Discounting and Business Valuation

Discounting and Business Valuation

The methods used to value businesses are several, each having varying degrees of complexity. Perhaps the most basic is the net book value of a business’s assets. This is vulnerable to accounting conventions like depreciation. It might be tempting to restate assets to...
The Value of Internal Auditing

The Value of Internal Auditing

In the minds of many, the word “auditor” conjures up images of an unwelcome annual visitor to the business premises who, perhaps for a few weeks, tends to cause upheaval in the day-to-day operations with very little direct positive impact on the business. This is, of...