Articles on the topic

Methods and standards

Federal Court of Justice ruling: Guideline for evaluating a freelance practice

Federal Court of Justice ruling: Guideline for evaluating a freelance practice

The evaluation of freelance practices, such as medical practices, architecture firms or law firms, remains insufficiently defined in current standards such as IDW S1 or IFRS. However, the Federal Court of Justice has developed clear guidelines for evaluating goodwill in such freelance practices.

Peter Schmitz
Advanced basics of the multiplier process

Advanced basics of the multiplier process

In this article, we dive deeper into the basics of the multiplier process and shed light on complex aspects. We also provide insights into practical application and relevant criteria for choosing the optimal multiplier.

Peter Schmitz
IDW S 13: Tax Amortization Benefit is a core element

IDW S 13: Tax Amortization Benefit is a core element

The IDW S 13 standard makes the consideration of a tax amortization benefit a mandatory requirement.

Peter Schmitz
Special features of determining an objectified company value in IDW S13

Special features of determining an objectified company value in IDW S13

Find out which key differences must be considered in company valuation for family and inheritance law matters in accordance with IDW S13.

Peter Schmitz
Special features of the reconciliation of company value in IDW S13

Special features of the reconciliation of company value in IDW S13

A key feature of company valuation in family and inheritance law is that in most cases it involves a property dispute between natural persons. As a result, in addition to company shares, other assets of natural persons must regularly be taken into account.

Peter Schmitz
Cost of capital databases – an overview for auditors

Cost of capital databases – an overview for auditors

Auditors who want to produce a reliable business valuation, including the cost of capital and beta factors, need a large amount of valid data. To obtain this data, it is useful to access special databases. There is a wide range of databases available, from the USA to Europe, and from those that are free of charge to those that are not.

Peter Schmitz
The debt ratio in the multiplier valuation

The debt ratio in the multiplier valuation

Multipliers are often used in company valuations to verify plausibility, particularly in a capital market-oriented environment, where they often serve as the main valuation method. However, it is not clear to everyone that the debt ratio also plays a role in the multiplier rating, similar to the determination of the beta factor.

Peter Schmitz
Impairment test in accordance with IFRS IAS 36 and HGB: Basics and pitfalls

Impairment test in accordance with IFRS IAS 36 and HGB: Basics and pitfalls

Find out how an impairment test is carried out, what IFRS requirements are and which errors can be avoided.

Peter Schmitz