Valuation group launched by ICAEW

News Article - 24 May 2012
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The Institute of Chartered Accountants in England and Wales (ICAEW) has set up a new group which will aid accountants in the valuation of unincorporated businesses.

In a bid to help improve the skills and knowledge of chartered accountants within the sector, the Valuation Group will provide help with valuing intangible assets as well as shares and related instruments.

Mark Bezant, managing director of LECG and a member of the Society of Share & Business Valuers, is the group's chairman.

"The objective of this group will be to provide direct support to those members who have an interest in this field," he said.

Those wishing to join the group will receive certain benefits, including the opportunity to attend seminars and events on the topic of valuation, as well as receiving a quarterly e-newsletter providing news and views affecting practitioners.

ICAEW chief executive Michael Izza said that valuation was becoming an increasingly important issue for accountants.

"One of our strategic aims is to support members throughout their careers and our special interest groups play an important role in doing this for members who specialise in different fields and sectors," he added.

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