Training manual for MBA program students, Moscow 2005. Financial Academy under the Government of the Russian Federation . Institute of Business Administration and Business . Information and regulatory framework for business valuation . Classical approaches and methods to business valuation. Russian and foreign practice. Business valuation of Russian companies by the method of discounting cash flows and the method of capitalization . Modern modifications of methods of income approach . Comparative approach and business assessment of the Russian company . Current Problems and Prospects of Development . Output of the final value and preparation of the assessment report. The use of business valuation in management decisions. Project financing