The only book to focus on valuation specifically for mergers and acquisitions, Valuation For M&A: Building Value in Private Companies, Second Edition lays out the steps for measuring and managing value creation in privately held businesses. This groundbreaking work led directly to authors Chris M. Mellen and Franck C. Evans being named the joint 2010 AM&AA Middle Market Thought Leader of the Year by the Alliance of Merger & Acquisition Advisors, and its thorough overview of the subject:Recognizes a company as an investment and explains how to manage that value to maximize shareholder returns, focusing on returns, risks, and capital invested Explains investment or strategic value versus fair market value and provides a document request checklist; sample interview questions; and formats for adjusting financial statements, developing discount rates, the computation of net cash flow; and a valuation reconciliation form Includes a comprehensive case study to illustrate concepts and calculations Now covers fair value accounting and the impact of SFAS Nos. 141, 142, and 157 and their IFRS counterparts, intangible asset valuation techniques, exit planning, international M&As, and venture backed/early stage companies
Showing corporate executives as well as M&A professionals and business appraisers how to value privately-held businesses for merger and acquisition purposes, this book helps investors, executives, and their advisors determine the optimum strategy to enhance both market value and strategic value to maximize return on investment.
Business valuation is one of the toughest classes in any business curriculum. And it's one of the most important. Master this critical topic, and you've removed a major obstacle standing between you and a 4.0, and taken a major step toward a successful career in business.
Breaking down business valuation methods into easy-to-digest parts, this self-teaching guide provides all the skills you need to determine a company's worth--easily and accurately. Business Valuation DeMYSTiFieD offers expert insight from both buyers' and sellers' points of view and provides examples and exercises illustrating the concepts driving the practices.
This fast and easy guide features:In-depth coverage of the three main methods of valuing businesses: discounted cash flow, price multiple, and liquidation Easy-to-understand descriptions of financial ratios Tools and techniques for deciphering valuation reports, financial statements, and guidelines for specific businesses Chapter-ending practice exercises and a quiz for testing and reinforcing what you've learned
Simple enough for a beginner but challenging enough for a more advanced student, Business Valuation DeMYSTiFieD is your shortcut to building a solid foundation in this critical business topic.
Business Valuation and Bankruptcy helps you-whether youare an accountant dealing with a troubled company, a lender, aninvestor, a bankruptcy and restructuring lawyer/financial advisor,or a private equity player-to focus on solving everyday and casedeterminative disputes when creditors, lenders, and debtors havediffering views of value.
Introducing valuation issues early on in therestructuring/bankruptcy process so you can plan accordingly, thisbook offers
Business Valuation and Bankruptcy is written in termsthat are common to bankruptcy professionals and is essential,timely reading for players in the bankruptcy and restructuringenvironment.
Financial Valuation Workbook: Step-by-Step Exercises and Tests to Help You Master Financial Valuation, Edition 3
The resource that cuts the learning curve in half for valuationprofessionals
Now valuation professionals can master almost every function formost valuation situations. The Financial Valuation Workbook,Third Edition guides readers through a complete businessvaluation with essential tools for quick reference.Updated and expanded chapter on The Process of Preparing aValuation- Client Workflow Procedures from initial phone call todelivery of the reportExpanded case study and exercises with solutions andexplanationsOver 300 exercises organized by major areas to increase thelearning process
This Workbook is organized by standard, easilyidentifiable sections that allow for easy reference by allprofessionals.
An essential guide covering new federal regulatory reforms and federal financial issues
"Financial Institutions, Valuations, Mergers and Acquisitions, Third Edition" presents a new regulatory framework for financial institutions in the post-bailout era.Provides valuable guidance to assess risks, measure performance and conduct valuations processes to create shareholder valueCovers the protection of other stakeholders, including customers, regulators, government, and consumersOffers an up-to-date understanding of financial institutions, their challenges, and their opportunities in the post-Sarbanes-Oxley era
Over the past decade, substantial changes have taken place in the structure and range of products and services provided by the financial services industry. Get current coverage of these changes that have transformed both traditional organizations such as banks, thrifts, and insurance companies, as well as securities providers, asset management companies and financial holding companies with the up-to-the-minute coverage found in Financial Institutions, Valuations, Mergers and Acquisitions, Third Edition.
Real world applications and professional consensus by nationallyrecognized valuation experts
Filled with a wealth of detail, practice tips, and examples,Financial Valuation: Applications and Models, Third Editionbrings together thirty nationally recognized names in the valuationindustry hailing from a variety of professionalspecializations-including accounting, business appraisal, andfinancial analysis-to provide practitioners with an indispensablereference on various valuation issues. Assembled by valuationauthority James Hitchner, these contributors analyze, explain, andcollaborate on the most effective valuation procedures to sharereal-world applications in the field of financial valuations.Written by 30 top experts in business valuations fieldProvides the valuation theory, the consensus view onapplication, and then the tools to apply itAn all-encompassing valuation handbook that presents theapplication of financial valuation theory for business appraisersand consultantsNew chapters on Assessing Risk and Expert WitnessTestimonyExpands chapter on Cost of Capital
Comprehensive in coverage and authoritative in treatment, JamesHitchner's Financial Valuation, Third Edition providestrusted, complete business valuation information for CPAs,appraisers, analysts, attorneys, and corporate executives.
The one-volume intangible valuation library--from trusted authorities Robert Reilly and Robert Schweihs
When partnerships change hands, the valuation of intangible assets can be a financial maze. This in-depth book, working through each of the basic valuation approaches: cost, market, and income, provides professionals with complete guidelines and industry standards. It's a must-have for financial analysts and attorneys!
Valuation for Financial Reporting: Fair Value, Business Combinations, Intangible Assets, Goodwill and Impairment Analysis, Edition 3
Praise for Valuation for Financial Reporting, Third Edition
"Writing a book on financial reporting is a challenge in and of itself, let alone to focus on the shifting sands of valuation in financial reporting. Yet, Mard and company have done it again, and this time, it is even more user-friendly, easy to read, and topical. If you intend to wade into the swift currents of providing valuation services for financial reporting, you must have Valuation for Financial Reporting in your library or on your desk!" —Neil J. Beaton, CPA/ABV, CFA, ASA, National Partner in Charge of Valuation Services, Grant Thornton, LLP
"I really like the flowcharts. The authors take the complex world of fair value measurement for business combinations and convert it to easily understandable and usable flowcharts, worksheets, and checklists." —Gordon Goodman, Trading Control Officer, Occidental Petroleum, and member of the FASB Valuation Resource Group
"The comments on efficient markets and faithful representation in the first chapter were very (very) helpful and well written. Masterful! Great book and I look forward to adding it to the library!" —Robin E. Taylor, CPA/ABV, CFE, CVA, CBA, Dixon Hughes PLLC, and Chairman, AICPA Business Valuation Committee
Learn how to:Save for a down payment and prepare to borrowUnderstand credit reports and credit scoresDeal with banks, mortgage brokers, and online lendersRefinance a mortgageThe Everything Mortgage Book teaches you how lenders work, how different kinds of loans are structured, and what they're best for. You'll also learn which mortgage practices and loans you should avoid. Whether you have a great credit history or a poor one, you'll be able to get the best loan for your most important purchase-your home.
Lisa Holton is the author of How to be a Value Investor, The Essential Dictionary of Real Estate, and the Encyclopedia of Financial Planning. She is a contributing writer for the Financial Planning Association on consumer finance and retirement planning issues. Ms. Holton heads the Lisa Company, a writing, editing, and research firm. She lives in Evanston, IL.