A complete toolkit for financial valuators to help keep their engagements on-track and on-time
In the newly revised fifth edition of Financial Valuation Workbook: Step-by-Step Exercises and Tests to Help You Master Financial Valuation, veteran valuation expert James R. Hitchner delivers a comprehensive collection of checklists, reports, information request templates, and other tools designed to assist valuation practitioners in the organization of their engagements. In the book, you'll find intuitively organized materials that cut the learning curve for newly minted valuation professionals in half.
The tools contained within follow the standard valuation engagement format and track the intricacies of the typical valuation assignment. Over 300 exercises - organized by major subject - are included to assist with the learning process. You'll also find: - Updated sections on S-corps, discounts for lack of marketability, and cost of capital resources and applications - Report writing aids, discussions of individual vs. corporate tax rates, and guides for engaging in depositions and trials as an expert witness - Materials designed to assist with the difference between capitalized cash flow and discounted cash flow methods
Perfect for business valuation analysts and expert witnesses, Certified Public Accountants, and appraisers, the Financial Valuation Workbook will also be an indispensable resource for attorneys working with financial valuation experts as they aim to keep their engagements on-track, on-time, and on-budget.
In the newly revised fifth edition of Financial Valuation Workbook: Step-by-Step Exercises and Tests to Help You Master Financial Valuation, veteran valuation expert James R. Hitchner delivers a comprehensive collection of checklists, reports, information request templates, and other tools designed to assist valuation practitioners in the organization of their engagements. In the book, you'll find intuitively organized materials that cut the learning curve for newly minted valuation professionals in half.
The tools contained within follow the standard valuation engagement format and track the intricacies of the typical valuation assignment. Over 300 exercises - organized by major subject - are included to assist with the learning process. You'll also find: - Updated sections on S-corps, discounts for lack of marketability, and cost of capital resources and applications - Report writing aids, discussions of individual vs. corporate tax rates, and guides for engaging in depositions and trials as an expert witness - Materials designed to assist with the difference between capitalized cash flow and discounted cash flow methods
Perfect for business valuation analysts and expert witnesses, Certified Public Accountants, and appraisers, the Financial Valuation Workbook will also be an indispensable resource for attorneys working with financial valuation experts as they aim to keep their engagements on-track, on-time, and on-budget.
Table of Contents
Preface ix
Acknowledgments xi
About the Author xiii
CHAPTER 1 Valuation Case Study Exercises 1
1.14 Addendum: Discount Case Study Exercises 90
CHAPTER 2 Valuation Case Study Exercises: Solutions and Explanations 93
2.1 Addendum: Discount Case Study Exercises 127
CHAPTER 3 Financial Valuation Applications and Models Companion Exercises and Test Questions 129
Answer Grid 173
CHAPTER 4 ValTips 183
CHAPTER 5 Income Approach Valuation Process Flowchart 223
CHAPTER 6 Marketing, Managing, and Making Money in Valuation Services 233
CHAPTER 7 Practice Management Workflow Procedures 259
CHAPTER 8 Checklists 313
About the Website 435
Index 437
