COVID-19 Timeline for Valuation Purposes

By Harold G. Martin, Jr., CPA/ABV/CFF, ASA, CFE, Director

COVID-19 Timeline for Valuation Purposes

Considering COVID-19’s Impact on the Stock Market for Valuations

The coronavirus pandemic has had a material, adverse impact on the U.S. and global economies.  This has relevance for business valuation because an appraiser has to assess whether the impact of the pandemic was known or knowable as of the effective valuation date and, if so, this impact must be reflected in the valuation of the business.  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.  Linked below is a timeline of the coronavirus, including its impact on the U.S. stock market that we believe will be of interest to clients and their advisors who are considering business valuations.

The timeline was prepared by Valuation Products and Services LLC.  We hope that you will find this information to be of interest.  Please contact our Valuation and Forensic Services team if we may be of assistance or Email | Call 804.747.0000.

Access the Timeline

COVID-19 Timeline

Additional COVID-19 Resources
COVID-19 Business Resource Library


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About the Author

Harold G. Martin, Jr.

Harold G. Martin, Jr., CPA/ABV/CFF, ASA, CFE, Director

Harold G. Martin, Jr., is a Director in Keiter’s Valuation and Forensic Services Group. He has over 40 years of experience and specializes in valuation and forensic accounting, including financial investigations and litigation consulting and expert witness services. He is a frequent speaker and writer on valuation topics.

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The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.


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