Robert Schweihs

This authoritative title provides timely answers to controversial valuation, damages, and transfer price questions. Adam Smith's three sources of wealth creation - land, labor, and capital - have long been the factors that determine what a business is worth. Over the past few decades, however, a fourth factor, intellectual capital, has become increasingly important, yet difficult to quantify in the valuation equation. "The Handbook of Business Valuation and Intellectual Property Analysis" features the contributions of experts from leading valuation, accounting, investment banking, and law firms, and provides a comprehensive review of contemporary valuation issues related to businesses, securities, and intellectual property. Topics explored in this important book include: Business Valuation Technical Topics, Business Valuation Special Applications, Advanced Business Valuation Issues, Intellectual Property Valuation Issues, Intellectual Property Transfer Price Analysis Issues, Intellectual Property, and Economic Damages Issues. Accurate valuation, damages, and transfer price conclusions don't have to be a shot-in-the-dark proposition. "The Handbook of Business Valuation and Intellectual Property Analysis" presents valuation, damages, and transfer price analyses in a way that is clear, convincing, and cogent for practitioners at every level. Estimating business, security, and intellectual property values is increasingly difficult in today's transformed economy. From employee stock options to intellectual property license agreements, analysts, investors, accountants, lawyers, and regulators must understand complex new factors and confront important new challenges. In addition, governmental and regulatory changes combine with recent judicial precedent to impact both the theory and practice of valuation. "The Handbook of Business Valuation and Intellectual Property Analysis" provides practitioners with the latest information and knowledge on key aspects of business and intellectual property valuation, damages, and transfer price analyses. Contributions from today's leading experts, compiled and organized by valuation authorities Robert Reilly and Robert Schweihs, make this the essential volume for anyone looking for answers to transaction, financing, taxation, litigation, and corporate planning questions, such as: How should valuation discounts be applied in family limited partnerships, and what is the appropriate evidence for quantification of these discounts? And, what is the relevant regulatory framework for arriving at an arms-length transfer price in intercompany transactions? It also answers questions such as: What are the economic attributes and influences that create, destroy, and transfer value in intellectual property? How is the value of securities not traded on organized stock markets affected by their lack of liquidity? And, what three methods for valuing S corporations (and other pass-through entities) may now be more accurate than the traditional method, and why?" The Handbook of Business Valuation and Intellectual Property Analysis" updates and expands the professional literature related to business/intellectual property valuation, economic damages, and intercompany transfer price analyses. Controversial issues are demystified, and advanced topics are explained in ways that are illuminating for experienced practitioners while still remaining understandable for newer professionals. This latest Reilly/Schweihs anthology is certain to become a welcome and required addition to the libraries of valuation analysts, investment bankers, financial accountants, bankruptcy professionals, tax specialists, financial planners, and litigation attorneys.

This is the one-volume intangible valuation library - from trusted authorities Robert Reilly and Robert Schweihs. Seen as a science by some professionals - as an art by others - the accurate valuation of intangible assets can nonetheless be a daunting financial maze. In their latest comprehensive valuation resource, financial experts Robert F. Reilly and Robert P. Schweihs present in detail the theory and methodology associated with the identification, valuation, and economic analysis of intangible assets. "Valuing Intangible Assets" provides the necessary skills, judgment, and knowledge to truly understand the entire process of intangible valuation. Beginning with a general, fundamental overview of the topic, and building to more specific, advanced theories and practices, this essential book: clarifies the distinctions - and also the relationships - between tangible and intangible assets; works through each of the three basic valuation approaches - cost, market, and income - with guidelines to determine which is appropriate for a given situation; discusses remaining useful life analysis, transfer pricing analysis, and economic damages analysis; summarizes professional standards, including USPAP intangible asset valuation and reporting standards; introduces and describes specific types of intangibles - contract, copyright, goodwill, and more; and, provides entertaining and in-depth case studies to provide real-world application for concepts and activities.

As with any skill, the ability to successfully manage a project requires expert training and extensive practice. Today, as global business becomes increasingly complex and stakes become higher, project management is finally getting the recognition it deserves - as a profession, distinct from general management. "Mastering Project Management" takes you deeper than any previous book into the developing project management body of knowledge. This innovative book provides practical guidance on how project managers can deal with: Managing project risk; Managing resources; Improving estimating capability; Meeting customer requirements; Systems thinking; Performance improvement; Cost/schedule control systems criteria; Managing innovation; and, Managing and improving quality. "Mastering Project Management" takes you beyond the basic tools for planning, scheduling, and control, and to the next level of project and more! It ensures that - whether you are employed specifically as a project manager or whether you have a critical project dropped in your lap at the last minute - you will be prepared to take control and guide each project to a successful finish. ##### This is the complete Small Business Valuation Library in one volume. 'The team of Pratt, Reilly, and Schweihs has done it again. This book contains so much useful information that practitioners with any level of experience must have it in their library. While the book itself is good, the bibliographies and resources cited give the practitioner a database full of information' - Gary R. Trugman, CPA, CBA, ASA, CFR, MVS Trugman Valuation Associates. 'The eagerly awaited third edition of "Valuing Small Businesses and Professional Practices" is a 'must have' for every valuation professional. In providing essential valuation theory and meaningful valuation instruction, this treatise is both a comprehensive reference source and a practical tool. No valuation professional should be without it!' - James L. (Butch) Williams, CPA, CVA Managing Director, Williams Taylor & Associates, P. C. 'This third and expanded edition of "Valuing Small Businesses and Professional Practices" is the most comprehensive, readable, and all-around best book ever written on the subject. Whether you are an apprentice or an experienced practitioner, this book is a must' - David M. Bishop, CBA, FIBA, ASA President, American Business Appraisers, Inc. 'I always look forward to receiving a copy of the update of "Valuing Small Businesses and Professional Practices". It provides us with helpful hints, current techniques, and the latest bibliographies of relevant topics. This book and "Valuing a Business" (by the same authors) are the most used references in our office' - James S. Rigby, Jr, ASA President, The Financial Valuation Group. For well over a decade, "Valuing Small Businesses and Professional Practices" has been the essential one-volume reference for performing accurate valuation analyses. Its detailed instructions have helped professionals value everything from 'mom-and-pop' operations to businesses worth $5 million or more. Times have changed, however, and new government regulations and legal practices create an environment where lack of current knowledge can be critical - and costly! For this reason, "Valuing Small Businesses and Professional Practices" is now completely revised and updated to include: more emphasis on the legal context in which valuations are performed; an entirely new chapter on value drivers and their impact on valuation methods; new chapters detailing discounts for lack of marketability, public company data, and comparative transaction databases; and, a greatly revised chapter on alternative dispute resolution, now broadened to explain increasingly popular mediation along with arbitration. When you want every detail on small business valuation, plus hundreds of sources where you can find courses, seminars, books, tapes, supporting quantitative data, and more on any subject, "Valuing Small Businesses and Professional Practices, Third Edition", remains the only comprehensive tool of its kind.