{"product_id":"fair-value-hardcover","title":"Fair Value - Hardcover","description":"\u003cp\u003eby \u003cb\u003eJames P. Catty\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAn all-encompassing guide to the elements and basics of fair value\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eWith the important role fair value is playing in the creation of a converged set of global accounting standards, demand for products in this category is growing spectacularly. The elements and basics of fair value are covered, including risk, dealing with the SEC, and details on legal responsibility. In addition, sample financial statements are included, along with tables, recommended applicable techniques, and management checklists for those who are responsible for preparing and approving of financial statements.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eWritten by the Chairman and co-CEO of the International Association of Consultants, Valuators and Analysts (IACVA)\u003c\/li\u003e \u003cli\u003eIncludes sample financial statements of both U.S. and foreign companies\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAppropriate for anyone involved professionally with finance--managers, accountants, investors, bankers, instructors, and students--\u003ci\u003eThe Professional's Guide to Fair Value\u003c\/i\u003e is a reliable reference on the ins and outs of fair value financial disclosure.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe Professional's Guide to Fair Value The Future of Financial Reporting\u003c\/p\u003e \u003cp\u003eOver the past ten years, fair value has been growing in importance, with the concept undergoing substantial changes and refinements. On May 12, 2011--a red-letter day in financial reporting history--the Financial Accounting Standards Board (FASB) issued a revision of ASC 820, Fair Value Measurements, and the International Accounting Standards Board (IASB) issued International Financial Reporting Standard (IFRS) 13, Fair Value Measurement. These virtually identical documents gave the financial world a single definition and framework uniting Generally Accepted Accounting Principles (GAAP) in the United States with IFRS. Written to keep you abreast of these recent changes and major revisions, The Professional's Guide to Fair Value provides all the essentials you need to comprehend, assume responsibility for, and sign off on financial statements with confidence.\u003c\/p\u003e \u003cp\u003eAuthor James Catty--who has created methodologies and models for valuations acceptable to the SEC, Canadian Stock Exchanges, NASDAQ, and London Stock Exchange--shares his more than fifty years of global business valuation experience to provide you with the current elements and basics of fair value. The Professional's Guide to Fair Value walks you through most fair value financial reporting topics, including risks, dealing with auditors, and your responsibilities as they relate to fair value.\u003c\/p\u003e \u003cp\u003eOriented toward CPAs, auditors, valuators, boards of directors, investors, and bankers--anyone who needs to approve and\/or understand financial statements --this one-stop definitive resource for the most current fair value applications covers: \u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eValuation principles\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe effect of market participants' assumptions\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eProjecting what is to come\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eHow to avoid unnecessary risks\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eBelievable and likely conclusions\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe nature of markets\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eComparable transactions\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eCurrent replacement cost\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eSources of value: profits and risks\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eValuing liabilities\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eQuantification of synergies\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eGAAP Long-Lived Assets Impairment Tests\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eIFRS Impairment Test\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eGAAP Goodwill Impairment Tests\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eAuditing fair values\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEvery entity, whether a corporation, trust, partnership, limited or unlimited company, or even a proprietorship, is likely to have at least one intangible asset on its balance sheet. Make sure all your assets are accurately valued with The Professional's Guide to Fair Value.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eSign off on financial statements with confidence with the professional guidance found in The Professional's Guide to Fair Value\u003c\/p\u003e \u003cp\u003eWhen 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.\u003c\/p\u003e \u003cp\u003eBased 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.\u003c\/p\u003e \u003cp\u003eFilled with sample financial statements, tables, recommended applicable techniques, and checklists, The Professional's Guide to Fair Value reviews: \u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eThe ten commandments of valuation\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe fair value concept\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eReporting and cash-generating units\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe six stages of fair value: a framework\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eProjecting what is to come\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe market, cost, and income approaches to fair value\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eSources of value\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eValuing liabilities\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eMergers\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eDon'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.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eJames P. Catty has been engaged in business valuations around the world for more than fifty years and has undertaken speaking engagements in China, Germany, Romania, Taiwan, Turkey, the U.K., and the U.S. He is Chairman of the International Association of Consultants, Valuators and Analysts (IACVA); President of Corporate Valuation Services Limited (CVS), Toronto; and of counsel to Hanlin Moss, PS in Seattle, Washington, and Xi'an, China. Catty is the author of the Wiley Guide to Fair Value under IFRS.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 256\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1 x 9.1 x 6.1 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e February 01, 2012\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42723969302591,"sku":"9781118004388","price":114.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0105\/8226\/1823\/files\/4262462b5df7fc495b3cd6357234d420.webp?v=1765101003","url":"https:\/\/dhlswag.com\/products\/fair-value-hardcover","provider":"BBB","version":"1.0","type":"link"}