{"product_id":"standards-of-value-theory-and-applications-hardcover","title":"Standards of Value: Theory and Applications - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eJay E. Fishman\u003c\/b\u003e (Author), \u003cb\u003eShannon P. Pratt\u003c\/b\u003e (Author), \u003cb\u003eWilliam J. Morrison\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eExpert direction on interpretation and application of standards of value\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eWritten by Jay Fishman, Shannon Pratt, and William Morrison--three renowned valuation practitioners--\u003ci\u003eStandards of Value, Second Edition\u003c\/i\u003e discusses the interaction between valuation theory and its judicial and regulatory application. This insightful book addresses standards of value (SOV) as applied in four distinct contexts: estate and gift taxation; shareholder dissent and oppression; divorce; and financial reporting. Here, you will discover some of the intricacies of performing services in these venues.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eFeatures new case law in topics including personal good will and estate and gift tax, and updated to cover the new standards issued since the first edition\u003c\/li\u003e \u003cli\u003eIncludes an updated compendium discussing the standards of value by state, new case law covering divorce, personal goodwill, and estate and gift tax, and coverage of newly issues financial standards\u003c\/li\u003e \u003cli\u003eShows how the Standard of Value sets the appraisal process in motion and includes the combination of a review of court cases with the valuator's perspective\u003c\/li\u003e \u003cli\u003eAddresses the codification of GAAP and updates SOV in individual states\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eGet \u003ci\u003eStandards of Value, Second Edition\u003c\/i\u003e and discover the underlying intricacies involved in determining \"value.\"\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eAny valuation must have a standard of value underlying it in order to be meaningful. While some standards are clearly defined and widely agreed upon, many others pose significant ambiguities to the legal and regulatory bodies that adjudicate them. In order to produce accurate, legally meaningful valuations, practitioners need to understand both the relevant standard and the way it has typically been applied.\u003c\/p\u003e \u003cp\u003eTo this end, \u003ci\u003eStandards of Value, Second Edition\u003c\/i\u003e provides a detailed examination of the interactions between valuation theory and its practical applications. Covering such standards as investment value, fair value, and fair market value, the discussion spans four key areas: estate and gift taxation, shareholder dissent and oppression, divorce, and financial reporting. This essential volume offers professionals a useful survey of standards of value and their treatment in varying contexts across all fifty U.S. states and the District of Columbia. The in-depth coverage of each area draws on annotated statutes and regulations, law journals and other publications, and the reasoning in key precedential cases.\u003c\/p\u003e \u003cp\u003eThis fully revised and updated new edition features: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eNew discussion of case law concerning divorce, personal good will, and estate and gift tax\u003c\/li\u003e \u003cli\u003eAn updated and current compendium of standards of value by state\u003c\/li\u003e \u003cli\u003eCoverage of newly issued financial standards and GAAP codification\u003c\/li\u003e \u003cli\u003eA new chapter on standards of value for buyouts from general partnerships, limited partnerships, limited liability partnerships (LLPs), and limited liability companies (LLCs)\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eBecause standards of value may offer room for interpretation, depending on the situation and venue, understanding the context of any valuation is essential for achieving a successful outcome. \u003ci\u003eStandards of Value, Second Edition\u003c\/i\u003e gives appraisers, attorneys, and other professionals an unparalleled guide to both the conceptual underpinnings and practical application of these key valuation frameworks.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eStandards of Value\u003c\/b\u003e\u003cbr\u003e \u003ci\u003eTheory and Applications\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003eSecond Edition\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eAny valuation must have a standard of value underlying it in order to be meaningful. While some standards are clearly defined and widely agreed upon, many others pose significant ambiguities to the legal and regulatory bodies that adjudicate them. In order to produce accurate, legally meaningful valuations, practitioners need to understand both the relevant standard and the way it has typically been applied. \u003c\/p\u003e\u003cp\u003eTo this end, \u003ci\u003eStandards of Value, Second Edition\u003c\/i\u003e provides a detailed examination of the interactions between valuation theory and its practical applications. Covering such standards as investment value, fair value, and fair market value, the discussion spans four key areas: estate and gift taxation, shareholder dissent and oppression, divorce, and financial reporting. This essential volume offers professionals a useful survey of standards of value and their treatment in varying contexts across all fifty U.S. states and the District of Columbia. The in-depth coverage of each area draws on annotated statutes and regulations, law journals and other publications, and the reasoning in key precedential cases. \u003c\/p\u003e\u003cp\u003eThis fully revised and updated new edition features: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eNew discussion of case law concerning divorce, personal good will, and estate and gift tax\u003c\/li\u003e \u003cli\u003eAn updated and current compendium of standards of value by state\u003c\/li\u003e \u003cli\u003eCoverage of newly issued financial standards and GAAP codification\u003c\/li\u003e \u003cli\u003eA new chapter on standards of value for buyouts from general partnerships, limited partnerships, limited liability partnerships (LLPs), and limited liability companies (LLCs)\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eBecause standards of value may offer room for interpretation, depending on the situation and venue, understanding the context of any valuation is essential for achieving a successful outcome. \u003ci\u003eStandards of Value, Second Edition\u003c\/i\u003e gives appraisers, attorneys, and other professionals an unparalleled guide to both the conceptual underpinnings and practical application of these key valuation frameworks.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eJAY E. FISHMAN, FASA, \u003c\/b\u003e is coauthor or contributing author of seven professional books. He is a managing director of Financial Research Associates, a regional business valuation and forensic accounting firm. He has conducted hundreds of business valuations and has qualified as an expert witness and provided testimony in several federal and state courts. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eSHANNON P. PRATT\u003c\/b\u003e is one of the most successful and respected authors in the field of business valuations. He has written many industry standard texts. Over a distinguished career spanning more than four decades, he has performed valuation engagements for M\u0026amp;As, ESOPs, and numerous other purposes. Dr. Pratt is CEO of Shannon Pratt Valuations, a business valuation firm located in Portland, Oregon. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eWILLIAM J. MORRISON, CPA, ABV, CFF, \u003c\/b\u003e is a partner at WithumSmith+Brown, a regional mid-Atlantic CPA firm, and is frequently appointed by the courts as a valuation expert. He has published articles on forensic accounting and valuation. He is a former FBI agent and has conducted thousands of forensic accounting investigations and business valuations of closely held companies.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 496\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.5 x 9.1 x 6.1 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e April 22, 2013\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":52478774477107,"sku":"9781118138533","price":137.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0300\/5595\/6612\/files\/ZWx0NWVOZS91Wi9PbXBMdzVibXErUT09.webp?v=1759658370","url":"https:\/\/www.vysn.com\/en-ca\/products\/standards-of-value-theory-and-applications-hardcover","provider":"VYSN","version":"1.0","type":"link"}