Introduction xix
Steps of an Appraisal xxi
Notation System Used in This Book xxi
Chapter 1 Overview of Business Valuation 1
Chapter 2 Business Valuation Standards 17
Chapter 3 Getting Started 61
Chapter 4 Appraisal Principles and Theory 101
Chapter 5 Data Gathering 117
Chapter 6 Data Analysis 157
Chapter 7 Statistics for Valuation and Economic Damages 223
Chapter 8 Developing Forecasts for Business Valuations and Economic Damages 237
Chapter 9 The Market Approach—Part I 285
Chapter 10 The Market Approach—Part II 347
Chapter 11 The Asset-Based Approach 387
Chapter 12 The Income Approach 409
Chapter 13 Discount and Capitalization Rates 441
Chapter 14 Premiums and Discounts (Valuation Adjustments)—Part I 501
Chapter 15 Premiums and Discounts (Valuation Adjustments)—Part II 531
Chapter 16 Revenue Ruling 59-60 621
Chapter 17 The Valuation Report 633
Chapter 18 Valuation of Pass-Through Entities 661
Chapter 19 Valuation in Financial Reporting 691
Chapter 20 Valuing Intangible Assets: An Overview 711
Chapter 21 Estate and Gift Valuations 751
Chapter 22 Divorce Valuations 775
Chapter 23 Professional Practice Valuations 841
Chapter 24 Shareholder Disputes 907
Chapter 25 My Favorite Court Cases 965
Chapter 26 Economic Damages 1001
Index 1117
CD-ROM
Overview
Appendix 1 AICPA Statement on Consulting Services Standards 1
Appendix 2 ASA Standards
Appendix 3 NACVA Professional Standards
Appendix 4 International Glossary of Business Valuation Terms
Appendix 5 SSVS 1 Appendix C
Appendix 6 Revenue Ruling 59-60
Appendix 7 Revenue Ruling 65-192
Appendix 8 Revenue Ruling 65-193
Appendix 9 Revenue Procedure 66-49
Appendix 10 Revenue Ruling 68-609
Appendix 11 Revenue Procedure 77-12
Appendix 12 Revenue Ruling 77-287
Appendix 13 Revenue Ruling 83-120
Appendix 14 Revenue Ruling 85-75
Appendix 15 Revenue Ruling 93-12
Appendix 16 Technical Advice Memorandum 94-36005
Appendix 17 Private Letter Ruling 91-50001
Appendix 18 Business Valuation Resources
