Independence statement.
Independence is not a policy we mention; it is the thing that makes our reports worth commissioning. This is how we protect it, on every engagement. Last updated 3 July 2026.
Why independence is the whole point
A valuation is only worth what its independence makes it worth. Where a value supports a tax position, a transaction or a dispute, a number prepared by someone with an interest in the outcome is weak evidence — and the ATO, a court or the other side will treat it that way. Prismi exists to provide the opposite: an independent, evidence-led valuation that holds up because the person who prepared it had no stake in where it landed.
Fees fixed at engagement, never contingent on the outcome
Every engagement is a fixed fee, agreed in writing before any work begins. The fee never depends on the concluded value, on the tax saved, or on a transaction completing. A valuer whose fee moves with the answer has an incentive problem; fixing the fee at engagement removes it. This is the single most important protection of our independence, and it is not negotiable.
No financial interest in the result
Prismi holds no interest in the assets, entities or transactions it values, earns no commission or success fee, and has no arrangement that rewards a particular conclusion. We do not pay referral fees to accountants, lawyers or anyone else, and we do not accept them — a payment for the referral would compromise the independence that makes the report defensible.
The conclusion is the evidence’s, not the client’s
We identify the most supportable valuation position the evidence allows, and we conclude there — whether that suits the client or not. Where the evidence supports a more favourable position, we identify it and document why. Where it requires a more conservative one, we report that. If a client asks us to work toward a predetermined number, we say so and decline the engagement on those terms.
Signed, documented and retained
Every report is prepared with the ATO’s market valuation expectations, International Valuation Standards (IVS 104) and APES 225 Valuation Services in mind, and is signed by a senior reviewer under an independence statement. The methodologies tested, the evidence relied on and the assumptions made are documented so the process behind the number can be shown, and the complete working file is retained for ten years.
What we do not do
Prismi prepares independent valuations only. We are not a registered tax agent and do not provide tax, legal or financial-product advice — the application of a value to your client’s tax position, structure or matter stays with their accountant or lawyer. We provide the independent valuation evidence; they provide the advice.