Folks,
Herewith I have given below the link for Batch VI - Day 2 - Presentation made in Fast Track Webinar Series for IBBI Valuation Exam (SFA) on "Valuation Approaches and Methods"
New Syllabus (1st June 2020 onwards) - Overview of Valuation
- Meaning of value: Difference between price and value; definition of Value
- Types of value: fair market value, fair value, intrinsic value, investment value, synergistic value, market value, special value
- Premise of valuation: going concern and liquidation
- Purpose of valuation: mergers and acquisitions, strategy evaluation, identification of under and overvalued assets, legal, financial reporting, scope of work
- Valuation standards (New Topic included)
- Valuation process: understanding the business; planning and preparation; forecasting company performance; selecting the appropriate valuation model; converting forecast to valuation; applying analytical results in the form of recommendations; conclusions
- Valuation report and documentation: scope of the work performed, approach adopted, method applied, key inputs used, assumptions made, conclusion(s) of value and principal reasons for any conclusions reached, and date of report, date of valuation
- Importance of documentation, nature and purpose of documentation, timely preparation of documentation, documentation of valuation procedures performed, assembly of the final documentation, ownership of documentation
New Syllabus - Valuation Approaches
- Cost approach: net asset value and book value, adjusted value, sum of the parts, replacement cost
- Market approach: quoted market price, price of recent investment and price of recent transaction, relative valuation, concept of multiples, selection of appropriate comparables; adjustments to multiple calculated in accordance to size, lines of operation and geographical areas of operation
- Income approach: discounted cash flow approach; terminal value; present value; adjusted present value approach; internal rate of return; cash flow analysis- end of year and mid of year conventions; earning capitalization method /yield method; concept of perpetual growth; concept of cost of capital and capitalization rate
- Valuation adjustments in relation to discount and premium
- After investing substantial amount of time and Himalayan size of Efforts, Research & Pain; this material is brought out.
- Your acknowledgement (with your name, location & contact no) in this blog by few words will be an encouragement for this Hard Work
GKR Material Link
IVS 105 Material Link
GKR FT6 Day2 Worksheet Link
Kindly post your comments, suggestions, queries & review of the webinar session below this post
Happy Reading | Please contact Dr S Dhanapal (96770 22712) for being part of FT6 - WhatsApp group.
Dr GKR
It's highly effective to face the exam and to enhance our knowledge on the subject.
ReplyDeleteAs the novice and experts are trying grapple the term “value”, to explore the unchartered territory of valuation, today’s class introduced the participants to the contours of approaches and methods to valuation. Sincere thanks to Dr. GKR for sharing his “Intangible”, to valuation aspirants.
ReplyDeleteExcellent session on approaches and methods. MCQs were all tricky and the way you explained to us to analyse the three wrong answers, great Sir. This is the only way to crack this exam and your presentation and contents just boosts our confidence levels. Thank you so much Dr GKR Sir for inspiring us the valuation aspirants.
ReplyDeleteGreat learning and changed the depth of the Knowledge to update !! Thanks a ton for your great efforts in giving knowledge and empower many professionals !!
ReplyDeleteSolution to 11C:
DeleteScenario A B C D
Control Premium 15.00% 13.64% 12.00% 21.95%
DLOC 13.04% 12.00% 10.71% 18.00%
DLOM 22.00% 15.00% 13.20% 18.29%
Total Discount 32.17% 25.20% 22.50% 33.00%
Classes are very good in the sense that stressing the important concepts and points in a lucid manner. The simultaneously linking of ivs, icai rvo stds, ind AS to explain the concepts is marvelous. It serves exam purpose as well as conceptual clarity
ReplyDeleteVery nice and informative session. It is really great learning experience.
ReplyDeleteIT WAS AN AMAZING SESSION
ReplyDeleteThe Professionalism in your teaching, kindles the students inside us which creates interest and urge to learn more. The effort of a teacher like you is an inspiration to us and we honor the hardwork and effort put by you by showing our involvement and clear the exam with integrity.
ReplyDeleteYeomen service!
ReplyDeleteSolution to 11C:
ReplyDeleteScenario A B C D
Control Premium 15.00% 13.64% 12.00% 21.95%
DLOC 13.04% 12.00% 10.71% 18.00%
DLOM 22.00% 15.00% 13.20% 18.29%
Total Discount 32.17% 25.20% 22.50% 33.00%
Great learning and effective teaching and presentation of Capabilities.
