Table of Contents
Foreword xi Liu Ping, China
Preface xiii Jim Catty, United Kingdom
About the Contributors xix
1 Fair Value Concept 1 Alfred M. King, United States
2 The Cost Approach 19 Yea-Mow Chen, Taiwan, and Stephen L. Barreca, United States
3 The Market Approach 37 William A. Hanlin Jr. and J. Richard Claywell, United States
4 Income Approach: Capitalization Methods 57 Bennet Kpentey, Ghana
5 Income Approach: Discounting Methods 65 Wolfgang Kniest, Germany
6 Excellent Valuation Reports 83 Brandi L. Ruffalo and Robert C. Brackett, United States
7 Assessing External Risks 95 Warren D. Miller, United States
8 Strategy and Benchmarking 115 William C. Quackenbush and James S. Rigby Jr., United States
9 Cost of Capital 129 Wolfgang Ballwieser and Jörg Wiese, Germany
10 Risks and Rewards 151 William A. Hanlin Jr. and J. Richard Claywell, United States
11 Financial Statement Analyses 165 Martin Costa, Germany
12 Projecting Financial Statements 183 Klaus Henselmann, Germany
13 Impairment Testing 201 Frank Bollman and Andreas Joest, Germany
14 Auditing Valuation Reports 215 Andreas Bertsch, Germany
15 Copyrights 223 Fernando Torres, Mexico
16 Customer Relationships 241 Brandi L. Ruffalo, United States
17 Derivatives and Financial Instruments 255 Samuel Yat Chiu Chan and Lisa Cheng, Homg Kong
18 Domain Names 273 Wes Anson, United States
19 Hedging 285 Richard Pedde, Canada
20 Intellectual Property Rights 299 Byeongil Jeong, South Korea
21 Intangible Assets 311 Stan Sorin, Romania
22 Leases 323 Terry A. Isom and Andrea R. Isom, United States
23 Liabilities 337 Karrilyn Wilcox, Canada
24 Manufacturing in Crisis Periods 351 Emre Burckin, Ayse Pamukcu, and Zeynep Burckin Eroglu, Turkey
25 Mineral Properties 363 Michael J. Lawrence, Australia
26 Pass-Through Entities 379 Laura J. Tindall and John L. Casalena, United States
27 Patents 391 Heinz Goddar and Ulrich Moser, Germany
28 Petroleum Resources 409 J. Richard Claywell, United States
29 Pharmaceuticals and Biotechnology 421 Sung-Soo Seol, South Korea
30 Plant and Equipment 435 Evžen Körner, Germany
31 Retail Locations 451 Lim Lan Yuan, Singapore
32 Share-Based Payments 461 Shari Overstreet, United States
33 Software and Systems 477 Susan M. Saidens, United States
34 Unpatented Technologies 487 Anke Nestler, Germany
35 Trademarks and Brands 501 Roger Sinclair, South Africa
36 Transfer Pricing 521 Lionel W. Newton and Christopher J. Steeves, Canada
Glossary 531
References and Bibliography 557
Index 567