COVID-19 Timeline: Business Valuations and U.S. Stock Market Impact
Posted on May 3, 2020
“COVID-19 Timeline for Valuation Purposes”
Harold Martin, valuation and forensic services partner at Keiter, shared his insights on the adverse effects of the Coronavirus pandemic on the U.S. stock market with a COVID-19 timeline highlighting the impacts and how appraisers need to assess whether the impact of the pandemic was known or knowable as of the effective valuation date.
If the event was not known or knowable as of the valuation date, then it is considered a subsequent event, and consideration should be given to making a disclosure in a valuation report to make the reader aware of the event.
One of the methods of assessing whether the pandemic was known or knowable as of a particular point in time is to consider its impact on the stock market.
We know things are hectic but remember to lean on your advisors (counsel, accountant) for insights they have, as many of these decisions in normal times are made infrequently.
With 15+ years in the food distribution industry, we are here to answer your questions and assist in any way we can. We will be providing additional insights and updates as we move through this period of uncertainty.
Matt Austin Scott Zickefoose
Phone: 804.433.4184 Phone: 804.273-6253Return to All