Financial Valuation: Applications and Models provides authoritative reference and practical guidance on the appropriate, defensible way to prepare and present business valuations. With contributions by 30 top experts in the field, this new edition provides an essential resource for those seeking the most up-to-date guidance, with a strong emphasis on applications and models. Coverage includes state-of-the-art methods for the valuation of closely-held businesses, nonpublic entities, intangible, and other assets, with comprehensive discussion on valuation theory, a consensus view on application, and the tools to make it happen. This new edition had updated coverage on: S Corps Discounts for lack of marketability Cost of capital resources and applications Report writing Individual vs. corporate tax rates Depositions and trials Capitalized cash flow vs. discounted cash flow methods Packed with examples, checklists, and models to help navigate a valuation project, this book also provides hundreds of expert tips and best practices in clear, easy-to-follow language. The companion website provides access to extensive appendix materials, and the perspectives of valuation thought-leaders add critical insight throughout each step of the process.

This workbook is needed because it cuts the learning curve in half for the novice and assists experienced practitioners to better organize their valuation process. It is organized in standard recognized and easily identified sections that are quickly accessible. It can be used as a companion workbook to all general valuation books. It is an organized resource for checklists, reports, information requests and other tools to assist valuation practitioners in organizing their engagements. The workbook follows the valuation engagement format and covers the intricacies of a valuation. Tools including checklists and flowcharts and are included in each section. It includes over 300 exercises organized by major areas to increase the learning process. This workbook has updated sections on S Corps, discounts for lack of marketability, cost of capital resources and applications, report writing, individual vs. corporate tax rates, depositions and trials, and capitalized cash flow vs. discounted cash flow methods.