Is an electronic signature valid?

Yes when the four e-sign criteria are met: intent, consent, attribution, and retrievable record. Federal ESIGN (15 U.S.C. §7001) and state UETA laws establish enforceability, but exceptions such as wills and certain court filings still require traditional execution.

When is notarization required?

Notarization depends on state law and document purpose. Real estate deeds, some powers of attorney, and self-proving wills typically need notarization; remote online notarization may be accepted where authorized. Verify state notary rules with the Secretary of State.

Including PHI triggers HIPAA requirements and requires a Business Associate Agreement (BAA) with your eSignature vendor. HIPAA retention for records is six years (45 CFR §164.530(j)). Use HIPAA-compliant platforms and confirm a signed BAA before exchanging PHI.

How do I correct errors?

To correct material errors, prepare an amended Financial Statement of Value that references the original effective date, describes amendments and reasons, obtain signatures from authorized parties, and retain both versions plus audit logs for compliance and dispute defense.

Who is authorized to sign?

Authorized signatories include the asset owner, an authorized officer, or a designated agent with written delegation. For entities, use an officer with authority; for estates or trusts, the executor or trustee should sign. Capture proof of delegation with the record.

Are electronic copies admissible?

Yes. Electronic records and signatures are admissible under ESIGN (15 U.S.C. §7001) and state UETA laws when integrity and retention are demonstrable. Preserve audit trails and tamper-evident storage to support admissibility in audits or litigation.

Electronic Signature
Templates
Finance
Financial Statement of Value

Financial Statement of Value

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

FINANCIAL STATEMENT OF VALUE

Report Identification

Effective Date: Report Number:

Parties and Contact Information

Client Name Client Address Prepared By (Valuator)

Purpose, Scope and Standard of Value

Purpose of Valuation:

Standard of Value (select applicable): Fair Market Value Liquidation Value Replacement Cost Book Value

Valuation Summary

Total Stated Value: $ Currency:

Valuation Methodology Summary:

Itemized Schedule of Assets and Components

Provide each asset or component forming the basis of the total value. Provide supporting schedules for additional items.

Description	ID/Serial	Quantity	Unit Value	Total Value



Subtotal		$
Adjustments / Discounts		$
Tax / Fees		$
Total Value		$

Supporting Documentation

Attachments included (check all that apply): Invoices / Bills Photographs Purchase Documents Other

Assumptions, Limiting Conditions and Certifications

The Valuator certifies that the valuation set forth in this Financial Statement of Value is provided in accordance with the stated Standard of Value and represents the Valuator's professional opinion as of the Effective Date. The Valuator's conclusions are based upon information provided by the Client and other sources believed reliable, but the Valuator assumes no responsibility for the accuracy or completeness of such information beyond reasonable verification procedures undertaken in the scope of this engagement.

The Valuator discloses the following specific assumptions and limiting conditions: valuation applies only to the items specifically identified; intangible factors, contingent liabilities, or subsequent events not disclosed to the Valuator may materially affect value; no appraisal or opinion is rendered for tax, regulatory, or litigation purposes unless expressly stated. Reliance by third parties is permitted only with prior written consent of the Valuator. Liability for negligence, errors, or omissions is limited to the fee paid for this engagement except as otherwise required by applicable law.

Additional Notes / Terms

Acknowledgment

By signing below, the Client acknowledges receipt of this Financial Statement of Value and affirms that the information provided to the Valuator is, to the Client's knowledge, complete and accurate as of the Effective Date. The Client understands the assumptions and limiting conditions and accepts the Valuator's stated limitations on reliance and liability.

Prepared By:

By:

Date:

Client Acknowledgment:

By:

Date:

What the Financial Statement of Value Is and when it’s used

The Financial Statement of Value is a formal document that summarizes an asset or portfolio’s estimated monetary worth as of a stated effective date. It aggregates appraisals, comparable transactions, income and expense histories, and the valuation methods used to reach a clear net value. The statement identifies assumptions, limitations, and the preparer’s qualifications so recipients — lenders, buyers, auditors, or regulators — can assess reliability and evidentiary sufficiency for financial, tax, insurance, or transactional decisions.

Why a clear Financial Statement of Value matters

A concise Financial Statement of Value establishes a defensible valuation basis, reduces ambiguity for counterparties, and documents methods and sources. It supports lending, M&A, tax reporting, and insurance claims by clarifying assumptions and providing a single record that auditors and reviewers can rely on when assessing value and risk.

Who typically prepares and relies on this document

Financial analysts, certified appraisers, loan officers, business owners, and legal professionals commonly prepare or request a Financial Statement of Value.

Lenders and banks assessing collateral quality for credit approvals and ongoing risk monitoring.
Business buyers and sellers documenting valuation in mergers, acquisitions, and sale negotiations.
Insurance adjusters, tax professionals, and auditors verifying declared values for claims and compliance.

The level of documentation and the intended recipients depend on transaction size, regulatory needs, and whether the report will support lending, tax, insurance, or sale processes.

