Subjects:

Company Law

Contents:

SECTION I - General

1. Introduction

2. Nature of a Share/Rights under Articles of Association

SECTION II - Bases of Valuation

1. Assets

2. Earnings

3. Dividends

4. Cash Flows

5. Special Factors

6. Intangibles

7. Goodwill

SECTION III - Valuation for Tax

1. Statutory Provisions

2. Case Law

3. Approaches for Majority Holdings

4. Approaches for Minority Holdings

5. Information Standard

6. Special Purchaser

7. 31st March 1982

8. Self Assessment

9. Employment Related Securities, including schedule 23

10. Shares and Assets Valuation

11. Discounts

SECTION IV - Occasions of Valuation

1. General

2. Commercial Purchases/Sales

3. Valuation Under Articles of Association or Shareholder Agreements

4. Shareholder Disputes

5. Matrimonial Settlements

6. Agency Valuations

7. Other Occasions of Valuation

8. Fair/Open Market/Owner Value

9. Introduction to IFRS 2

10. Introduction to IFRS 3

Appendices

Valuation Report

Information

Reference Sources

This practical book provides a sound understanding of the fundamental concepts involved in valuing shares and businesses. Valuing assets is increasingly important to accountants and tax advisers but also increasingly complex with the recent changes to financial accounting rules, and greater use of complicated capital and tax structures.

This book covers the whole range of valuations – whether for tax, commercial or financial reporting purposes and the expert authors use their extensive practical experience to de-mystify this complex topic. After reading this book you will be able to advise on the approach to valuation for any purpose (company and business; IP and intangible assets; fair value or litigation support) and put the principles from statute and case law into practical application to the benefit of your company or client.