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Understanding Business Valuation: A Practical Guide to Valuing Small to Medium Sized Businesses, Fifth Edition
Written by expert author Gary R. Trugman, this fifth edition simplifies a technical and complex area of practice with real-world experience and examples. This informal, easy-to-read style, covers all the bases in the various valuation approaches, methods, and techniques.

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Product details

Key Topics

  • Valuation standards
  • Theory
  • Approaches
  • Methods
  • Discount and capitalization rates
  • S corporation issues

This fifth edition simplifies a technical and complex area of practice with real-world experience and examples. Expert author Gary Trugman's informal, easy-to-read style, covers all the bases in the various valuation approaches, methods, and techniques. Author note boxes throughout the publication draw on Trugman's veteran, practical experience to identify critical points in the content. Suitable for all experience levels, you will find valuable information that will improve and fine-tune your everyday activities.

This edition has been updated to include:

  • A new chapter on valuing stock options, preferred stock, debt, and start-up ventures
  • Discussion of economic obsolescence
  • A special access link to Business Valuation Resources that offers a full range of additional materials, including many of the court cases and sample reports discussed throughout the text
  • Updated real-world examples and exhibits

Workbook now available!

Understanding Business Valuation now has a Workbook that will be essential for anyone that is learning business valuation. Whether you are a college student, a professional studying for the Accreditation in Business Valuation examination or just looking to refine your skills, this workbook is an essential tool in the learning process. The Workbook contains short questions, case studies and a major case study that has been designed to provide the reader with the means to learn and pass exams. The author, Gary R. Trugman CPA/ABV, ASA, MVS was on the ABV examination committee and has used his skills in writing examination questions for the AICPA, the American Society of Appraisers and The Institute of Business Appraisers to put together questions designed to truly test your knowledge. The major case study is an actual valuation that can be done in pieces as you go through the various chapters of the textbook.

Bundle and save when you order the Hardcover Textbook + the Paperback Workbook together!

Select "Paperback (Textbook and Workbook Bundle, 2018)" above.

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Author(s)

Gary R. Trugman, CPA/ABV, MCBA, ASA, MVS

Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

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