A comprehensive review of Valuing a Business, 6th edition (VAB6) is on the website of the International Valuation Standards Council (IVSC), calling it a “foundational reference for business valuation education worldwide.” Ray Moran, ASA, MRICS, who specializes in valuations for cross-border mergers and acquisitions, wrote the review. He is director and chair of the Marketing Committee at the iiBV and also serves as managing director in the FON Valuation Services group. “Valuing a Business has been on my bookshelf since the 1980s, and I’ve owned several editions through the years,” writes Moran. “While I’ve referred to it as a resource early in my career in the U.S., it became indispensable when I moved to Hong Kong in 2001.” You can read the review if you click here.

The book, which Shannon Pratt first wrote in 1981, is being published with underwriting sponsored by the American Society of Appraisers (ASA) Educational Foundation. Pratt passed away, but the ASA assembled a group of contributors to bring the book up-to-date and maintain Pratt’s legacy for the valuation profession.