One purpose of fixing a value on an interest in a closely held business is to determine gift and estate tax liability. CPAs called upon to provide such valuations know that this can be a painstaking ...

Capital budgeting decisions are among the most important decisions a business owner or manager will ever make. Which assets to invest in, which products to develop, which markets to enter, whether to ...

There have been various studies analyzing the performance of Benjamin Graham's strategy of purchasing stocks trading below net current asset value (NCAV). These stocks are also called net-nets. Graham ...