Fair Value Measurement: Practical Guidance and Implementation

The examples (cases) in the appendices to several of the chapters are a good addition, which improves on the 1st addition, moving me up from 3 stars to 4 starts. The new chapter on contingent consideration is well done, as is the expanded chapter on advanced valuation methods (real options are an important topic that has not received enough attention by the financial reporting community). I have two suggestions for further improvement. First financial instruments commonly used by non-financial companies are not covered. I'd suggest coverage of employee stock options and other awards. And, I'd suggest coverage of common derivatives used as hedges, such as interest rate swaps, forward sale/purchase contracts and futures. Second, I'd suggest the addition of an "auditing/documentation considerations" section at the end of each chapter. Even for company management, the auditing requirements are important, as the entity's financial staff needs to prepare appropriate documentation to support their conclusions.

First rate text on the topic of valuation for financial reporting. Well written by an acknowledged expert and thought leader in this field.I highly recommend it for all professionals doing this type of valuation work as well as their clients - Robert James Cimasi

I liked this book very much as it is written in plain English in a manner that even a person with non-accounting background can easily understand fair value measurement.

Excellent!