Emphasizing the practical side of business valuation, A Reviewer's Handbook to Business Valuation is the first resource of its kind, designed for attorneys, CPAs, business appraisers, business owners, and other stakeholders in business valuation processes and appraisal reports. With in-depth discussion on numerous business valuation topics and procedures as well as a thorough review of the assorted business valuation standards issued to date, this book bridges a gap in the existing business valuation literature.

The collaboration of an attorney and a business appraiser, this indispensable reference offers hands-on lessons and tax case citations, all from the perspective of experienced professionals operating in the trenches of business valuation. It focuses on the pragmatic aspects of business valuation that arise in the context of a tax valuation, examining concepts and topics including the level of value, the role of estate planners in the business valuation process, the use of appraisers in estate planning and litigation, and the appraiser identification/selection process.

Augmented with checklists and business valuation tips and traps, A Reviewer's Handbook to Business Valuation is organized as follows:

• Part I: The business valuation process--designed to provide reviewers of business appraisals a basic under-standing of valuation concepts and methodology
• Part II: A thorough summary of business valuation standards, including USPAP and the IRS guidelines
• Part III: Lessons from the Trenches, including alleged errors of omission and commission by business appraisers that have ended up in court decisions, and the ten "burning issues" that exist in business valuation along with the authors' take on those issues

Along with an accompanying website containing the Business Valuation Standards discussed in the book--including ASA, AICPA, NACVA, IBA, CICBV, as well as IRS guidelines--A Reviewer's Handbook to Business Valuation lays the groundwork for estate planners, estate planning attorneys, accountants, business owners, and business valuation professionals to fully understand the valuation engagement process, from start to finish.

Emphasizing the practical side of business valuation, A Reviewer's Handbook to Business Valuation is the first resource of its kind, designed for attorneys, CPAs, business appraisers, business owners, and other stakeholders in business valuation processes and appraisal reports. With in-depth discussion on numerous business valuation topics and procedures as well as a thorough review of the assorted business valuation standards issued to date, this book bridges a gap in the existing business valuation literature.

The collaboration of an attorney and a business appraiser, this indispensable reference offers hands-on lessons and tax case citations, all from the perspective of experienced professionals operating in the trenches of business valuation. It focuses on the pragmatic aspects of business valuation that arise in the context of a tax valuation, examining concepts and topics including the level of value, the role of estate planners in the business valuation process, the use of appraisers in estate planning and litigation, and the appraiser identification/selection process.

Augmented with checklists and business valuation tips and traps, A Reviewer's Handbook to Business Valuation is organized as follows:

• Part I: The business valuation process--designed to provide reviewers of business appraisals a basic under-standing of valuation concepts and methodology
• Part II: A thorough summary of business valuation standards, including USPAP and the IRS guidelines
• Part III: Lessons from the Trenches, including alleged errors of omission and commission by business appraisers that have ended up in court decisions, and the ten "burning issues" that exist in business valuation along with the authors' take on those issues

Along with an accompanying website containing the Business Valuation Standards discussed in the book--including ASA, AICPA, NACVA, IBA, CICBV, as well as IRS guidelines--A Reviewer's Handbook to Business Valuation lays the groundwork for estate planners, estate planning attorneys, accountants, business owners, and business valuation professionals to fully understand the valuation engagement process, from start to finish.

Thorough guidance and detailed analysis of the valuation business engagement

Discussing the practical aspects of business valuation that arise in the context of a tax valuation, this book provides you with detailed analysis of the valuation business engagement process. Detailed discussion is included of various cases outlining errors that appraisers have made in appraisal reports, as well as in-depth discussion of the current appraisal industry issues that are impacting tax valuations.

• Examines concepts and topics including level of value, the role of estate planners in the business valuation process, the use of appraisers in estate planning and litigation, and the appraiser identification/selection process
• Provides insight into the nature of the major appraisal trade associations
• Offers insights into preventing errors from getting into appraisal reports

This helpful guide provides you with the detailed discussion you need on the various business valuation standards that have been promulgated by the Appraisal Standards Board as well as several appraisal trade associations.