During litigation cases, there are often situations where an
attorney needs to work with a forensic accountant or other
financial expert to determine the value of several types of assets.
This can include large assets, such as businesses or business
shares, or smaller items, such as the value of stocks or other
marital assets. Depending on the circumstances surrounding the case
and the available information, it may not be possible or ideal for
an expert to conduct a formal business or asset valuation. Under
these circumstances a calculation of value report (CVR)
can be completed to arrive at a calculated value. CVRs are often
used for strategic planning, estimating economic damages and during
litigation. The reduced cost and reporting requirements make CVRs a
more appealing solution for many attorneys, companies and
individuals, although there are limitations. To help clients,
prospects and others understand calculation of value reports and
their benefits, DiGabriele,
