IBC valuation preparation organises asset, business and financial evidence for valuation within the applicable insolvency process.
Understanding IBC valuation services
When to consider this service
Creditors, business owners and authorised transaction teams reviewing distress, unpaid claims or a formal process can use this service to clarify a particular issue. A useful starting question is: “Can a management estimate replace required insolvency valuation?” Begin with the facts behind that question rather than assuming that a standard package will resolve it.
Scope of work
The engagement can cover the following workstreams. The proposal specifies which apply to your matter and what evidence or specialist input is needed.
- Clarify valuation purpose and process stage.
- Prepare asset information and inspection access.
- Coordinate eligible valuers and supporting schedules.
Documents and information to prepare
Start with the records below where available. They help establish the facts before a more specific checklist is agreed.
- Asset registers.
- Financial records.
- Ownership documents.
- Operating forecasts.
Provide the relevant entity, transaction or reporting period and any existing notice or deadline. Identify missing or inconsistent records so they can be addressed explicitly.
A key issue to resolve
Where the insolvency framework requires eligible valuers or a prescribed basis, informal estimates cannot replace that assessment.
How the engagement works
- Define the question: clarify valuation purpose and process stage, using the available asset registers and the facts you provide.
- Examine the evidence: prepare asset information and inspection access. Record unresolved information and the assumptions that affect the analysis.
- Agree the action: coordinate eligible valuers and supporting schedules. Set the required deliverables, responsible owners and any follow-up or external dependency.
Deliverables, fees and timing
The proposal for IBC valuation services sets out the analysis, documentation or coordination deliverables and the work you retain. The availability of asset registers, financial records, ownership documents and operating forecasts affects readiness and the amount of follow-up needed. Fees and the working schedule are agreed after that initial assessment. Any required independent report, legal representation or authority application is identified as a separate responsibility where relevant.
Official resources
Use these official resources for the relevant framework. Application to a particular entity, period or jurisdiction requires a separate assessment.
Discuss your requirement
Share a short summary of your IBC valuation services requirement and the records already available. BIATConsultant can assess the proposed scope and explain the next steps.
FAQ
Practical questions about IBC valuation services.
Can a management estimate replace required insolvency valuation?
Where the insolvency framework requires eligible valuers or a prescribed basis, informal estimates cannot replace that assessment.
What records should I prepare for IBC valuation services?
What can the scope of IBC valuation services include?
How are fees and the schedule agreed?