Mard / Hitchner / Hyden Valuation for Financial Reporting

Fair Value, Business Combinations, Intangible Assets, Goodwill and Impairment Analysis
3. Auflage 2010
ISBN: 978-0-470-93335-0
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 304 Seiten, E-Book

Praise for Valuation for Financial Reporting, Third Edition
"Writing a book on financial reporting is a challenge in and ofitself, let alone to focus on the shifting sands of valuation infinancial reporting. Yet, Mard and company have done it again, andthis time, it is even more user-friendly, easy to read, andtopical. If you intend to wade into the swift currents of providingvaluation services for financial reporting, you must have Valuationfor Financial Reporting in your library or on your desk!"--Neil J. Beaton, CPA/ABV, CFA, ASA, National Partner in Chargeof Valuation Services, Grant Thornton, LLP
"I really like the flowcharts. The authors take the complexworld of fair value measurement for business combinations andconvert it to easily understandable and usable flowcharts,worksheets, and checklists." --Gordon Goodman, Trading ControlOfficer, Occidental Petroleum, and member of the FASB ValuationResource Group
"The comments on efficient markets and faithful representationin the first chapter were very (very) helpful and well written.Masterful! Great book and I look forward to adding it to thelibrary!" --Robin E. Taylor, CPA/ABV, CFE, CVA, CBA, DixonHughes PLLC, and Chairman, AICPA Business Valuation Committee

Autoren/Hrsg.

Mard, Michael J.

Hitchner, James R.

Hyden, Steven D.

Inhaltsverzeichnis

Preface ix
Acknowledgments xi
About the Authors xiii
About the Website xvii
CHAPTER 1 Fair Value Measurements and Financial Reporting: Financial Reporting and the Current Environment 1
Fair Value Measurements 6
Mark-to-Market Accounting 18
Notes 20
Appendix 1.1: Fair Value Flowchart 22
CHAPTER 2 Business Combinations 29
Intangible Assets 29
Business Combinations 35
The Acquisition Method 36
Recognition and Measurement 41
Goodwill 53
Recording the Consideration Transferred 55
Disclosure 56
Notes 57
Appendix 2.1: Business Combination Flowchart 60
Appendix 2.2: Business Combination Overview 65
Appendix 2.3: Intellectual Property 66
CHAPTER 3 Case Study 1: Determining the Value of Goodwill and Other Intangible Assets in a Business Combination 71
Consideration and Calculation of the Total of Intangible Assets and Goodwill 72
Business Enterprise Analysis 81
Valuation of Tangible Assets 88
Valuation of Intangible Assets 91
Valuation of Goodwill 122
Weighted Average Return on Assets 123
Disclosure 124
Notes 128
CHAPTER 4 Noncontrolling Interests and Impairment 131
Noncontrolling Interests 131
Impairment 135
Notes 141
CHAPTER 5 Case Study 2: Impairment Analysis 143
Valuation of Tangible Assets 155
Valuation of Intangible Assets 158
Conclusion 185
Notes 185
CHAPTER 6 Implementation and Reference Aids 187
Business Valuation Reporting Standards 187
Reference Aids 197
Implementation Aids 235
Notes 267
Index 269

Über Autor(innen)

MICHAEL J. MARD, CPA/ABV, ASA, is author or coauthor of sevenbooks, including Financial Valuation Workbook, Second Edition andDriving Your Company's Value, both published by Wiley, as well asbooks on SFASs 141, 142, and 157. He is President of The FinancialValuation Group of Florida, Inc., and has testified in courtapproximately 100 times.
JAMES R. HITCHNER, CPA/ABV, ASA, is author of FinancialValuation, Second Edition and coauthor of Financial ValuationWorkbook, Second Edition, published by Wiley. He is Editor in Chiefof Financial Valuation and Litigation Expert journal.
STEVEN D. HYDEN, CPA/ABV, ASA, is the coauthor of four books,including books on SFASs 141, 142, and 157.?He is Chief OperatingOfficer of The Financial Valuation Group of Florida, Inc., and hasdeveloped analyses that have been reviewed and accepted by theSecurities and Exchange Commission, major accounting firms, theIRS, and the courts.