This comprehensive guide covers every aspect of accounting firm valuation, from determining the circumstances in which the procedure should be undertaken to compliance with standards for reporting valuation results. It provides a solid conceptual and theoretical foundation for the analysis and appraisal of accounting practices along with numerous practical applications and illustrations. Supplemented with numerous checklists, quantitative examples, appendices, and bibliographies, this handbook is an indispensable resource for accountants and appraisers who value accounting practices. It is an excellent guide for sole practitioners or members of small and medium-size accounting firms who need to conduct self-appraisals for merger negotiations, new firm formation, litigation, or any other reason. It is also an important reference for divorce attorneys.