Step-by-step: preparing a Financial Statement of Value

Follow these steps to prepare and deliver a reliable Financial Statement of Value for transactional or reporting purposes.

01

Gather Data: Collect appraisals, financials, comps, and supporting documents.
02

Choose Method: Select income, market, or cost approach and document assumptions.
03

Compute Value: Calculate value, apply adjustments, and reconcile results.
04

Prepare Report: Write conclusions, cite sources, state limitations and effective date.

Configuring an online workflow for delivery and retention

Configure an online workflow to collect signatures, attach evidence, and capture an audit trail for the Financial Statement of Value.

Field	Configuration
Recipient Order	Specify signing sequence and notification rules.
Authentication	Email link by default; SMS or KBA optional for higher assurance.
Attachments	Attach appraisal reports, comparables, and financial schedules as PDF.
Retention	Set automatic archival and export formats (PDF/A recommended).

Typical eSubmission flow for an electronic Financial Statement of Value

Typical eSubmission flow for a Financial Statement of Value, from upload to final audit trail and distribution.

Upload: Sender uploads finalized valuation document.
Tag Fields: Add signature, date, and optional initial fields for each party.
Authenticate: Choose email, SMS, or stronger ID verification per policy.
Complete: Signed copies and certificate of completion are generated automatically.

Platform capabilities to support secure eSubmission

Ensure your platform supports PDF, DOCX, and Excel imports, and maintains secure TLS/AES encryption during eSubmission processes.

Formats: PDF, DOCX, and Excel supported.
Security: TLS 1.2/1.3 in transit, AES-256 at rest.
Integrations: Salesforce, Microsoft 365, NetSuite, Google Workspace.

Key timelines to watch when preparing or delivering the statement

Key timelines affect the preparation, delivery, and retention of a Financial Statement of Value and should be tracked from the effective date forward.

Effective Date:

Enter MM/DD/YYYY; valuation conclusions reference this date.

Delivery Window:

Provide to recipient within 30 days of effective date unless contract specifies otherwise.

Underwriting Review:

Allow sufficient time for lender review; typical review takes 1–2 weeks.

Audit Requests:

Retain originals and attachments for audit access per retention policy.

Tax Reporting:

Provide valuation support when reporting gains or basis; supply on request.

Common risks and consequences of inaccurate statements

Inaccurate Value: May lead to creditor rejection.

Tax Risk: IRS may disallow basis adjustments.

Regulatory Audit: Insufficient documentation triggers audits.

Legal Exposure: Potential for contract disputes.

Professional Liability: Valuer may face malpractice claims.

Operational Delay: Missing attachments delay approvals.

Security and compliance safeguards to include with the statement

Encryption: TLS 1.2/1.3 in transit; AES-256 at rest.

Certifications: ISO 27001 and SOC 2 Type II.

HIPAA: HIPAA-compliant with BAA available.

Audit Trail: Timestamp, IP, and action history retained.

Access Controls: SSO, role-based permissions, and MFA.

Data Privacy: GDPR and CCPA compliance frameworks.

eSignature plan comparison for Financial Statement of Value workflows

Comparison of common eSignature plans and features that affect preparation and distribution of a Financial Statement of Value.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies	Varies	Varies	Varies
Bulk Send	Yes	Yes	Yes	Yes	No
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No
Envelope Cap	No cap	100 envelopes/user/year	Varies	Varies	Varies

Frequently asked questions about Financial Statement of Value execution

Answers to common legal, technical, and procedural questions encountered when preparing, signing, and storing a Financial Statement of Value.

Need help? Contact support

Is an electronic signature valid?
Yes when the four e-sign criteria are met: intent, consent, attribution, and retrievable record. Federal ESIGN (15 U.S.C. §7001) and state UETA laws establish enforceability, but exceptions such as wills and certain court filings still require traditional execution.
When is notarization required?
Notarization depends on state law and document purpose. Real estate deeds, some powers of attorney, and self-proving wills typically need notarization; remote online notarization may be accepted where authorized. Verify state notary rules with the Secretary of State.
Can PHI be included?
Including PHI triggers HIPAA requirements and requires a Business Associate Agreement (BAA) with your eSignature vendor. HIPAA retention for records is six years (45 CFR §164.530(j)). Use HIPAA-compliant platforms and confirm a signed BAA before exchanging PHI.
How do I correct errors?
To correct material errors, prepare an amended Financial Statement of Value that references the original effective date, describes amendments and reasons, obtain signatures from authorized parties, and retain both versions plus audit logs for compliance and dispute defense.
Who is authorized to sign?
Authorized signatories include the asset owner, an authorized officer, or a designated agent with written delegation. For entities, use an officer with authority; for estates or trusts, the executor or trustee should sign. Capture proof of delegation with the record.
Are electronic copies admissible?
Yes. Electronic records and signatures are admissible under ESIGN (15 U.S.C. §7001) and state UETA laws when integrity and retention are demonstrable. Preserve audit trails and tamper-evident storage to support admissibility in audits or litigation.

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