scholarly journals Significance Of Residual Value In Asset Valuation

2014 ◽  
Vol 22 (1) ◽  
pp. 44-50
Author(s):  
Konrad Żelazowski

Abstract The construction of residual value is a key element of income methods in asset valuation. Its main task is to include asset value at the end of the forecasted cash flow period. Although it is common to apply simplified models of residual value in valuation practice, its meaning in shaping the final outcome is substantial. The aim of the article is to emphasize the role of using an appropriate formula in determining residual value in the valuation process. Moreover, alternative methods of estimating residual value will be presented together with scenarios of applying them.

2013 ◽  
Vol 35 (2) ◽  
pp. 121-134 ◽  
Author(s):  
Mark Jackson ◽  
Sonja Pippin ◽  
Jeffrey A. Wong

ABSTRACT The U.S. court system plays an important role in resolving asset valuation disagreements between taxpayers and the taxing authority. Prior literature suggests that in estate tax cases, courts act as compromisers choosing a value somewhere between the estimates arrived at by the taxpayer and the Internal Revenue Service (IRS). Some studies argue that the tax courts choose the arithmetic mean between the two estimates. Using models from prior literature and an updated dataset, we reexamine the role of the courts in appraising disputed asset value estimates and find that the courts do not simply use the mean value between taxpayer and IRS asset valuation estimates. In addition to testing the concept of courts acting as compromisers, we investigate whether there are certain factors related to the case and the judge that may be correlated with the judge's decision. We find evidence that suggests that the number of appraisers used by the taxpayer, the political affiliation of the judge, the type of asset being valued, and the age and complexity of the case are related to the decisions of the court. Our study should be of interest to taxpayers, the IRS, the courts, and tax researchers.


2020 ◽  
Vol 3 (2) ◽  
pp. 104-114
Author(s):  
Petr Petrovich Popov ◽  

This article discusses the prospects for the development of mediation practice in the banking sector. The main task of mediation is to develop cultural negotiations. Examples of the effectiveness of mediation as the main path to social stability in this area, to create a conflict-free living environment, the ability to negotiate are given. Mediation is shown as a negotiation process used in complex or conflict situations. Therefore, it can have the widest application. The conflicts that mediators have encountered and have experience working with during mediation are quite extensive. In the socio-economic and political spheres; in the trade and financial sphere, it is possible to single out conflicts typical for other firms or enterprises; there could be conflicts in state administrative institutions similar to those in enterprises. Modern industries are becoming customer-oriented, which means the constant attention of specialists of different professions to human satisfaction. It is shown that alternative methods for resolving disputes can become an effective tool for resolving conflicts in economic circulation. This institute operates in various foreign legal systems. It is assumed that in Russia it will develop. The bank mediation we are considering is a timely and worthy alternative in resolving disputes arising in the field of banking legal relations. In this paper, relations and disputes between banks and their customers - legal entities and individuals concluding loan agreements are examined. This area is very relevant, as one of the real sectors of the economy is involved here - small and medium-sized businesses and individuals, who make up the bulk of borrowers in the banking services market. An analysis of the literature data on the problems and research methods showed that the advantages of mediation are the speed of dispute resolution and the informal nature of its settlement. The question is posed: Who is best suited for the role of mediator in the banking sector? It is shown which risks are important to consider when introducing mediation in the banking sector. Explains why mediation is preferable to litigation. In mediation, work is underway with the emotions of a person, as well as at the level of understanding and adoption of agreed decisions by representations of the dispute by the parties themselves, partnerships and trusts are being established. In order for subjective prerequisites to be fulfilled regarding the implementation of mediation, it is important to increase the level of awareness of people with a banking profession about the possibilities of mediation as an effective tool for resolving disputes.


2019 ◽  
pp. 22-29
Author(s):  
Н. В. Фрадкіна

The purpose and tasks of the work are to analyze the contemporary Ukrainian mass culture in terms of its value and humanistic components, as well as the importance of cultural studies and Ukrainian studies in educational disciplines for the formation of a holistic worldview of modern youth.Analysis of research and publications. Scientists repeatedly turned to the problems of the role of spirituality in the formation of society and its culture. This problem is highlighted in the publications by O. Losev, V. Lytvyn, D. Likhachev, S. Avierintsev, M. Zakovych, I. Stepanenko and E. Kostyshyn.Experts see the main negative impact of mass culture on the quality approach, which determines mass culture through the market, because mass culture, from our point of view, is everything that is sold and used in mass demand.One of the most interesting studies on this issue was the work by the representatives of Frankfurt School M. Horkheimer and T. Adorno «Dialectics of Enlightenment» (1947), devoted to a detailed analysis of mass culture. Propaganda at all socio-cultural levels in the form is similar in both totalitarian and democratic countries. It is connected, according to the authors, with the direction of European enlightenment. The tendency to unify people is a manifestation of the influence of mass culture, from cinema to pop. Mass culture is a phenomenon whose existence is associated with commerce (accumulation in any form – this is the main feature of education), in general, the fact that it exists in this form is related to the direction of the history of civilization.Modern mass culture, with its externally attractive and easily assimilated ideas and symbols, appealing to the trends of modern fashion, becomes a standard of prestigious consumption, does not require intense reflection, allows you to relax, distract, not teach, but entertains, preaches hedonism as the main spiritual value. And as a consequence, there are socio-cultural risks: an active rejection of other people, which leads to the formation of indifference; cruelty as a character trait; increase of violent and mercenary crime; increase in the number of alcohol and drug addicts; anti-patriotism; indifference to the values of the family and as a result of social orphanhood and prostitution.Conclusions, perspectives of research. Thus, we can conclude that modern Ukrainian education is predominantly formed by the values of mass culture. Namely, according to the «Dialectic» by Horkheimer and Adorno, «semi-enlightenment becomes an objective spirit» of our modern society.It is concluded that only high-quality education can create the opposite of the onset of mass culture and the destruction of spirituality in our society. It is proved that only by realizing the importance of cultivating disciplines in the educational process and the spiritual upbringing of the nation, through educational reforms, humanitarian knowledge will gradually return to student audiences.Formation of youth occurs under the influence of social environment, culture, education and self-education. The optimal combination of these factors determines both the process of socialization itself and how successful it will be. In this context, one can see the leading role of education and upbringing. It turns out that the main task of modern education is to spread its influence on the development of spiritual culture of the individual, which eventually becomes a solid foundation for the formation of the individual. Such a subject requires both philosophical and humanitarian approaches in further integrated interdisciplinary research, since the availability of such research will provide the theoretical foundation for truly modern educational and personal development.


