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Technical

Understanding Business Valuation: A Practical Guide to Valuing Small to Medium Sized Businesses Logo aicpa

  Gary R. Trugman, CPA/ABV, MCBA, ASA, MVS |   Free |   AICPA |   Feb 2018 |   AICPA Store
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.

Topics covered:
  • Management accounting: Technical: Corporate finance & treasury management: Business valuation, Intermediate
  • Fair value measurement: Technical: Business & intangible assets, Intermediate
  • Forensic & valuation services: Technical: Valuation analysis, Intermediate
  • Forensic & valuation services: Technical: Litigation, Intermediate
  • Forensic & valuation services: Technical: Damage calculations, Intermediate
  • Forensic & valuation services: Technical: Family law, Intermediate
  • Forensic & valuation services: Technical: Mergers & acquisitions, Intermediate
  • Forensic & valuation services: Technical: Tax valuation, Intermediate
  • Forensic & valuation services: Technical: ESOP valuation, Intermediate
  • Forensic & valuation services: Technical: Fair value, Intermediate

About the Author:

Gary R. Trugman is a Certified Public Accountant licensed in the states of New Jersey, New York (inactive), and Florida. He is Accredited in Business Valuation (ABV®) by the AICPA and is a Master Certified Business Appraiser (MCBA) as designated by the Institute of Business Appraisers Inc. He is also an Accredited Senior Appraiser (ASA) in business valuation by the American Society of Appraisers. Gary is regularly court appointed and has served as an expert witness in federal court and state courts in several jurisdictions, testifying on business valuation, business and economic damages, and other types of litigation matters. Gary is currently the chairperson for business valuation education for the American Society of Appraisers and serves on its ethics committee. He was presented with the Volunteer of the Year Award by the AICPA in 2011 for outstanding service in furthering the goals of the business valuation profession. Gary has previously served on the AICPA’s ABV Examination Committee, the AICPA’s subcommittee working with the judiciary, the ABV credentials committee, the executive committee of the management consulting services division, and the business valuation and appraisal subcommittee. He is the past chair of the Florida Institute of CPAs’ litigation and business valuation committee and was formerly on the New Jersey Society of Certified Public Accountants’ litigation services committee, business valuation subcommittee (past chairman), and matrimonial committee.

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