Financial Valuation: Applications and Models

Real world applications and professional consensus by nationally recognized valuation experts

Filled with a wealth of detail, practice tips, and examples, Financial Valuation: Applications and Models, Third Edition brings together thirty nationally recognized names in the valuation industry hailing from a variety of professional specializations-including accounting, business appraisal, and financial analysis-to provide practitioners with an indispensable reference on various valuation issues. Assembled by valuation authority James Hitchner, these contributors analyze, explain, and collaborate on the most effective valuation procedures to share real-world applications in the field of financial valuations.

Written by 30 top experts in business valuations field

Provides the valuation theory, the consensus view on application, and then the tools to apply it

An all-encompassing valuation handbook that presents the application of financial valuation theory for business appraisers and consultants

New chapters on Assessing Risk and Expert Witness Testimony

Expands chapter on Cost of Capital

Comprehensive in coverage and authoritative in treatment, James Hitchner's Financial Valuation, Third Edition provides trusted, complete business valuation information for CPAs, appraisers, analysts, attorneys, and corporate executives.

JAMES R. HITCHNER, CPA/ABV/CFF, ASA, is Managing Director of Financial Valuation Advisors, Inc., President of The Financial Consulting Group, and CEO of Valuation Products and Services and has over thirty years of valuation experience. He is also Editor in Chief of Financial Valuation and Litigation Expert journal. Mr. Hitchner is editor/coauthor of the books Financial Valuation Workbook, Third Edition, and Valuation for Financial Reporting: Fair Value, Business Combinations, Intangible Assets, Goodwill and Impairment Analysis, Third Edition, both published by Wiley, and coauthor of PPC's Guide to Business Valuations. He has been recognized as a qualified expert witness and has provided testimony on valuations in numerous state and federal courts. An inductee in the AICPA Business Valuation Hall of Fame, he is one of only four members of the original AICPA Business Valuation Standards Writing Task Force, in which he served for the entire six years up to the June 2007 official release of the standards.

Coauthors: Mel H. Abraham, Jim Alerding, Neil Beaton, Marci Bour, Stacy Collins, Larry Cook, Don Drysdale, Robert E. Duffy, Ed Dupke, Jay Fishman, Chris Hamilton, Tom Hilton, James R. Hitchner, Steven D. Hyden, Gregory S. Koonsman, Mark Kucik, Eva Lang, Derald Lyons, Michael J. Mard, Harold Martin, Ed Moran, Ray Moran, Pat Perzel, Shannon Pratt, Ron Seigneur, Robin E. Taylor, Linda Trugman, Samuel Y. Wessinger, Don Wisehart, Kevin R. Yeanoplos