the available correction route. Do not submit a duplicate application or ignore a communication without checking the consequences. Identify the issue, relevant period and supporting evidence.
What is the report used for and which qualification or standard does that purpose require?
Keep the final report, assumptions, supporting data and the stated limitations.
How to use this resource
