Third Edition.
This new outstanding Australian reference on corporate valuations uses Wayne Lonergan's extensive practical experience. It extends and refines the work of the previous edition, with new chapters and a complete revision. Valuation is an art, rather than a science, and Lonergan approaches his subject with both thoroughness and a fine understanding of the endless complexity that shifting contexts can bring to that "art". From essential principles to regulatory factors concerning valuers, the book offers a comprehensive, reliable, clearly expressed guide to every significant issue.
Areas covered include:
- Intangible assets
- Convertible notes
- Valuation of mastheads, businesses, government enterprises, vendor securities, liabilities and derivatives
- Legal liability of valuers
- Valuation in the 1980s (what went wrong)
- Impact of taxation on valuations
