Why Join Us?

1

Lecture Programmes

2

Representation

3

Networking

The Society of Share and Business Valuers

We present a calendar of Events & Lectures.

Joining Criteria & Prices

The Society of SSBV offers five grades of membership.
Please note that fulfilment of the outlined criteria alone does not guarantee membership at the level applied.

Each application is reviewed before acceptance, and applicants may be asked to forward further information, or be interviewed, if appropriate.

In certain circumstances, recommendation for membership at an alternative level may be made.

Fellow

£250 | Annually

To become a Fellow

This paper sets down areas which should be considered as desirable in a candidate for Fellowship of the Society. It examines the knowledge, skills, experience, and professional characteristics which are considered desirable in a member.

Knowledge

The candidate should be able to demonstrate a current working knowledge of the following:-

• principles of valuation and general economic awareness;
• the open market and Stock Markets;
• company and partnership law in the United Kingdom;
• appropriate valuation statute and case law and practice;
• knowledge of relevant financial reporting standards, and
• sources of economic, commercial, legal and fiscal information.

The candidate should also be able to satisfy the Council that he or she has an up to date knowledge of relevant valuation and related issues gained either from research (publications) or by attendance at relevant courses or meetings.

Skills

The candidate should be able to demonstrate that he or she can:

• carry out financial analyses of companies and businesses from their financial statements, budgets and management accounts;
• interpret accounts and financial statements;
• interpret documents, eg Articles of Association and commercial agreements;
• analyse companies and businesses, focusing on their internal strengths and weaknesses, as well as external opportunities and threats;
• carry out appropriate researches and apply findings;
• carry out comparability exercises;
• exercise sound judgement in differentiating between the various approaches to valuation and their outcomes;
• prepare competent valuation reports, both in short and long (speaking) form; and
• negotiate the agreement of valuations.

Experience

The candidate should be able to offer at least five years practical experience as a share and business valuer. This should cover a range of both commercial (including “fair”) and fiscal valuations of small, medium, and large companies and businesses, together with various sized interests therein. The experience offered should include companies and businesses from a wide range of sectors, involving valuations on several different bases.

For a Fellow, experience as an expert witness is desirable, but not essential, so long as the candidate can demonstrate both the mental agility and presence (aside from the requisite knowledge and skills) to be able to undertake such a role.

It is expected that share and business valuation will comprise at least 50% of the candidate’s work. It is not necessary that the candidate be of partner status but should be one who takes effective responsibility for the conduct of his or her valuations and their outcomes.

Professional Characteristics

It is not enough that a valuer should be able to exhibit knowledge, skills and expertise commensurate with membership of a body of experts. It is accepted that it is not a prerequisite of admission that a prospective member should presently be a member of any other professional body. Nevertheless, it is considered that a candidate should be able to demonstrate the generally accepted characteristics of professional conduct and ethics. These should include honesty and integrity.

General Conclusion

On being satisfied in all elements of the foregoing, the final question which the Council needs to address is whether the candidate instils in them sufficient confidence that he or she could be recommended unreservedly to a prospective client. In considering this, the Council reserves the right to invite the candidate to an interview.

Full Member

£175 | Annually

To become a Member

This paper sets down areas which should be considered as desirable in a candidate for Full Member of the Society. It examines the knowledge, skills, experience, and professional characteristics which are considered desirable in a member.

Knowledge

The candidate should be able to demonstrate a current working knowledge of the following:-
• principles of valuation and general economic awareness;
• the open market and Stock Markets;
• company and partnership law in the United Kingdom;
• appropriate valuation statute and case law and practice;
• knowledge of relevant financial reporting standards, and

• sources of economic, commercial, legal and fiscal information.

The candidate should also be able to satisfy the Council that he or she has an up to date knowledge of relevant valuation and related issues gained either from research (publications) or by attendance at relevant courses or meetings.

Skills

The candidate should be able to demonstrate that he or she can:

• carry out financial analyses of companies and businesses from their financial statements, budgets and management accounts;
• interpret accounts and financial statements;
• interpret documents, e.g. Articles of Association and commercial agreements;
• analyse companies and businesses, focusing on their internal strengths and weaknesses, as well as external opportunities and threats;
• carry out appropriate researches and apply findings;
• carry out comparability exercises;
• exercise sound judgement in differentiating between the various approaches to valuation and their outcomes;
• prepare competent valuation reports, both in short and long (speaking) form; and • negotiate the agreement of valuations.

Experience

The candidate should be able to offer at least three years practical experience as a share and business valuer. This should be at least at a grade of Assistant Manager in an accounting firm, or professional equivalent This should cover a range of both commercial (including “fair”) and fiscal valuations of small, medium, and large companies and businesses, together with various sized interests therein. The experience offered should include companies and businesses from a wide range of sectors, involving valuations on several different bases. It is expected that share and business valuation will comprise at least 50% of the candidate’s work

Professional Characteristics 

It is not enough that a valuer should be able to exhibit knowledge, skills and expertise commensurate with membership of a body of experts. It is accepted that it is not a prerequisite of admission that a prospective member should presently be a member of any other professional body. Nevertheless, it is considered that a candidate should be able to demonstrate the generally accepted characteristics of professional conduct and ethics. These should include honesty and integrity.

General Conclusion

On being satisfied in all elements of the foregoing, the final question which the Council needs to address is whether the candidate instils in them sufficient confidence that he or she could be recommended unreservedly to a prospective client. In considering this, the Council reserves the right to invite the candidate to an interview.

Associate Member

£100 | Annually

To become an Associate Member

This paper sets out the factors which may be considered relevant for a candidate applying for Associate Membership of the Society.
RELEVANCE

It would be helpful if the Applicant could demonstrate:

• engagement in an occupation or employment which share and business valuations forms a part;
• the extent of his/her personal involvement in, and responsibility for, share and business valuations.

The fact that share and business valuations is not a major part of the applicant’s work is not a bar to associate membership.

It would be helpful if an academic candidate could demonstrate:-

• The relevance of share and business valuations to his/her academic specialisation.

Experience

There is no experience requirement for associate membership.

Student Membership

FREE | Annually

To become a Student Member

Student Membership also exists for students in full time study or relevant employment. Download the Student Membership Criteria and Application Form in PDF format.

Corporate Membership

Would you like to save £25 per person?

We are offering a great discount on Corporate Membership! When 5 or more people from the same organisation join, you will each qualify for a £25 deduction from your membership fee. This includes all membership categories.

Commercial Transactions

Valuations for commercial transactions, including valuations under a company’s articles of association, a shareholders’ or joint venture agreement.

Dispute Resolution

Valuations for dispute resolution purposes, including litigation, arbitration or mediation either as expert or adviser.

Determine A Dispute

Valuations as expert to determine a dispute where the parties agree to be bound by the decision of the expert.

Financial Reporting

Valuations for financial reporting purposes including the valuation of intangibles under IFRS 3 and the valuation of share-based payments under IFRS 2.

Financial Settlement

Valuations for the purposes of assessing a financial settlement in matrimonial proceedings.

Taxation

Valuations for taxation purposes, including negotiation with Tax Authorities in the UK and overseas.