In these uncertain times, the valuer’s job is more challenging than ever. James Palmer, Chair of ICAEW’s Valuations Community explores the issues facing professionals and how ICAEW’s Valuations Conference will help valuers address them.
James Palmer is Managing Director in the Valuation Advisory Services practice at Duff & Phelps, a Kroll Business, and has more than 20 years of valuation experience. He explains that there are many significant challenges for valuers in the wake of the COVID-19 pandemic and its economic impacts.
"We are living in very uncertain times and one of the key inputs for any valuation is the outlook for the business that you are valuing. The level of uncertainty around that is clearly much higher than usual in many industries, so estimating the outlook in the short and medium term and what recovery might look like is certainly more challenging,” he says.