In general, valuation analysts apply economic, financial, and accounting analysis to determine the economic value of a business or asset ownership interest. They typically consider a variety of approaches and methods depending on the applicable context and standards, which can differ widely by the subject interest being valued, the purpose for the valuation, the legal jusrisdiction, and the appropriate standards governing entities. Valuation analysts are often engaged to provide opinions for purposes of internal corporate planning, investor due diligence, taxation compliance, regulatory compliance, mergers and acquisitions, insolvency analysis, and damages analysis or other litigation support.