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Incorporation: a guide to the valuation of accounting firms

By: Contributor(s): Language: English Series: Accountant ; (5810) February 1988, 5-7(3)Publication details: 1988Subject(s): Summary: The increasing likelihood of incorporation becoming a reality has presented accounting firms with a number of questions. Who owns the goodwill of an incorporated accounting firm? How much will the partners be worth? What will happen to the share of the ex-partners? If an accounting firm were floated, how much would it be worth? and can a p/e ratio be put on it, and how would one go about it?. This article reports on the findings of a survey of reactions to these questions conducted by The Accountant among partners in the profession.

The increasing likelihood of incorporation becoming a reality has presented accounting firms with a number of questions. Who owns the goodwill of an incorporated accounting firm? How much will the partners be worth? What will happen to the share of the ex-partners? If an accounting firm were floated, how much would it be worth? and can a p/e ratio be put on it, and how would one go about it?. This article reports on the findings of a survey of reactions to these questions conducted by The Accountant among partners in the profession.