PLEASE READ THE BELOW ESSAY AND WRITE A SUBSTANTIVE 300 WORD REPLY Make Sure That You Are Adding New And Relevant Information With Each This Reply

  
 
PLEASE READ THE BELOW ESSAY AND WRITE A SUBSTANTIVE 300 WORD REPLY Make Sure That You Are Adding New And Relevant Information With Each This Reply 
In a business whether it be an asset intensive operating company, a service based company or any company in between, value may be the key component and driving force that sustains operations. More particularly, valued added to the shareholders or equity interests from business operations is what allows a company to remain as a going concern. The issue arises as to how to measure value objectively in a way that can be repeated and valid in what it measures. If the process cannot be repeated, it should not be a method to appraise value. In addition, if the process does not actually measure value but some other factor, it should not be used. The process that develops into a set way of measuring value is now called a standard of value.
Standards to report and conduct a valuation are a relatively modern concept that was not introduced until the 1980’s. These standards resulted from a crisis in savings and loans originating from real estate appraisals. In these appraisals, the real estate valuation analysts appraised properties much higher than the realizable value, which resulted in substantial losses when the loans defaulted (Hitchner, 2017, p. 583).  Because of this financial crisis, the Uniform Standards of Professional Appraisal Practice was formed and was implemented in the United States in 1989 as the generally accepted set of appraisal standards (“The Appraisal Foundation,” 2018). The USPAP includes 10 standards that are used to report and conduct their appraisals of value. The standards can be grouped into three sections that cover real estate, personal property, and business and intangible assets. USPAP Standard 10 is included in the business and intangible assets group.
The basis of this standard is the idea that the results of the appraisal should be expressed and communicated in an understandable and unbiased way. Under this standard there are four rules that constitute how the written and oral appraisals should be conducted, classified, must contain, and address (Hitchner, 2017, p. 591). The amount of detail required in the report of an appraisal should eliminate most of the confusion that would result if this standard did not exist as mentioned in rule 10-2. In addition, a signed certification to the extent that the information is accurate, unbiased, and complete is mentioned in rule 10-3. This holds the appraiser accountable and should deter any malicious action to benefit the appraiser.  Standard 10 like all USPAP standards are applicable and should be implemented in valuations and appraisals.
In relation to a business valuation in Whole Foods, there was an appraisal done  that provided a bottom line valuation number of $42 per share resulting in a 27 percent premium (Whitten, 2017). Before this report came out, analysts had to evaluate Whole Foods in depth. Once that process was complete, the analysts wrote a report justifying their reasoning for valuing Whole Foods at the price they did. This report amplifies the credentials of the valuation and puts investors at ease knowing this valuation was not some random, fabricated number. Not giving a detailed report on how the valuation number was finalized would put doubt in peoples’ minds and would not have the same effect as applying Standard 10 of USPAP. While having standards in life can provide order, as Christians it is necessary to recognize there is a higher standard that must be abided by than what is present here on earth. In Romans 12:2 it says, “Do not conform yourselves to the standards of this world, but let God transform you inwardly by a complete change of your mind. Then you will be able to know the will of God – what is good and is pleasing to him and is perfect.”
References
Hitchner, J. R. (2017). Financial Valuation: Applications and Models, +Website (4th ed.).
Hoboken, NJ: John Wiley & Sons.
The Appraisal Foundation: Background and History. (2018). Retrieved from http://tafapp.advsolhosting.net/imis/TAF/About_Us/TAF/About_Us.aspx?hkey=800ad342-8e15-4010-b123-64e5e2159269
The Holy Bible
Whitten, S. (2017, June 16). Amazon is buying Whole Foods in a deal valued at $13.7 billion. Retrieved from https://www.cnbc.com/2017/06/16/amazon-is-buying-whole-foods-in-a-deal-valued-at-13-point-7-billion.html

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 15% with the discount code SUCCESS