2016 ◽  
Vol 13 (2) ◽  
pp. 86-99
Author(s):  
Vimbai Moreblessing Matiza

Dramatic and theatrical performances have a long history of being used as tools to enhance development in children and youth. In pre-colonial times there were some forms of drama and theatre used by different communities in the socialisation of children. It is in the same vein that this article, through the Intwasa koBulawayo performances, seeks to evaluate how drama and theatre are used to nurture children and youth into different developmental facets of their lives. The only difference which this article will take into cognisance is that the performances are done in a different environment, which is not the one used in the pre-colonial times. Although these performances were like this, the most important factor is the idea that children and youth are socialised through these performances. It is also against this backdrop that children and youth are growing up in a globalised environment, hence the performances should accommodate people from all walks of life and teach them relevant issues pertaining to life as they live it now. Thus the main task of the article is to spell out the role of drama and theatre in the nurturing of children and youth through socio economic and political development in Intwasa koBulawayo festivals.


Author(s):  
Fajar Syahputra ◽  
Mesran Mesran ◽  
Ikhwan Lubis ◽  
Agus Perdana Windarto

The teacher is a major milestone in the world of education, the ability and achievement of students cannot be separated from the role of a teacher in teaching and guiding students. Based on the Law of the Republic of Indonesia No. 14 of 2005 concerning Teachers and Lecturers, in Article 1 explained that teachers are professional educators with the main task of educating, teaching, guiding, directing, training, evaluating, and evaluating students in early childhood education through formal education, basic education and education medium. Whereas in Article 4 of the Act, it is explained that the position of teachers as professionals serves to enhance the dignity and role of teachers as learning agents to function to improve the quality of national education.Decision making is an election process, among various alternatives that aim to meet one or several targets. The decision-making system has 4 phases, namely intelligence, design, choice and implementation. These phases are the basis for decision making, which ends with a recommendation.The Preferences Selection Index (PSI) method is a rarely used decision support system method. This method is a method developed by stevanie and Bhatt (2010) to solve the Multi Criteria Decision Making (MCDM). With the right consideration, this method can be one of the tools to determine policies in decision-making systems, especially the selection of outstanding teachers. Determination of policies taken as a basis for decision making, must use criteria that can be defined clearly and objectively.Keywords: Decision Support System, PSI, Selection of Achieving Teachers


2020 ◽  
pp. 77-82
Author(s):  
Anna Dedurina

In recent years, manual therapy has been increasingly used. This was facilitated by the scientific justification of the method, wellestablished training of specialists, good results of manual diagnostics and therapy of patients. Manual medicine is a system of diagnostic and therapeutic manual techniques aimed at identifying and treating disorders of the musculoskeletal system, manifested in the form of functional joint blockages, hypermobility and regional postural muscle imbalance. In addition to nosological diagnosis, manual examination data are of great importance for successful treatment. Manual diagnostics is a method aimed at detecting disorders in the spine, muscles and joints, as well as ligaments of the human body. The main task of diagnostics is to establish a differential diagnosis between diseases of the spine and joints and other nosological forms. Timely manual diagnostics with the use of manual therapy technologies helps to increase the effectiveness of complex treatment and helps to avoid complications and disability at an early age.


2021 ◽  
pp. 1357034X2110256
Author(s):  
Denisa Butnaru

Motility impairments resulting from spinal cord injuries and cerebrovascular accidents are increasingly prevalent in society, leading to the growing development of rehabilitative robotic technologies, among them exoskeletons. This article outlines how bodies with neurological conditions such as spinal cord injury and stroke engage in processes of re-appropriation while using exoskeletons and some of the challenges they face. The main task of exoskeletons in rehabilitative environments is either to rehabilitate or ameliorate anatomic functions of impaired bodies. In these complex processes, they also play a crucial role in recasting specific corporeal phenomenologies. For the accomplishment of these forms of corporeal re-appropriation, the role of experts is crucial. This article explores how categories such as bodily resistance, techno-inter-corporeal co-production of bodies and machines, as well as body work mark the landscape of these contemporary forms of impaired corporeality. While defending corporeal extension rather than incorporation, I argue against the figure of the ‘cyborg’ and posit the idea of ‘residual subjectivity’.


1994 ◽  
Vol 4 (2) ◽  
pp. 121-132 ◽  
Author(s):  
Marzio Galeotti ◽  
Fabio Schiantarelli ◽  
Fidel Jaramillo

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