Fair Value Measurement: Practical Guidance and Implementation, 2nd Edition

Now in a second edition, Fair Value Measurement: Practical Guidance and Implementation helps you succeed in understanding the fair value accounting rules that entities must follow. The result is a resource that you can rely on to understand the importance of valuation and the concepts that define it. In basic, nontechnical language, author Mark Zyla presents practical direction for best practices of financial valuation as well as for understanding the many FASB pronouncements involving fair value. An essential guide for auditors and valuation specialists, Fair Value Measurement: Practical Guidance and Implementation, Second Edition brings you up to speed on what fair value really means.

About the Author

MARK L. ZYLA CPA/ABV, CFA, ASA is a Managing Director of Acuitas, Inc., an Atlanta, Georgia–based valuation and litigation consultancy firm. Zyla has provided valuation consulting for more than twenty-five years for various types of entities for the purposes of mergers and acquisitions, financial reporting, tax planning, and corporate recapitalizations, as well as valuing various types of intellectual property and other intangible assets for many purposes.

Zyla received a BBA in finance from the University of Texas at Austin and an MBA with a concentration in finance from Georgia State University. Zyla also completed the Mergers and Acquisitions Program at the Aresty Institute of the Wharton School of the University of Pennsylvania and the Valuation Program at the Graduate School of Business at Harvard University. He is a Certified Public Accountant, Accredited in Business Valuation (CPA/ABV), Certified in Financial Forensics (CFF) by the AICPA, a Chartered Financial Analyst (CFA), and an Accredited Senior Appraiser with the American Society of Appraisers (ASA) certified in Business Valuation.

Zyla is a member of the American Society of Appraisers (ASA), the American Institute of Certified Public Accountants (AICPA), CFA Institute, and the CFA Society of Atlanta. Zyla is a former member of the Business Valuations Committee of the AICPA, and a former Chairman of the ABV Examination Committee of the AICPA. He is currently a member of the Business Valuation Standards Subcommittee of the ASA. He was named as Vice Chairman of the Appraisal Foundation's first Business Valuation Best Practices Working Group and to the AICPA's Fair Value Resource Panel, working as a member of the AICPA's Impairment Practice Aid Task Force. He has been the chairman of the AICPA's Fair Value Measurements conference. He is also a member of the Southern Venture Forum, a professional organization of the venture capital community. He is one of the authors of the International Glossary of Business Valuation Terms, which has been adopted by the major valuation organizations.

Zyla is the co-author of the AICPA courses Fair Value Accounting: A Critical New Skill for All CPA and Accounting for Goodwill and Intangible Assets published by the AICPA. He is also co-author of Fair Value Measurements: Valuation Principles and Auditing Techniques as well as Business Combinations: Goodwill and Other Intangible Assets, both published by Tax Management, Inc., a division of the Bureau of National Affairs.

Zyla regularly teaches valuation topics for the AICPA and other professional organizations. He has taught for the Federal Judicial Center and is on the faculty of the National Judicial College, teaching valuation concepts to judges.