Wednesday, January 30, 2013

Valuation for Financial Reporting: Fair Value, Business Combinations, Intangible Assets, Goodwill and Impairment Analysis

Valuation for Financial Reporting: Fair Value, Business Combinations, Intangible Assets, Goodwill and Impairment Analysis

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Praise for Valuation for Financial Reporting, Third Edition

"Writing a book on financial reporting is a challenge in and of itself, let alone to focus on the shifting sands of valuation in financial reporting. Yet, Mard and company have done it again, and this time, it is even more user-friendly, easy to read, and topical. If you intend to wade into the swift currents of providing valuation services for financial reporting, you must have Valuation for Financial Reporting in your library or on your desk!" ��Neil J. Beaton, CPA/ABV, CFA, ASA, National Partner in Charge of Valuation Services, Grant Thornton, LLP

"I really like the flowcharts. The authors take the complex world of fair value measurement for business combinations and convert it to easily understandable and usable flowcharts, worksheets, and checklists." � Gordon Goodman, Trading Control Officer, Occidental Petroleum, and member of the FASB Valuation Resource Group

"The comments on efficient markets and faithful representation in the first chapter were very (very) helpful and well written. Masterful! Great book and I look forward to adding it to the library!" � Robin E. Taylor, CPA/ABV, CFE, CVA, CBA, Dixon Hughes PLLC, and Chairman, AICPA Business Valuation Committee

Valuation for Financial Reporting: Fair Value, Business Combinations, Intangible Assets, Goodwill and Impairment Analysis Review

This resource reflects the current practice, yet it in some areas it is lacking in so far as it does not develop how the authors derived. The authors state that these are not provided because the derivation is beyond the scope of the book. I wished the authors would have provided more information regarding the data sources, software(s), and process(es) used developing the fair values used in this reference guide. Hence, the book gets 3 stars for the above reasons.

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