Buy The Professional's Guide to Fair Value - Bookswagon
Book 1
Book 2
Book 3
Book 1
Book 2
Book 3
Book 1
Book 2
Book 3
Book 1
Book 2
Book 3
Home > Business and Economics > Finance and accounting > Accounting > The Professional's Guide to Fair Value: The Future of Financial Reporting(567 Wiley Corporate F&A)
The Professional's Guide to Fair Value: The Future of Financial Reporting(567 Wiley Corporate F&A)

The Professional's Guide to Fair Value: The Future of Financial Reporting(567 Wiley Corporate F&A)


     0     
5
4
3
2
1



Out of Stock


Notify me when this book is in stock
X
About the Book

An all-encompassing guide to the elements and basics of fair value With the important role fair value is playing in the creation of a converged set of global accounting standards, demand for products in this category is growing spectacularly. The elements and basics of fair value are covered, including risk, dealing with the SEC, and details on legal responsibility. In addition, sample financial statements are included, along with tables, recommended applicable techniques, and management checklists for those who are responsible for preparing and approving of financial statements. Written by the Chairman and co-CEO of the International Association of Consultants, Valuators and Analysts (IACVA) Includes sample financial statements of both U.S. and foreign companies Appropriate for anyone involved professionally with finance—managers, accountants, investors, bankers, instructors, and students—The Professional's Guide to Fair Value is a reliable reference on the ins and outs of fair value financial disclosure.

Table of Contents:
Preface xi Acknowledgments xv Chapter 1: Significance of Value 1 Business Uses for Valuation 2 Mergers and Acquisitions 2 Financial Reporting 3 Investment Bankers versus Valuators 8 Valuation Requirements 8 Litigation Risks 9 Ten Commandments of Valuation 10 Chapter 2: Fair Value Concept 13 Relevant Pronouncements 14 Definitions 14 Market Participants 15 Fair Value Accounting 16 Revaluation under IFRS 16 Other Types of Value 17 Valuation Principles 19 Reporting and Cash-Generating Units 20 Chapter 3: Fair Value Framework 21 Stage 1: Determine the Unit of Account 22 Stage 2: Evaluate the Premise of Value 24 Stage 3: Assess the Principal Market 29 Stage 4: Establish the Most Advantageous Market 30 Stage 5: Select Appropriate Valuation Methods 33 Stage 6: Estimate Fair Value Conclusions 37 Chapter 4: Taming the Future 41 Definitions 42 Effect of Market Participants’ Assumptions 43 Scenario Analysis 45 Scenario Implications 49 Chapter 5: Projecting What Is to Come 53 Base the Future on the Past 54 The Truth Is in the Parts 56 Avoid Unnecessary Risks 59 Garbage In, Garbage Out 63 Believable and Likely Conclusions 66 Quality of Earnings 67 Conclusion 68 Chapter 6: The Market Approach to Fair Value 69 Nature of Markets 70 Classifying Assets 72 Comparable Transactions 74 Guideline Entities 76 Guideline Entities Example 79 Licensed Asset Example 82 Conclusion 84 Chapter 7: The Cost Approach to Fair Value 85 Current Replacement Cost 85 Deductions 87 Integrating the Factors 90 Residual Value 92 Useful Lives 92 Valuing Intangible Assets by the Cost Approach 97 Conclusion 103 Chapter 8: The Income Approach to Fair Value 105 Capitalization Methods 106 Income Approach—Discounting 110 Terminal Amounts 115 Application to Intangible Assets 116 Chapter 9: Sources of Value—Profits 121 Structure of Businesses 121 Innovation 122 DuPont Analyses 129 Chapter 10: Sources of Value—Risks 135 Reducing Risks 136 Continual Monitoring and Testing 136 Dealing with Biases 138 Risk Rate Component Model 139 Intellectual Capital Value Drivers 146 Conclusion 147 Chapter 11: Valuing Liabilities 149 Liabilities Transferred Rather Than Settled 150 Asset Retirement Obligations 157 Contingent Liabilities 158 Chapter 12: Business Combinations 161 Do Mergers Pay Off? 162 Why Merge? 163 Determination of Synergies 166 Intrinsic and Investment Values 167 Quantification 167 Chapter 13: Purchase Price Allocation 173 Stage 1: Determine the Acquirer 174 Stage 2: Establish the Consideration’s Fair Value 176 Knowledge of the Industry 178 Stage 3: Identify All the Items Involved 180 Stage 4: Select Appropriate Valuation Techniques 188 Stage 5: Estimate Fair Values and Reconcile Rates of Return 190 Conclusion 192 Chapter 14: Impairment 193 Reporting Units 194 Cash-Generating Units 196 Goodwill 197 Allocations 198 GAAP Long-Lived Assets Impairment Test 198 IFRS Impairment Test 200 GAAP Goodwill Impairment Test 202 Chapter 15: The Auditor’s Blessing 207 Auditing Fair Values 208 Conclusion 220 About the Author 221 Index 223

About the Author :
James P. Catty has been engaged in business valuations around the world for more than fifty years and has undertaken speaking engagements in China, Germany, Romania, Taiwan, Turkey, the U.K., and the U.S. He is Chairman of the International Association of Consultants, Valuators and Analysts (IACVA); President of Corporate Valuation Services Limited (CVS), Toronto; and of counsel to Hanlin Moss, PS in Seattle, Washington, and Xi'an, China. Catty is the author of the Wiley Guide to Fair Value under IFRS.


Best Sellers


Product Details
  • ISBN-13: 9781118185421
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: John Wiley & Sons Inc
  • Language: English
  • Series Title: 567 Wiley Corporate F&A
  • ISBN-10: 1118185420
  • Publisher Date: 10 Jan 2012
  • Binding: Digital (delivered electronically)
  • No of Pages: 256
  • Sub Title: The Future of Financial Reporting


Similar Products

Add Photo
Add Photo

Customer Reviews

REVIEWS      0     
Click Here To Be The First to Review this Product
The Professional's Guide to Fair Value: The Future of Financial Reporting(567 Wiley Corporate F&A)
John Wiley & Sons Inc -
The Professional's Guide to Fair Value: The Future of Financial Reporting(567 Wiley Corporate F&A)
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

The Professional's Guide to Fair Value: The Future of Financial Reporting(567 Wiley Corporate F&A)

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    Fresh on the Shelf


    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!