Financial Valuation, + Website: Applications and Models (Wiley Finance) - Hardcover

Hitchner, James R.

Hardcover

ISBN 10: 1119286603 ISBN 13: 9781119286608

Publisher: Wiley, 2017

Synopsis

A practically-focused resource for business valuation professionals

Financial 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 applications

The 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.

About this title

From the Back Cover

Financial Valuation

Applications and Models

Fourth Edition

Assembled by valuation authority James Hitchner, Financial Valuation: Applications and Models (FVAM) brings together 30 of the country's top practitioners to analyze, explain, and collaborate on the most effective valuation procedures, demonstrating real-world applications in the field of financial valuation. This text is the first time such a large group of diverse practitioners has been assembled to agree on the application of valuation principles and methods. There is no other text like this.

FVAM is an all-encompassing valuation text that presents the application of financial valuation theory in an easily understood manner. Although valuation theory is thoroughly discussed, the focus is on applications, models, and methods. FVAM contains numerous examples and methods that will assist the reader in navigating a valuation project.

Since its debut in 2003, Financial Valuation: Applications and Models, now in its fourth edition, has increasingly become the go-to source for business valuation education. It currently serves as the primary text in several university courses throughout the country and is the basis for both the American Institute of Certified Public Accountants five-day national business valuation school and the National Association of Certified Valuators and Analysts three-day advanced business valuation course.

The book is a primary source for researching controversial topics. Comprehensive in coverage and respected for its content, Financial Valuation: Applications and Models provides trusted, complete business valuation information for CPAs, appraisers, analysts, attorneys, and corporate executives.

Coauthors: R. James Alerding · Rosanne J. Aumiller · Jeff Balcombe · Neil J. Beaton · Melissa Bizyak · Marcie D. Bour · James T. Budyak · Carol Carden · Stacy Preston Collins · Larry R. Cook · Don M. Drysdale · Edward J. Dupke · Jay E. Fishman · Chris Hamilton · Thomas E. Hilton · James R. Hitchner · Vincent M. Kickirillo · Mark G. Kucik · Eva M. Lang · Harold G. Martin Jr. · Edward F. Moran Jr. · Raymond E. Moran · Katherine E. Morris · Shannon P. Pratt · Ronald L. Seigneur · Stacey Udell · Samuel Y. Wessinger · Richard M. Wise · Donald P. Wisehart · Kevin R. Yeanoplos

From the Inside Flap

In today's complex, global marketplace, accurate and useful business valuation depends on clear guidance supported by a delineated framework, and Financial Valuation is the rock-solid solution professionals have turned to for over 13 years. This authoritative reference assembles 30 accomplished thought leaders to present the most up-to-date guidance, applications, and models for valuing closely held businesses, nonpublic entities, intangibles, and other assets. This one-stop resource offers all you need for success in the real world, including convenient, practical "ValTips" for getting to the bottom of controversial issues. Proceed with confidence knowing your Fourth Edition has all the latest information you need, such as brand-new:

• Thinking and research on risk premiums, beta, and data sources related to cost of capital/rates of return
• Methods and data sources for valuing companies outside the United States
• Presentation of a complete valuation report that is compliant with the business valuation standards of the AICPA (SSVS), ASA, IBA, NACVA, and USPAP
• Quantitative models for determining a discount for lack of marketability and using restricted stock transaction data
• Guidance on calculating fair market compensation in the healthcare industry and other industries
• New thoughts and applications for valuing pass-through entities

Complete with a robust companion website providing supplementary material for further insights, Financial Valuation: Applications and Models, Fourth Edition, is the essential component to help perfect every valuation.

Edition details

• Publisher: Wiley
• Publication date: 2017
• ISBN 10: 1119286603
• ISBN 13: 9781119286608
• Binding: Hardcover
• Language: English
• Edition number: 4
• Number of pages: 1296