Valuation for Financial Reporting (PDF)

Essential procedures for the measurement and reporting of fair
value in Financial statements

Trusted specialists Michael Mard, James Hitchner, and Steven Hyden
present reliable and thorough guidelines, case studies,
implementation aids, and sample reports for managers, auditors, and
valuators who must comply with the Financial Accounting Standards
Board Statement of Financial Accounting Standards Nos. 141,
Business Combinations; 142, Goodwill and Other Intangible Assets;
144, Accounting for the Impairment or Disposal of Long-Lived
Assets; and the new 157, Fair Value Measurements.

This important guide:

* Explains the new valuation aspects now required by SFAS No.
157

* Presents the new definition of fair value and certain empirical
research

* Distinguishes fair value from fair market value

* Provides a case study that measures the fair values of intangible
assets and goodwill under SFAS Nos. 141 and 157

* Includes a detailed case study that tests the impairment of
goodwill and long-lived assets and measures the financial impact of
such impairment under SFAS Nos. 142 and 144

* Cross-references and reconciles the valuation industry's reporting
standards among all of the valuation organizations

* Includes two sample valuation reports, one of which is a new USPAP-
compliant PowerPoint? presentation format

* Includes implementation aids for controlling the gathering of data
necessary for analyses and for guiding the valuation work program