Unit of competency Outline

Date retreived
22/07/2026 12:14 PM AWST

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Appraise business for sale

Appraise business for sale

Unit of competency
National Code
CPPREP4261
State Code
OAQ44
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
21/03/2019
View on TGA
State Implementation and Classification
Approved Date
03/06/2020
Field of Education
089903 - Valuation
Original Release Date
03/06/2020
Nominal Hours
35
Description
This unit specifies the skills and knowledge required to appraise a business for sale. It includes accessing and analysing market, business and financial data to determine an appraised price, and presenting a documented appraisal report to the client.The unit applies to industry professionals in real estate. State or territory licensing requirements may apply to this unit.
Notes
Elements and Performance Criteria
1. Obtain, interpret and confirm instructions.
  • 1.1 Confirm client requirements and instructions for business appraisal according to legislative requirements.
  • 1.2 Discuss agency requirements and processes for business appraisal with client.
  • 1.3 Confirm status and ownership of business to be appraised.
  • 1.4 Obtain agreement to proceed with business appraisal according to legislative requirements.
2. Conduct research to support business appraisal.
  • 2.1 Select and apply business appraisal methodology suitable to the business type and available information.
  • 2.2 Access and analyse required documents, reports and financial data for business being appraised.
  • 2.3 Access and analyse current market data and trends effecting sale of business being appraised.
  • 2.4 Verify accuracy and reliability of collated data and seek additional information according to appraisal methodology.
3. Complete business appraisal and present to client.
  • 3.1 Analyse research findings to ascertain final appraisal and record outcome according to agency requirements and client instructions.
  • 3.2 Prepare business appraisal report in an acceptable format, highlighting findings and rationale.
  • 3.3 Present report to client.
  • 3.4 Securely retain records and documentation according to agency requirements.
No information
No information
Replaces
State Code National Code Title Type
D1274 CPPDSM4029A Appraise business Unit of competency
D1350 CPPDSM5033A Merge or acquire a business Unit of competency
D1353 CPPDSM5038A Value a business Unit of competency
D1319 CPPDSM4079A Work in the business broking sector Unit of competency
State Code National Code Title Type
AD911 CPPSS00073 Business broking Skill set
BEH9 CPP41419 Certificate IV in Real Estate Practice Qualification