Financial Valuation Workbook (5th Edition) by James R. Hitchner – Complete Practice Problems, Step-by-Step Solutions, and Case-Based Exercises for Business Valuation and Financial Analysis

The Financial Valuation Workbook (5th Edition) by James R. Hitchner is a comprehensive companion guide designed to reinforce and expand upon the principles presented in Financial Valuation: Applications and Models. This workbook provides students, analysts, and valuation professionals with detailed, hands-on exercises that cover every key topic in modern valuation practice. Organized to match the structure of Hitchner’s main textbook, the workbook features fully developed examples, numerical problems, and guided solutions that help users apply theoretical valuation concepts to real-world business cases. It covers core valuation methodologies, including income, market, and asset-based approaches; discounted cash flow (DCF) analysis; cost of capital estimation; financial statement adjustments; and valuation of private companies, intangible assets, and equity interests. Each chapter includes clear, step-by-step instructions, making complex valuation techniques approachable and easy to understand. Detailed explanations and worked-out answers help bridge the gap between textbook theory and professional application, making this resource ideal for both academic coursework and professional training. This 5th Edition has been fully updated to reflect current accounting standards, fair value measurement guidance, and the latest practices in financial reporting and investment analysis. It’s especially valuable for students preparing for certifications such as the CFA, ASA, CPA/ABV, and CBV, or for practitioners seeking structured exercises to refine their valuation skills. With a focus on clarity, precision, and real-world relevance, Hitchner’s Financial Valuation Workbook remains one of the most trusted and practical resources in the field of business valuation.