Pratt, S.P., Reilly, R.F., and Schweihs, R.P. Valuing a Business: The Analysis and Appraisal of Closely Held Companies, Third Edition

摘要: BOOK REVIEWS 101Contemporary Real Estate Finance: Selected Readings is representative of the scholarly work that has been produced over last decade, on theory and application real estate finance methods instruments, as well investment analysis. This text will be useful to both faculty students. And, while there are other articles could have included in this work, particularly Part 2, Mortgages, selection quite comprehensive. It certainly expedient such a high caliber finance-related under one cover.Marion Rogers SillahFlorida A&M UniversityPratt, S.P., Reilly, R.F., Schweihs, R.P., Valuing Business: The Analysis Appraisal Closely Held Companies, Third Edition, Irwin Professional Publishing-Chicago. 1996.850 pages.While number good books available for use course business valuation, only clearly written textbook style. makes book especially teachers but perhaps less interesting valuation professionals. textbook.The first 375 pages (44 percent) covers basic how-to balance (56 focuses special topics along with report writing reviewing chapters. 40/60 split may, at glance, seem inappropriate but, reflection, probably sense. practice appraisal relatively simple, various companies industries can challenging. A heavy focus (debt securities, preferred stock, pass-through entities, intangibles, taxation issues, buy-sell agreements, ad valorem ESOPs, litigation support, testimony) provides students practicing appraisers alike with, most cases, some very specific guidance regarding these particular areas.Part 1 (three chapters) serves introductory material Uniform Standards Practice (USPAP), which so critical success today. second part (five data acquisition analysis, 3 book, eight chapters, actual formation value conclusions appraiser. meat since it covers, right much detail, methodologies may applied problem. These three parts organized written. (Parts 4 through 7) contain above-mentioned elements book.The authors properly point out reader their third edition they should not throw away your because dropped older bibliographical references case citations. …