Publisher's Synopsis
VALUSOURCE PRO VERSION 3, WHEN COMBINED WITH WILEY–VALUSOURCE VALUATION DATA, VIDEO TUTORIALS, INSTRUCTIONAL MOVIES, FREE TECHNICAL SUPPORT AND TRAINING GIVES YOU ALL THE RESOURCES YOU NEED TO AUTOMATE AND STANDARDIZE YOUR BUSINESS VALUATION PRACTICE – THE TOTAL BUSINESS VALUATION SOFTWARE SOLUTION!
What′s new? The release of ValuSource Pro Version 3 features new analytical tools that redefine the meaning of power and precision in the valuation process. Here are just a few of the remarkable new enhancements to help you more efficient and effective:
- A schedule that reconciles historical income to adjusted income and allows you to print your complete annotations.
- The new Trial Balance schedules lists all account adjustments including printable notations.
- Multiple normalizations or adjustments to a single account with complete annotation.
- The present value of appreciated gain has been added to the built–in gains schedule.
- A mid–year convention model has been added to the income methods.
- Multiple year analysis capability for both RMA and IRS ratios is now included to better understand industry trends.
- Financial statement analysis is greatly improved with the addition of minimum, maximum and average statistics.
- Chart financial statements with a single mouse click.
How to select the correct valuation method for your current engagement. Automate you valuation engagements with ValuSource Pro Version 3! Clearly, cash flow ratios are crucial benchmarks when determining the financial health of any enterprise being valued. Once you have entered your financial statements, the program automatically analyzes four different economic benefit streams so that any anomalies are readily apparent. The ValuSource Pro vigorously analyzes historical and adjusted streams.
Graphing? That elusive picture that is worth a thousand words is now just a mouse click away. Graphic representations of the economic benefit streams are quick, yet powerful. Just paint the data, click the mouse and a professional appearing graph can be included in your report.
The greatly expanded Capitalization of Excess Earnings now includes nine different economic benefits streams from which to choose. ValuSource Pro Version 3 has added a number of cash flow ratios to increase the focus on the vital availability of cash for operations and investments.
Attachments are an integral part of the new ValuSource Pro Version 3. Now you have the means to include attachments such as your favorite spreadsheet analysis right into the valuation process and work papers.
Wiley–ValuSource has always been the leader in developing powerful, intuitive and comprehensive valuation software. ValuSource Pro Version 3 gives you a whole new level of analysis, functionality and ease of use. A few of the other new main features include:
⋅ Pratt′s Stats can now be included in the valuation analysis.
⋅ New cash flow multiples are available for the Market Approach.
⋅ Dual navigational controls make it easier to move around in the program.
⋅ Import Excel and Word documents directly into ValuSource Pro Version 3.
⋅ 19 built–in Valuation Methods with conclusions.
⋅ Custom Valuation Methods can be added.
⋅ More than 120 Schedules.
⋅ Navigation simplified by explorer–like and menu interfaces.
⋅ Projects are based upon modifiable template files
⋅ Uses Microsoft® Excel 97/2000/XP workbooks and worksheets
⋅ Projects can have unlimited custom worksheets
⋅ Schedules can be customized direct in Microsoft® Excel
⋅ Schedules can also be customized in built–in schedule editor
⋅ Dozens of other new features make appraisals faster, easier and more professional
ValuSource Pro Version 3 has more analysis and flexibility than any other business valuation program. The professionally formatted Client Questionnaire makes compiling the data needed for a valuation much easier. Once the information has been gathered, enter up to ten years of historic data and the program will calculate and produce:
1. Financial Statements
2. Adjustments with annotations
3. Common size trends and ratios
4. Industry Analysis and Comparisons (after you download or manually enter RMA, IRS, SBBI®, Bizcomps®, Mid–Market Comps, Pratts Stats, Mercer, IBA and other data)
5. Income Approaches to Valuation
6. Capitalization of Earnings
7. Capitalization of Excess Earnings
8. Summary and Detailed Discounted Future Earnings
9. Sensitivity Analysis
Market Approaches to Valuation
1. Market Data
2. Industry Composition
3. Subject Company Transactions
Asset Approaches to Valuation
1. Book Value
2. Adjusted Book Value
3. Liquidation value.
ValuSource Pro Version 3 is totally customizable and seamlessly integrates with Microsoft® Excel. All schedules can be changed (add rows or columns, formulas, formats) in either Microsoft® Excel or our built–in schedule editor. All ValuSource Pro Version 3 schedules can be exported to Microsoft® Excel for analysis, printing, charts or hot–linked to Microsoft® Word. You can add your own project worksheets or import them from Excel.
PRODUCE A 25 PLUS PAGE DRAFT VALUATION REPORT IN MINUTES! Because no appraisal is complete without the narrative report, ValuSource Pro Version 3 can be "hot–linked" with ValuWrite, our Microsoft® Word compatible report writer. ValuWrite gives you to power to create professional looking narrative valuation reports automatically. This optional program takes report generation to the next level with fully formatted USPAP "smart reports" that hot–link data to ValuSource Pro Version 3. ValuWrite includes only the appropriate text for your specific case, and automatically hot–links the numbers, tables and charts from ValuSource Pro Version 3 to the report that is created in Microsoft® Word. If any data changes in ValuSource Pro Version 3, the report automatically changes as well! Since the report is created as a Word document, editing and formatting is a breeze. This fully customizable USPAP report includes:
⋅ Cover Letter and Summary
⋅ Assumptions and Limiting Conditions
⋅ Financial Review and Industry Comparison
⋅ Valuation Methodology
⋅ Valuation Summary
⋅ Hypothetical Deal Scenario and Cash Flow
⋅ Analysis Schedules, Graphs and Footnotes
