top of page
Search

Valuation of business

Writer: Thomas Tsang
Thomas Tsang
Aug 30, 2020
1 min read

In valuing a business or business interest, the most frequently used approaches are market approach or income approach.

Cost approach is not appropriate for business Valuation. It may be appropriate for start up business when forecast is not feasible.

 
 
 

Recent Posts

See All
Equity instruments subsequent measurement

Per SFRS 109, para B5.2.3, all investments in equity instruments and contracts on those instruments must be measured at fair value. However, in limited circumstances, cost may be an appropriate estima

 
 
 
Revenue completeness

The golden rule - revenue completeness can never ever be ascertained from issued sales invoice. Revenue completeness should be ascertained from fulfilled order, contract or delivery note. It should

 
 
 
Audit thinking logic

What are we going to audit - revenue, trade receivables, unquoted equity investments, trade payables, etc What audit procedures (nature, timing) to be performed to ascertain each of the assertions Wha

 
 
 

Comments

bottom of page