The Professional's Guide to Fair Value: The Future of Financial Reporting

Sign off on financial statements with confidence with the professional guidance found in The Professional's Guide to Fair Value

When considering a substantial business deal—whether a major expansion, significant acquisition, plant closure, or considerable divestiture—a go/no-go decision has to be made, based on a bottom line calculated from sometimes inadequate information. The key questions you need to answer are: how much value will be created, and for whom? Learn how to skillfully assess and report your answers with The Professional's Guide to Fair Value.

Based on the recent substantial changes to fair value rules as well as author James Catty's fifty years in business valuations around the world, The Professional's Guide to Fair Value provides the elements and basics of fair value, allowing you to grasp all the applicable elements and adhere to them as required. This comprehensive resource helps you understand the basics so that you may understand financial statements with certainty.

Filled with sample financial statements, tables, recommended applicable techniques, and checklists, The Professional's Guide to Fair Value reviews:

• The ten commandments of valuation

• The fair value concept

• Reporting and cash-generating units

• The six stages of fair value: a framework

• Projecting what is to come

• The market, cost, and income approaches to fair value

• Sources of value

• Valuing liabilities

• Mergers

Don't let uncertainty sabotage the value of your assets. The Professional's Guide to Fair Value helps you achieve uniformity and consistency in valuation and financial reporting.