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.
In business valuation, enterprise value is the value of the business. It includes any intangible assets not booked such as goodwill,...
To perform walk through in audit with the objective to ascertain the audit assertions. We need to understand the control or process in...
Per FRS 109, para 5.1.1, financial assets such as equity instruments shall be initially measured at fair value. And subsequently measured...
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