| Description |
xii, 783 pages : illustrations ; 23 cm |
| Contents |
Part I: The Essential Principles. 1. Introduction -- 2. Capitalisation of future maintainable profits -- 3. Discounted cash flow -- 4. Asset-based valuations -- 5. Capitalisation of dividends -- 6. Capital asset pricing model -- 7. Options -- 8. Imputation. Part II: The Valuation of Securities. 9. Valuation of derivatives -- 10. Partly paid shares -- 11. Convertible notes -- 12. Preference shares and trusts -- 13. Cross shareholdings -- 14. Valuation of businesses. Part III: The Valuation of Intangible Assets. 15. Intangible assets -- 16. Valuation of mastheads -- 17. The valuation of goodwill -- 18. The valuation of brand names. Part IV: The Valuation of Other Balance Sheet Items. 19. Property valuations -- 20. Valuation of liabilities -- 21. Valuation of vendor securities -- 22. Core technology and research and development projects. Part V: Specialised Industry Valuations. 23. Valuation of professional partnerships -- 24. Mining valuations -- 25. Valuation of gold companies -- 26. Valuation of government enterprises -- 27. Valuation of life insurance companies. Part VI: Other Factors Affecting Valuations. 28. The 1980s - how valuers went wrong -- 29. The last decade -- 30. Other valuation considerations -- 31. Accounting treatments and valuations -- 32. Valuers and their legal liability. Part VII: Regulatory Factors Affecting Valuations. 33. Taxation and valuations -- 34. Calculating earnings per share -- 35. The impact of the NCSC requirements on share valuations -- 36. The impact of the ASC requirements on share valuations -- 37. ASIC requirements for share valuations -- 38. The valuation of offer consideration in takeovers. Part VIII: Recent Developments. 39. Employee stock options |
| Summary |
The fourth edition of this reference builds on the foundations established in the first three editions and has been extensively updated to reflect the latest developments in the capital markets. The increasing importance of intangible asset values as a proportion of corporate net worth is reflected in a new section on intangible assets. There are also new chapters on emerging valuation issues, including core technology, research and development projects and employee options. This new edition is particularly timely given the emergence of market value concepts as a key driver of value under the new taxation consolidation regime. It also coincides with preparations for the mandatory adoption of International Accounting Standards and the increasingly widespread use of mark to market financial reporting |
| Analysis |
Valuation |
|
Business |
|
Assets |
|
Financial Reporting |
| Notes |
Includes index |
| Bibliography |
Bibliography: pages [770]-771 |
| Subject |
Corporations -- Valuation -- Australia.
|
|
Business enterprises -- Valuation -- Australia.
|
| LC no. |
00002423 |
| ISBN |
1865089702 : |
|
