This book gives a logical and straightforward explanation of techniques which may be used when evaluating UK private company shares, while also giving information on the reasons for which such evaluations might be necessary (mergers and acquisitions, flotation). New areas of interest in this seventh edition include: developments in valuation models which are more commonly used nowadays (earnings before interest, tax, depreciation, and amoritsation) . specific valuation issues in the UK taxation field (agricultural property, employee share schemes) . more prominence given to case studies . highlighted accounting issues, primarily financial reporting standards.