This report, from 1992, highlights the results of a survey of the valuation methods of accounting firms in Scotland.
A survey of the valuation practices of professional accounting firms (1992)
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Although the practices tended to be uniform, they were characterised by:
- A general lack of regard for some of the key principles of modem valuation theory, and by
- A general assumption that the valuation method adopted is of secondary significance in what was perceived to be essentially a process of negotiation.
This publication will be of interest to accountants, businessmen, lawyers, company directors and shareholders. Those involved in education and students will also find it helpful.