Editorial Type:
Article Category: Research Article
| Online Publication Date: 01 Jan 2008
Back to the Future, Part II
Back to the Future, Part II
ASA
Page Range: 148 – 158
The consideration of subsequent events (“time traveling”) in business valuation is not supported by the definition of fair market value, Revenue Ruling 59–60, business valuation standards, relevant case law, and common sense.Abstract
Copyright: © 2008 American Society of Appraisers
Contributor Notes
Michael A. Paschall, ASA, CFA, JD, is a Managing Director and Executive Vice President of Banister Financial, Inc., in Charlotte, North Carolina. Mr. Paschall is an Accredited Senior Appraiser (ASA) in business valuation of the American Society of Appraisers and is a Chartered Financial Analyst (CFA).