Includes bibliographical references (pages 331-335) and index.
Business valuation engagement environment. Business valuation legal and regulatory environment -- Business valuation professional environment -- Business valuation engagement -- Litigation service engagements -- Terminology and notation. International glossary of valuation terms -- Notation system used in this book -- Valuation approaches and methods. Overview of valuation approaches and methods -- Income approach : cost of capital -- Income Approach : the discounting method -- Income approach : capitalization method -- Market approach : guideline public company method -- Market approach : guideline merger and acquisition method -- Prior transactions, offers and buy/sell agreements -- Adjusted (net) asset method -- Excess earnings method -- Discounts and premiums -- Reconciliation and value conclusion -- Analysis of the company. Financial statement analysis -- Using economic and industry data -- Site visits and interviews -- Supporting data. Sources of supporting data -- Sample case. Sample Case : Shannon's bull market -- Valuations for specific purposes. Tax-related valuations -- Employee stock ownership plans (ESOPs) -- Shareholder buyouts and disputes -- Marital dissolutions.
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* Written by Shannon Pratt, one of the leading gurus in the business valuation field.* Case study approach includes problems, solutions, and over 100-multiple-choice test questions.* A reference and review of the core body of knowledge for those who need a grasp on business valuation even though they might not be seeking a professional designation.