Determination of value : guidance on developing and supporting credible opinions /
| Κύριος συγγραφέας: | |
|---|---|
| Μορφή: | Ηλ. βιβλίο |
| Γλώσσα: | English |
| Έκδοση: |
Hoboken, New Jersey :
John Wiley & Sons, Inc.,
[2013]
|
| Σειρά: | Wiley corporate F & A.
|
| Θέματα: | |
| Διαθέσιμο Online: | Full Text via HEAL-Link |
Πίνακας περιεχομένων:
- Machine generated contents note: ch. 1 The Problem
- In Search of a Truth
- The Assurance Expert
- Credibility Is Not Synonymous with Truth
- Where Do We Go from Here?
- ch. 2 The Solution
- Toward a Definition of Credibility
- The Attributes That Make You Credible
- Operational Credibility Attributes
- Personal Credibility Attributes
- General Observations about "Credibility"
- Credibility Is Not Synonymous with Truth
- Don't Confuse Opining with Decision Making
- Beware of Black Box Opinions
- Conclusion
- ch. 3 The Credibility Pyramid and the Importance of a Well-Defined Analytical Process
- The Importance of Process
- The Valuation Process
- The Credibility Pyramid
- Three Problem-Solving Phases
- Conclusion
- ch. 4 Pyramids, Not Castles
- Why Is Credibility Important?
- Reasonable Assurance
- Generally Accepted Practices
- Generally Accepted Practices Lead to Uniformity and Professional Consensus
- Analytical Gaps
- Informed Judgment
- Conclusion
- ch. 5 Climbing the Credibility Pyramid
- The Importance of Revenue Ruling 59-60
- Identification of Key Pre-Engagement Parameters
- Planning to Acquire Knowledge about the Subject
- General Planning Considerations
- The Importance of the Standard of Value as You Climb the Pyramid
- Self-Assessment Tools
- Stepped Reading
- Conclusion
- ch. 6 How to Develop and Report Your Opinion
- Practice Presenting Your Written Findings Orally
- Valuation Adjustments
- Description of a Benchmarking Methodology Used by Valuation Analysts
- Benchmarking: Relative Weights and Qualitative Analysis
- Make Sure There Are No Analytical Gaps in the Development and Derivation of Growth Rates
- Incorporating Prospective Information That Is Presented into Your Opined Results
- Reporting Your Opined Results
- Conclusion
- ch. 7 Reasonableness Tests
- Determining Reasonableness
- Example 1: Derived Estimate of Value
- Example 2: Guideline Company Method
- Example 3: Use of Market Multiples
- Example 4: Federal Tax Compliance
- Conclusion
- ch. 8 Enhancing the Integrity of Your Opinion
- Understanding the Credibility Threshold
- Understanding the Scope Undertaken
- Understanding Analytical Responsibilities and the Impact of Matter/Cause/Effect Analysis
- Conduct Your Analysis within the Parameters of the Economic Reality Relevant to the Facts and Circumstances
- Maintain a High Level of Professional Skepticism and Engagement Awareness
- Review Your Analytical Process for Relevance and Typical Common Errors
- Be Ready to Respond to Ethical Challenges
- Enhancing the Integrity of Your Opinion When at Trial or in Hearings
- Enhancing the Integrity of Your Opinion When at Deposition
- Conclusion
- ch. 9 Reviewing the Work of Others
- Review Engagement Procedures to Consider
- Preparing a Document Request for a Review Engagement
- The Role to Be Assumed: Reviewing Expert or Reviewing Consultant
- Limiting Conditions and Assumptions
- Determining an Appropriate Scope for Your Review
- Minimum Scope Considerations in a Review Engagement
- Conclusion of a Business Appraisal Review Engagement
- Business Appraisal Review Opinion
- Reviewer's Independence
- Common Errors and Analytical Gaps Found in Valuation Reports
- Conclusion
- ch. 10 The Journey Continues
- Definition of Credibility
- Attributes Attached to a Credible Opinion
- Separating Decision Making from Opining
- A Note on Generally Accepted Principles and Practices
- A Definition of the Concept of Informed Judgment
- Suggestions for Assessing Your Own Methodology
- The Importance of Reasonableness Tests
- Suggestions for Enhancing the Integrity of Your Opinion
- Conclusion.
