lunedì 11/09/2023 • 06:00
Measuring the Value of Companies is not simple: there are various approaches and methods that the valuer can follow and the volatile global economy in which companies have to operate. These difficulties can be reduced with the support of best practice and doctrine of valuation, which in Italy is contained in the Italian Principles of Valuation, while abroad the reference is given by the International Valuation Standards.
Ascolta la news 5:03
Company characteristics, information base and estimation purposes
It is not objectively possible to determine only a unique measure as "fair" value of a firm because each value is always and in any case the result of an estimate and - therefore - of an approximation.
This principle is contained in the Italian Principle of Evaluation (Piv) I.1.1 and consider a concept taken up several times by the various manuals on valuation, also at an international level.
This means that valuing a firm requires an effort, an appreciation of the valuer to understand the future benefits and utilities that a firm will be able to guarantee to those who own it.
However, the valuation effort required of a valuer is subject to a range of criticals and many factors of uncertainty. Think the approaches and methods elaborated over the years by the doctrine. Think the degree of subjectivity of the choices made by the evaluator, which lead to different estimates for the same company if drafted by different valuers. Think the global economy in which firms have to operate, characterized by volatile conditions.
This means that the valuer must operate trying to orient himself in order to calculate the final re
© Copyright - Tutti i diritti riservati - Giuffrè Francis Lefebvre S.p.A.
Vedi anche
La valutazione un’azienda è un esercizio tutt’altro che facile: svariati sono gli approcci e i metodi che il valutatore può seguire e crescente è la turbolenza del contesto macr..
Ti potrebbe interessare anche
Amount B is used to determine the transfer prices of certain marketing and distribution activities in a simplified manner. On 17 July 2023, the OECD launched the public c..
The Study shows that the introduction of a carbon tax would have low average effects on credit risk. The effect is slightly larger for the agriculture and services sector while there i..
The EU Parliament adopted its position on the artificial intelligence act ahead of talks with EU states on the final shape of the law. The rules would ensure that European AI is fully ..
This article delves into the transformative shift in modern business models, focusing on Benefit Corporations and B Corps as catalysts for merging profitability with E..
The evolution of the Italian Labour Court’s view of the dismissal of employees for poor performance is a useful point of reference to address a topic that is closely related to ..
In Italy, installing video surveillance systems in workplaces involves compliance with several requirements. The protections provided by law are put in place to guarantee..
The Italian government has always promoted the employment of young people and students through special contractual formulas. The aim pursued is twofold: on the one hand, ..
As of 03.10, intermediaries are required to comply with the guidelines issued by ESMA on product governance under MiFID II. The guidelines provide operators with up-to-date guid..
The OECD has examined and provided its observations on the communications strategies adopted by Tax Administrations to support SMEs in complying with their tax obligat..
During 2016, with Decree no. 253, the Italian government transposed EU Directive 2014/66/EU and introduced in the Italian immigration system the residence permit dedicated to intra-..
Rimani aggiornato sulle ultime notizie di fisco, lavoro, contabilità, impresa, finanziamenti, professioni e innovazione
Per continuare a vederlo e consultare altri contenuti esclusivi abbonati a QuotidianoPiù,
la soluzione digitale dove trovare ogni giorno notizie, video e podcast su fisco, lavoro, contabilità, impresa, finanziamenti e mondo digitale.
Abbonati o
contatta il tuo
agente di fiducia.
Se invece sei già abbonato, effettua il login.