Financial Valuation, + Website - Applications and Models

Informationen zum Autor JAMES R. HITCHNER, CPA/ABV/CFF, ASA, is Managing Director of Financial Valuation Advisors, Inc., President of The Financial Consulting Group, and CEO of Valuation Products and Services. He has thirty-seven years of valuation experience. He is editor in chief of Financial Valuation and Litigation Expert journal. Mr. Hitchner is editor/coauthor of Financial Valuation Workbook, Fourth Edition; A Consensus View Q&A Guide to Financial Valuation; Valuation for Financial Reporting: Fair Value, Business Combination, Intangible Assets, Goodwill and Impairment Analysis, Third Edition; and coauthor of PPC's Guide to Business Valuations. He has provided testimony on valuations in numerous state and federal courts. An inductee in the AICPA Business Valuation Hall of Fame, he is one of the four members of the original AICPA Business Valuation Standards Writing Task Force, on which he served for six years, until the June 2007 official release of the standards. Klappentext A practically-focused resource for business valuation professionalsFinancial Valuation: Applications and Models provides authoritative reference and practical guidance on the appropriate, defensible way to prepare and present business valuations. With contributions by 30 top experts in the field, this new fourth edition provides an essential resource for those seeking the most up-to-date guidance, with a strong emphasis on applications and models. Coverage includes state-of-the-art methods for the valuation of closely-held businesses, nonpublic entities, intangible, and other assets, with comprehensive discussion on valuation theory, a consensus view on application, and the tools to make it happen. Packed with examples, checklists, and models to help you navigate your valuation project, this book also provides hundreds of expert "tips" and best practices in clear, easy-to-follow language. The companion website provides access to extensive appendix materials, and the perspectives of valuation thought-leaders add critical insight throughout each step of the process.Valuation is an important part of any organization's overall financial strategy, and seemingly-small inaccuracies or incomplete assessments can have big repercussions. This book walks you through the valuation process to give you the skills and understanding you need to get it done right.* Learn best practices from 30 field-leading experts* Follow clear examples for complex or unfamiliar scenarios* Access practical tools that streamline the valuation process* Understand valuation models and real-world applicationsThe business valuation process can become very complex very quickly, and there's no substitute for clear guidance and a delineated framework in the run-up to completion. Get organized from the beginning, and be systematic and methodical every step of the way. Financial Valuation: Applications and Models is the all-encompassing, expert guide to business valuation projects. Zusammenfassung A practically-focused resource for business valuation professionalsFinancial Valuation: Applications and Models provides authoritative reference and practical guidance on the appropriate, defensible way to prepare and present business valuations. With contributions by 30 top experts in the field, this new fourth edition provides an essential resource for those seeking the most up-to-date guidance, with a strong emphasis on applications and models. Coverage includes state-of-the-art methods for the valuation of closely-held businesses, nonpublic entities, intangible, and other assets, with comprehensive discussion on valuation theory, a consensus view on application, and the tools to make it happen. Packed with examples, checklists, and models to help you navigate your valuation project, this book also provides hundreds of expert "tips" and best practices in clear, easy-to-follow language. The companion website provides acc...

List of contents

CHAPTER 1 Introduction to Financial Valuation 1
 
CHAPTER 2 Standards of Value 29
 
CHAPTER 3 Research and Its Presentation 59
 
CHAPTER 4 Financial Statement and Company Risk Analysis 77
 
CHAPTER 5 Income Approach 117
 
CHAPTER 6 Cost of Capital/Rates of Return 185
 
CHAPTER 7 International Cost of Capital 271
 
CHAPTER 8 Market Approach 291
 
CHAPTER 9 Asset Approach 343
 
CHAPTER 10 Valuation Discounts and Premiums 391
 
CHAPTER 11 Report Writing 495
 
CHAPTER 12 Business Valuation Standards 583
 
CHAPTER 13 Valuation of Pass-Through Entities 607
 
CHAPTER 14 Estate, Gift, and Income Tax Valuations 681
 
CHAPTER 15 Valuation of Family Limited Partnerships 725
 
CHAPTER 16 Summary of Tax Court Case Valuation Issues 779
 
CHAPTER 17 Shareholder Disputes 783
 
CHAPTER 18 Employee Stock Ownership Plans 801
 
CHAPTER 19 Valuation in the Divorce Setting 831
 
CHAPTER 20 Valuation Issues in Small Businesses 853
 
CHAPTER 21 Valuation Issues in Professional Practices 867
 
CHAPTER 22 Reasonable Compensation 889
 
CHAPTER 23 The Valuator as Expert Witness 911
 
CHAPTER 24 Fair Value Measurement and the Valuation of Intangible Assets 931
 
CHAPTER 25 Marketing, Managing, and Making Money in a Valuation Services Group 1007
 
CHAPTER 26 Business Damages 1009
 
CHAPTER 27 Other Valuation Service Areas 1043
 
CHAPTER 28 Valuation of Healthcare Service Businesses 1047
 
CHAPTER 29 Determination of Compensation in the Healthcare Industry 1089
 
CHAPTER 30 Special Industry Valuations 1099
 
CHAPTER 31 Valuation Views and Controversial Issues: An Illustration 1179
 
Index 1229

Product details

• Authors: James R Hitchner, James R. Hitchner, Jr Hitchner, Hitchner James R.
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 20.06.2017
• EAN: 9781119286608
• ISBN: 978-1-119-28660-8
• No. of pages: 1296
• Series: Wiley Finance Editions; Wiley Finance; Wiley Finance Editions
• Subjects: Social sciences, law, business > Business > Business administration; Rechnungswesen, Bewertung, Accounting, Valuation