Skip to content

Booksellers & Trade Customers: Sign up for online bulk buying at trade.atlanticbooks.com for wholesale discounts

Booksellers: Create Account on our B2B Portal for wholesale discounts

The Professional's Guide to Fair Value: The Future of Financial Reporting

by James P. Catty
Save 31% Save 31%
Current price ₹6,069.00
Original price ₹8,740.00
Original price ₹8,740.00
Original price ₹8,740.00
(-31%)
₹6,069.00
Current price ₹6,069.00

Imported Edition - Ships in 18-21 Days

Free Shipping in India on orders above Rs. 500

Request Bulk Quantity Quote
+91
Book cover type: Hardcover
  • ISBN13: 9781118004388
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Wiley
  • Publisher Imprint: Wiley
  • Publication Date:
  • Pages: 240
  • Original Price: USD 95.0
  • Language: English
  • Edition: N/A
  • Item Weight: 431 grams
  • BISAC Subject(s): Accounting / General

From the Inside Flap

The Professional's Guide to Fair Value The Future of Financial Reporting

Over the past ten years, fair value has been growing in importance, with the concept undergoing substantial changes and refinements. On May 12, 2011--a red-letter day in financial reporting history--the Financial Accounting Standards Board (FASB) issued a revision of ASC 820, Fair Value Measurements, and the International Accounting Standards Board (IASB) issued International Financial Reporting Standard (IFRS) 13, Fair Value Measurement. These virtually identical documents gave the financial world a single definition and framework uniting Generally Accepted Accounting Principles (GAAP) in the United States with IFRS. Written to keep you abreast of these recent changes and major revisions, The Professional's Guide to Fair Value provides all the essentials you need to comprehend, assume responsibility for, and sign off on financial statements with confidence.

Author James Catty--who has created methodologies and models for valuations acceptable to the SEC, Canadian Stock Exchanges, NASDAQ, and London Stock Exchange--shares his more than fifty years of global business valuation experience to provide you with the current elements and basics of fair value. The Professional's Guide to Fair Value walks you through most fair value financial reporting topics, including risks, dealing with auditors, and your responsibilities as they relate to fair value.

Oriented toward CPAs, auditors, valuators, boards of directors, investors, and bankers--anyone who needs to approve and/or understand financial statements --this one-stop definitive resource for the most current fair value applications covers:

  • Valuation principles

  • The effect of market participants' assumptions

  • Projecting what is to come

  • How to avoid unnecessary risks

  • Believable and likely conclusions

  • The nature of markets

  • Comparable transactions

  • Current replacement cost

  • Sources of value: profits and risks

  • Valuing liabilities

  • Quantification of synergies

  • GAAP Long-Lived Assets Impairment Tests

  • IFRS Impairment Test

  • GAAP Goodwill Impairment Tests

  • Auditing fair values

Every entity, whether a corporation, trust, partnership, limited or unlimited company, or even a proprietorship, is likely to have at least one intangible asset on its balance sheet. Make sure all your assets are accurately valued with The Professional's Guide to Fair Value.

James P. Catty has been engaged in business valuations around the world for more than fifty years and has undertaken speaking engagements in China, Germany, Romania, Taiwan, Turkey, the U.K., and the U.S. He is Chairman of the International Association of Consultants, Valuators and Analysts (IACVA); President of Corporate Valuation Services Limited (CVS), Toronto; and of counsel to Hanlin Moss, PS in Seattle, Washington, and Xi'an, China. Catty is the author of the Wiley Guide to Fair Value under IFRS.

Trusted for over 48 years

Family Owned Company

Secure Payment

All Major Credit Cards/Debit Cards/UPI & More Accepted

New & Authentic Products

India's Largest Distributor

Need Support?

Whatsapp Us