At Standard Ledger, we aim to provide you all the financial supporting services you may need while you’re growing your startup. See below for some of the additional services you may need from time to time that we may be able to help you with ….
We can quickly prepare a CPA-certified Method 1 statement for you to confirm the market value of shares if you can provide us your Balance Sheet and latest up to date share register and meet the following criteria:
your startup hasn’t raised $10m in previous 12 months;
your startup is less than 7 years old or has less than $2m revenue; and
your startup prepares financial reports.
Standard Book Valuation
If you’re beyond your initial startup stage and do not meet all the above criteria phase the valuation rules are more stringent. We provide an independent accountant-certified review of your accounts, along with a high level review of any underlying asset values in your accounts which we then use to provide a book valuation.
The effort required to complete these valuations can vary according to their complexity. Please get in contact for a fixed quote based on your circumstances.
More complex businesses
If you require independent external validation of vehicle, business and property values we recommend that you use a certified business valuer.
Note that if shares are issued at a discount to independent valuations, there are likely to be tax implications for any incoming investor/employee shareholder. Please contact us if you require tax advice in these circumstances.
Prepare ESS valuation under the ATO safe harbour guidelines