BUSINESS VALUATION STANDARDS - A NEW APPROACH FOR POLAND (Standardy wyceny przedsiebiorstw - nowa propozycja)

• Authors: Patena Wiktor , Maslankowski Krzysztof
• Languages of publication: PL

Abstracts

EN

Many of the generally accepted valuation principles and concepts are related to the classical valuation trio: income approach, asset approach, market approach. Professionals who (in the USA) are granted CBA, CVA or ASA titles have to follow prescribed rules and guidelines in preparing and distributing the appraisal reports. The standards created by some professional organizations must follow a uniform standard of practice consistent with the Uniform Standards of Professional Appraisal Practice. In Poland we lack such standards. All valuation professionals recognize many fundamental truths. All valuators agree on the basic definitions surrounding key concepts such as discount rate or FCF. Still, the valuations may lack consistency and integrity that can be imposed by a uniform valuation standard. The paper is an attempt to review existing valuation standards and suggest a new approach to building a code of practice for valuation professionals in Poland.

Keywords

EN

BUSINESS APPRAISAL; BUSINESS VALUATION; PRIVATIZATION PROCESS; VALUATION STANDARDS

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wyższa Szkoła Informatyki i Zarządzania z siedzibą w Rzeszowie
• Journal: Finansowy Kwartalnik Internetowy e-Finanse
• Year: 2010
• Volume: 6
• Issue: 2
• Pages: 26-39
• Document type: ARTICLE

Contributors

author

Patena Wiktor

author

Maslankowski Krzysztof

• Wiktor Patena, Wyzsza Szkola Biznesu - National-Louis University w Nowym Saczu, Zaklad Finansów i Rachunkowosci, ul. Zielona 27, 33-300 Nowy Sacz, Poland

Identifiers

CEJSH db identifier

10PLAAAA08516