Wiley Finance : Financial Valuation Workbook : Step-by-Step Exercises and Tests to Help You Master Financial Valuation (3rd Edition)

The resource that cuts the learning curve in half for valuation professionalsNow valuation professionals can master almost every function for most valuation situations. The Financial Valuation Workbook, Third Edition guides readers through a complete business valuation with essential tools for quick reference. Updated and expanded chapter on The Process of Preparing a Valuation- Client Workflow Procedures from initial phone call to delivery of the reportExpanded case study and exercises with solutions and explanationsOver 300 exercises organized by major areas to increase the learning process. � Read more... Abstract: The resource that cuts the learning curve in half for valuation professionals Now valuation professionals can master almost every function for most valuation situations. The Financial Valuation Workbook, Third Edition guides readers through a complete business valuation with essential tools for quick reference. � Read more... Financial Valuation Workbook 2 Contents 7 About the Authors 9 Acknowledgments 11 Preface 12 CHAPTER 1 Valuation Case Study Exercises 14 Addendum: Discount Case Study Exercises 63 CHAPTER 2 Valuation Case Study Exercises: Solutions and Explanations 66 Addendum: Discount Case Study Exercises 98 CHAPTER 3 Financial Valuation: Applications and Models, Companion Exercises and Test Questions 100 Answer Grid 144 CHAPTER 4 ValTips 154 CHAPTER 5 Income Approach Valuation Process Flowchart 188 CHAPTER 6 Marketing, Managing, and Making Money in Valuation Services 198 CHAPTER 7 Practice Management Workflow Procedures 224 CHAPTER 8 Checklists 278 8.1 Business Valuation or Real Estate Appraisal? 279 8.2 Key Information Requirements 280 8.3 Valuation Information Request (VIR) General 281 8.4 Valuation Information Request (VIR) Bank/Holding Company 287 8.5 Valuation Information Request (VIR) Eminent Domain 293 8.6 Valuation Information Request (VIR) Gas and Oil Rights 295 8.7 Valuation Information Request (VIR) High-Tech Business 297 8.8 Valuation Information Request (VIR) Professional Practice 300 8.9 Valuation Information Request (VIR) Medical Practice 303 8.10 Valuation Information Request (VIR) Construction Industry 305 8.11 Management Interview—Operations 311 8.12 Management Interview—Financial Review 315 8.13 Management Interview—Insurance Agency 318 8.14 Management Interview—Professional Practice 321 8.15 Management Interview—Medical Practice 323 8.16 Management Interview—Construction Industry 327 8.17 Valuation Information Request (VIR) Copyrights 333 8.18 Valuation Information Request (VIR) Customer Relationships 334 8.19 Valuation Information Request (VIR) In-Process Research and Development 335 8.20 Valuation Information Request (VIR) Know-How 336 8.21 Valuation Information Request (VIR) Patents 337 8.22 Valuation Information Request (VIR) Software 338 8.23 Valuation Information Request (VIR) Proprietary Process/Products Technology 339 8.24 Valuation Information Request (VIR) Trademark/Trade Name 340 8.25 Procedures for the Valuation of Intangible Assets 341 8.26 Royalty Factors 347 8.27 Management Interview—Patent Valuation 349 8.28 Revenue Ruling 59-60 351 8.29 Revenue Ruling 77-287: Valuation Checklist 357 8.30 Revenue Ruling 93-12: Valuation Checklist 362 8.31 Work Program 364 8.32 SSVS No. 1 Compliance Checklist—Valuation Engagement 367 8.33 SSVS No. 1 Compliance Checklist—Detailed Report (Valuation Engagement) 378 8.34 Review Checklist—Eminent Domain 386 8.35 Non-Appraiser’s Guide to Reviewing Business Valuation Reports 389 8.36 Auditor Review of Valuation for Financial Reporting 391 8.37 Fair Value Measurement Checklist 393 8.38 Fair Value Measurement Conclusions 397 Index 400 Exploring valuation theory, the consensus view on application, and the tools to apply it Financial Valuation workbook shows the appropriate way to prepare and present business valuations with a strong emphasis on applications and models. A wealth of examples, checklists, and models helps the reader understand the material and design real valuation projects-a must-have reference for all valuation professionals. A special section includes hundreds of short, concise valuation tips for quick guidance, and the author also includes a set of best practices designed by top professionals. Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management, asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise. James R. Hitchner, CPA, ABV, ASA (Atlanta, GA), is with Phillips Hitchner and the Financial Consulting Group. He has coauthored over ten books, taught over 100 courses, and published over twenty-five articles in the valuation field. He is also an inductee in the AICPA Business Valuation Hall of Fame. Financial Valuation: Applications and Models. Michael J. Mard, CPA/ABV, ASA is a managing director of The Financial Valuation Group (FVG) in Tampa, Florida.

The resource that cuts the learning curve in half for valuation professionals

Now valuation professionals can master almost every function for most valuation situations. The Financial Valuation Workbook, Third Edition guides readers through a complete business valuation with essential tools for quick reference.

• Updated and expanded chapter on The Process of Preparing a Valuation- Client Workflow Procedures from initial phone call to delivery of the report
• Expanded case study and exercises with solutions and explanations
• Over 300 exercises organized by major areas to increase the learning process

This Workbook is organized by standard, easily identifiable sections that allow for easy reference by all professionals.

The resource that cuts the learning curve in half for valuation professionals Now valuation professionals can master almost every function for most valuation situations. The Financial Valuation Workbook, Third Edition guides readers through a complete business valuation with essential tools for quick reference. Updated and expanded chapter on The Process of Preparing a Valuation- Client Workflow Procedures from initial phone call to delivery of the report Expanded case study and exercises with solutions and explanations Over 300 exercises organized by major areas to increase the learning process This Workbook is organized by standard, easily identifiable sections that allow for easy reference by all professionals. Content: Cover Series Title Page Copyright Dedication About the Authors Acknowledgments Preface Chapter 1: Valuation Case Study Exercises Chapter 2: Valuation Case Study Exercises: Solutions and Explanations Chapter 3: Financial Valuation: Applications and Models Companion Exercises and Test Questions Chapter 4: ValTips Chapter 5: Income Approach Valuation Process Flowchart Chapter 6: Marketing, Managing, and Making Money in Valuation Services Chapter 7: Practice Management Workflow Procedures Chapter 8: Checklists Index.