Includes bibliographical references and index.

pt. I. State of the profession, the engagement, and the basic theory. Business valuation standards and credentials ; Defining the assignment ; Business valuation theory and principles -- pt. II. Gathering and analyzing data. Gathering company data ; Site visits and interviews ; Researching economic and industry information ; Analyzing financial statements ; Financial statement ratio analysis -- pt. III. Business valuation approaches and methods. Income approach: discounted future economic income method ; Income approach: capitalized future eocnomic income method ; Market approach: guideline publicly traded company method ; Market approach: guideline merged and acquired company method ; The capitalized excess earnings method ; Asset-based approach: asset accumulation method -- pt. IV. Discounts, premiums, and the value conclusion. Control and acquisition premiums ; Discount for lack of control ; Discounts for illiquidity and lack of marketability ; Other valuation discounts ; Valuation synthesis and conclusion -- pt. V. Writing and reviewing business valuation reports. Writing the business valuation report ; Sample report ; Reviewing a business valuation report -- pt. VI. Valuing specific securities and interests. Valuing debt securities ; Valuing preferred stock ; Introduction to valuing stock options ; Valuing S corporation stock and interests in other pass-through entities -- pt. VII. Valuations for specific purposes. Valuations for gift and estate tax purposes ; Estate and gift tax court cases ; Buy-sell agreements ; Valuation for income tax purposes ; Income tax court cases ; Valuations for employee stock ownership plans ; ESOP court cases ; Valuations for Ad valorem taxation ; Dissenting stockholder and minority oppression actions ; Dissenting stockholder and minority oppression court cases ; Valuations for marital dissolution purposes ; Marital dissolution court cases ; Fair value for financial reporting -- pt. VIII. Litigation and dispute resolution. Litigation support services ; Expert testimony ; Arbitration and mediation.