ABSTRACT
This chapter focuses on a number of valuation methods that will be classified under two main categories, namely non-going concern and a going concern. Business valuation is a process and a set of procedures employed to approximate the economic value of an owner's interest in a business. The determination of the value of a business also depends on the valuation assumptions. The valuation of a business implies that the financial market participants determine the price they are willing to pay or receive to fulfil their obligations as a consequence of the sale of a business. A major consideration in assigning a value to a business is to formally articulate the reason for the business valuation and circumstances the business is encountering at the time. The objective of having a business valuation framework is to be able to formulate the Business Valuation Report.
