Allan Cohen, assistant controller for Time Warner, agrees that certain aspects of FAS 157 are easier to apply when valuing
financial instruments and more difficult to apply when valuing
If the appraiser is valuing
100% of the casting facility, a control premium, which is the increase in value normally paid to obtain control, must be applied.
The PEIGG and European PE Valuation Guidelines were designed to provide a framework for valuing
private equity investments using transparent methodologies intended to be consistent with relevant GAAP.
The two-step "before and after" approach for a facade preservation easement involves estimating the fair market value of the property and then using this valuation as a basis for valuing
the facade preservation easement.
Generally, we are comfortable with the fair value measurement process for liquid trading instruments that financial institutions have had significant experience in valuing
. However, we believe that for less-liquid assets and liabilities, reliability is a significant concern.
One of the commonly used methods to determine the appropriate arm's-length license is the discounted cash flow method, which is also the preferred method for valuing
intangible assets for financial accounting purposes.
New York-based Amistad Press in preparation for its sale to HarperCollins in October 1999, Charles Harris, vice president and executive editor of HarperCollins and editorial director of Amistad Press, says, "We started with cash flow multiples [as a valuation method], but that method valued the company abnormally low because we had not had the cash to adequately promote our books." Amistad had published several bestsellers, including John H.
But take note, an accountant's book value of equipment is not an indication of valuing
Understanding and valuing
such intangibles as corporate IQ require a systems perspective of an organization's day-to-day operation.
We believe that each person has to wrest his own values from the available array....We are concerned with the process of valuing
and not the product....The method recommends that no moral judgment be made by the teacher....It should be increasingly clear that the adult does not force his own pet values upon children.
"We had adopted Black-Scholes but now believe a lattice model is appropriate for valuing
options," Nagel said.
In a 2004 practice aid, Valuation of Privately-Held-Company Equity Securities Issued as Compensation, the AICPA recommends the method for valuing
optioned stock: appraising the specific shares subject to option.