Abstract
From the time it becomes necessary to value the shares in a business. Owners and potential owners require valuations in order to negotiate a reasonable price to sell or to buy, and from time to time to satisfy the revenue authorities. Bankers require valuations in order to determine how much reliance to place on assets pledged as security whether in the form of company shares or of charges on individual assets. As a result of the conventions and limitations of traditional accounting it should already be apparent to the reader that a company cannot be valued simply by reading the total from the foot of the balance sheet.
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Further Reading
J. H. Clemens and L. S. Dyer, Balance Sheets and the Lending Banker (Europa 5th ed., 1977 ).
C. G. Glover, “The Valuation of Unlisted Shares” in Accountants Digest Series (ICAEW).
H. H. Hutchinson and L. S. Dyer, Interpretation ofBalance Sheets (Institute of Bankers 5th ed., revised 1981 ).
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© 1985 Roger Bryant
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Bryant, R. (1985). Company Valuation. In: Accountancy. Banking and Finance Series, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-4964-5_13
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DOI: https://doi.org/10.1007/978-94-009-4964-5_13
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-8698-1
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