What approach to use: A valuation approach is the method used to determine the fair market value of a business.
The most common approaches are:
The market approach is based on finding prices for comparable businesses or transactions in the public or private markets and using them to infer the value of the business or transaction. Two methods to determine the market value of a business are:
The income approach is based on determining future earnings and calculating the present value. Two common approaches are:
This is based on the value of business being equal to the sum of all the parts of the business. Adjusting book value of each asset or liability to fair market value.
So, which do you use: it depends on the specific circumstances of the business being valued.
We are happy to help. Please post your comment below or call Lisa Byrne, Audit Manager at Cooney Carey, on 01 677 9000. Alternatively, send her an email: firstname.lastname@example.org
The EU are reviewing the operation of Vat within the European Union. The following proposals have been made:
The Cornerstones of a definitive vat regime
As a fraud examiner, we consider the Fraud Triangle:-
In 2008 a Harvard Business School professor, Eugene Soltes examined this question and in 2016 published a book on the subject.
He found that middle management and employees further down the corporate ladder might commit fraud because they found a ready source of cash to ease their economic problems.
What puzzled Soltes is why well-paid business people committed fraud and he interviewed Read more