Business Valuation Body of Knowledge Workbook

Pirmais vāks
John Wiley & Sons, 2003. gada 17. jūn. - 192 lappuses
Sample exam questions and updated information on the latest developments in the field for valuation candidates and professionals
  • Includes questions and exercises that typically appear on accreditation exams
  • Covers the most frequently encountered errors on reports and in examinations
  • Reflects the latest business valuation developments, viewpoints, court case references, and data resources
  • Contains hundreds of multiple-choice and true/false questions, short problems, and fill-in-the-blank questions
  • Includes eight hours of CPE credit through a self-study examination

A companion to Shannon Pratt’s Business Valuation Body of Knowledge, Second Edition or a stand-alone resource, the Business Valuation Body of Knowledge Workbook, Second Edition keeps ABV, ASA, CBA, and CVA candidates and current practitioners up to speed on the latest developments in this constantly changing discipline.

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Section Two Answers
87
CPE SelfStudy Examination
137
Index
153
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138. lappuse - CCH is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 1 50 Fourth Avenue North, Suite 700, Nashville, TN 3721 9-241 7.
7. lappuse - Fair value" means the value of the corporation's shares determined: (i) immediately before the effectuation of the corporate action to which the shareholder objects; (ii) using customary and current valuation concepts and techniques generally employed for similar businesses in the context of the transaction requiring appraisal; and...
77. lappuse - Valuation of securities is, in essence, a prophesy as to the future and must be based on facts available at the required date of appraisal. As a generalization, the prices of stocks which are traded in volume in a free and active market by informed persons best reflect the consensus of the investing public as to what the future holds for the corporations and industries represented. When...
15. lappuse - ... single amount. Intangible Assets Nonphysical assets such as franchises, trademarks, patents, copyrights, goodwill, equities, mineral rights, securities, and contracts (as distinguished from physical assets) that grant rights and privileges, and have value for the owner. * Internal Rate of Return A discount rate at which the present value of the future cash flows of the investment equals the cost of the investment. * Intrinsic Value The value that an investor considers, on the basis of an evaluation...
vii. lappuse - Administration in the Joseph M. Katz Graduate School of Business at the University of Pittsburgh.
vi. lappuse - Corp., an investment banking firm. Over the last 35 years, Dr. Pratt has performed valuation engagements for mergers and acquisitions, employee stock ownership plans (ESOPs), fairness opinions, gift and estate taxes, incentive stock options, buy-sell agreements, corporate and partnership dissolutions, dissenting stockholder actions, damages, marital dissolutions, and many other business valuation purposes. He has testified in a wide variety of federal and state courts across the country and frequently...
111. lappuse - Critique 1. c 2. c 3. d 4. b 5. a 6. a 7. d 8.
46. lappuse - Net worth is simply the difference between the value of the assets and the value of the liabilities.
49. lappuse - formula" approach, the average earnings period and the capitalization rates are dependent upon the facts pertinent thereto in each case. The past earnings to which the formula is applied should fairly reflect the probable future earnings. Ordinarily, the period should not be less than five years, and abnormal years, whether above or below the average, should be eliminated. If the business is a sole proprietorship or partnership there should be deducted from the earnings of the business a reasonable...

Par autoru (2003)

Shannon P. Pratt, CFA, FASA, MCBA, CM&AA, is the Chairman and CEO of Shannon Pratt Valuations, Inc. a premier business valuation firm located in Portland, Oregon, and is the founder and Editor Emeritus of Business Valuation Resources, LLC. Over a distinguished career of close to four decades, he has performed valuation engagements for M&A, ESOPs, gift and estate taxation, marital dissolution, shareholder oppression and dissent, and numerous other purposes. He has conducted numerous fairness and solvency opinions, has testified in a wide variety of federal and state courts across the country, and frequently participates in arbitration and mediation proceedings. Dr. Pratt is one of the most successful and respected authors in his field. He is the author or coauthor of several industry standards, including Valuing a Business: The Analysis and Appraisal of Closely Held Companies, Valuing Small Businesses and Professional Practices, The Market Approach to Valuing Businesses, Standards of Value, Business Valuation and Taxes, The Lawyer's Business Valuation Handbook, and Cost of Capital.

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