On the Distinctions between the Professional Valuation and the Investment-Financial Valuation : Possible Explanations Considering the Present Revisiting the Concepts Drive - The Professional Valuation on its Way to Establishing its Niche in the General Spectrum of Valuations

This article attempts to make an insight into the essence of the current processes of expansion and molding of the niche of the Professional Valuation. The first part of the article is devoted to the brief review of new notions and processes which are engendered by the requirements of the Professional Valuation and by the realization of the independence and innovativeness of certain aspects of its theory. The second part adduces an array of illustrations, vignettes and observations concerning new valuation techniques which aid in recognizing the acuteness of the fundamental shifts currently gaining ground on the plane of practice and establishing clear theoretical distinctions vis-a-vis the areas of contiguous valuation practices. Such distinctions are illustrated by way of comparison with certain widely-used techniques of the investment-financial valuation (specifically, in the area of the Discounted Cash Flows analysis and in the area of applying discounts and premiums in Business Valuations)