As UK audit reform accelerates in 2025, valuation reports face heightened scrutiny. With ARGA replacing the Financial Reporting Council, institutions now demand independent review of valuation logic, assumptions, and documentation. Whether you’re preparing for audit, verifying third-party figures, or defending a transaction, valuation review is essential for compliance, credibility, and risk mitigation.
Finsoul Network provides valuation review and audit services for banks, legal teams, corporate finance departments, and regulators. We assess submitted valuations for accuracy, defensibility, and alignment with current standards flagging risks, correcting inconsistencies, and issuing assurance-ready commentary.
Why Is Valuation Review Now Mandatory in Many Sectors?
Recent regulatory changes have made valuation review a formal requirement across multiple domains:
- Audit reform under ARGA: Public Interest Entities (PIEs) and large private firms must demonstrate valuation independence.
- Corporate governance updates: Boards are now accountable for valuation integrity in M&A, restructuring, and asset reporting.
- Expanded auditor responsibilities: Key Audit Matters (KAMs) often include valuation assumptions, requiring third-party validation.
- Tax and legal scrutiny: HMRC and courts expect valuations to be reviewed, not just submitted.
Who Commissions Valuation Review and When?
Valuation review is triggered by strategic, legal, or compliance events. Common scenarios include:
- Auditors validating asset values in financial statements
- Legal teams preparing for litigation, probate, or settlement
- Banks assessing third-party valuations for lending or refinancing
- Regulators reviewing tax filings, merger documentation, or compliance reports
- Boards and shareholders seeking assurance before approving internal valuations
Start Your Valuation with Confidence
Finsoul Network delivers reports that hold up under scrutiny accepted by HMRC, courts, and auditors. If you are planning, reporting, or restructuring, we help you prove and protect your position with clarity, speed, and sector-specific insight. Start your valuation today.
What Does a Valuation Review Actually Involve?
A valuation review is not a revaluation it’s a forensic check of the report’s structure, logic, and evidence.
- We confirm that the valuation purpose is clearly defined and appropriate for its intended use.
- Methodology is assessed for relevance market value, DRC, income-based models based on asset type and reporting context.
- Market comparables are checked for accuracy, recency, and proper application.
- Supporting documentation is reviewed for completeness, including inspection records, ownership proof, and financial data.
- We identify gaps, unsupported assumptions, or non-compliance with RICS, IFRS, or HMRC standards.
What Risks Are Mitigated Through Valuation Audit?
Unchecked valuations can expose organisations to financial, legal, and reputational risk. A structured review reduces exposure and strengthens decision-making.
- Overstated values may inflate balance sheets, mislead investors, or breach audit protocols.
- Understated values can reduce borrowing capacity, underprice asset transfers, or trigger tax penalties.
- Non-compliant reports may be rejected by auditors, courts, or regulators delaying transactions or exposing firms to scrutiny.
- Unclear methodology undermines credibility and may lead to disputes or litigation.
What Types of Valuations Can Be Reviewed?
We audit valuations across asset classes and reporting contexts:
- Property and real estate
- Machinery and equipment
- Inventory and transport assets
- Intellectual property and intangible assets
- Art, antiques, and cultural assets
- Multi-asset portfolios and estate valuations
Each review is customised to the asset type, valuation purpose, and institutional audience.
Step-by-Step Valuation Review and Audit Process
1
Confirm the review scope and reporting context
We begin by identifying the purpose of the review. This may include internal audit, investor assurance, regulatory compliance, dispute resolution, or pre-transaction due diligence. We also confirm the asset types and valuation methods under review.
2
Gather source reports and supporting documentation
We collect the original valuation reports, financial statements, modelling inputs, legal agreements, and any correspondence with stakeholders. Where necessary, we request clarification from the original valuer or instructing party.
3
Conduct technical and evidentiary review
We assess the methodology, assumptions, data integrity, and compliance with relevant standards. This includes checking for consistency with RICS Red Book guidance, HMRC expectations, and sector-specific benchmarks.
4
Identify gaps, risks, and improvement areas
We highlight any inconsistencies, unsupported assumptions, or regulatory misalignment. Where appropriate, we provide commentary on alternative approaches, omitted factors, or valuation sensitivities.
5
Prepare a formal audit or review report
Each report includes a summary of findings, technical commentary, and recommendations for correction or clarification. Reports are structured for legal, regulatory, or investor use and can be submitted as part of formal proceedings.
6
Deliver and support
Reports are delivered digitally within five to ten working days. We remain available for auditor queries, legal review, or supplementary documentation.
Valuation Review & Audit – Cost Overview
We offer scope-based pricing for valuation reviews and audit support across the UK, tailored to asset type, reporting purpose, and regulatory context. The table below outlines indicative starting prices for common scenarios.
Final pricing is confirmed via written quote and tailored to your specific requirements. All fees are scope-dependent and transparently agreed before instruction.
What You Receive from Finsoul Network
Our valuation review output is structured for institutional use and legal defensibility.
- A written assurance statement outlining scope, findings, and clarifications
- Annotated commentary on the original valuation report
- A summary of risks, inconsistencies, or unsupported assumptions
- Recommendations for remediation, revaluation, or supplementary documentation
- Formatting suitable for submission to auditors, legal teams, regulators, or governance bodies
FAQ's
Yes. We provide independent review of valuations from any source internal or external.
No. A review assesses the quality and compliance of an existing valuation. Revaluation is a separate service.
Absolutely. Our reviews are structured for use in audit files, court submissions, and regulatory disclosures.
Typically 5–7 working days. Urgent reviews can be prioritised.
Yes. We provide written findings and commentary suitable for institutional or legal use.