ReplyDeleteExcellent session. Thorough conceptual understanding
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteMaximum knowledge sharing in minimum time. The best PPTs. Salute to Mr GKR Sir and his team for their effort in preparing these PPTs
ReplyDeleteIts precise and key points. Can obtain full knowledge by spending short duration. Thank you so much for your valuable contribution
ReplyDeleteVery interesting session and insightful presentation by Gopal Sir. Thank you for all efforts Sir. As directed during today's morning session, please find below my answer to Question No.11 C:
ReplyDeleteScenario A: Missing Numbers are DLOC: 13.04% and Total Discount: 32.17%
Scenario B: Missing Numbers are CP: 13.64% and Total Discount: 25.20%
Scenario C: Missing Numbers are DLOC: 10.71% and DLOM: 13.20%
Scenario D: Missing Numbers are CP: 21.95% and DLOM: 18.29%
Thank you once again sir for all efforts and keep guiding.
Very interesting session covering the main aspects for passing the exam. Thanks your the efforts taken by you and your entire team.
ReplyDeleteVery interesting session covering the main aspects for passing the exam. Thanks your the efforts taken by you and your entire team.
ReplyDeleteShivratan Agarwal (CA, CS)
9769822118
The session was amazing. The Best thing is you are concentrating on important topics in limited time.
ReplyDeleteThe questions and research by you and your team is commendable.
Excellent session..not only from exam point of view but also from knowledge point of view
ReplyDeleteIt was great learning Sir. Your presentation and style of teaching is helping us to learn very easily.
ReplyDeleteAnswer to 11C
(A) DLOC : 13.04%, Total Disc.: 32.17%, (B) Total Disc.:25.20%, CP : 13.64%, (C) DLOC: 10.71%, DLOM: 13.20%, (D) DLOM: 18.29%, CP: 13.64%.
It was great learning Sir. Your presentation and style of teaching is helping us to learn very easily.
ReplyDeleteAnswer to 11C
(A) DLOC : 13.04%, Total Disc.: 32.17%, (B) Total Disc.:25.20%, CP : 13.64%, (C) DLOC: 10.71%, DLOM: 13.20%, (D) DLOM: 18.29%, CP: 13.64%.
Thank you for informative session. it is a great learning program.
ReplyDeleteAnswer to 11C
Scenario A: DLOC: 13.04% and Total Discount: 32.17%
Scenario B: CP: 13.64% and Total Discount: 25.20%
Scenario C: DLOC: 10.71% and DLOM: 13.20%
Scenario D: CP: 21.95% and DLOM: 18.29%
It was an amazing session ... specially liked the mini series, the concepts behind discounts and premiums. Want more such lucid ways to understand each concepts (more specifically which goes into the formulas)
ReplyDeleteDear Sir,
ReplyDeleteMany thanks for sharing the info about Apache Open Office Program that is being shared in the exams. Although one may be good at MS Excel, but without this information he / she will find it difficult solve the problems in exam. Really appreciate and thank you very much for sharing such useful info.
Regards,
D Gururajachar
Answers to 11C
1) Scenario A – DLOC 13.04%; Total Discount 32.17%
2) Scenario B – Control Premium 13.64%; Total Discount 25.20%
3) Scenario C – DLOC 10.71%; DLOM 13.20%
4) Scenario D – Control Premium 21.95%; DLOM 18.29%
Answers to 28
1) COC is 10.8337% when value of firm is 71.50
2) COC is 9.9998% when value of firm is 81.50
3) COC is 9.3473% when value of firm is 91.50
Attached is xl sheet for my workings.
This comment has been removed by the author.
ReplyDeleteIt was excellent learning in short time.. Very good material and inputs..
ReplyDeleteit was an excellent session in a snapshot of time.wishes to you and your team.
ReplyDeleteAns 11 C
In case A DLOC 13.04%,TOTAL DISCOUNT 32.17%
CASE B CP 13.64%,TOTAL DISCOUNT 25.20%
CASE C DLOC 10.71%,DLOM 13.20%
CASE D CP 21.95 %,DLOM 18.29%.
THANK YOU SIR FOR MAKING ME THE CONCEPTS CLEAR.
ANS 28 IAM TRYING TO DO AND SEND AS SOON AS I FINISH.
Scenario A B C D
ReplyDeleteC. P 15.00% 13.64% 12.00% 21.95%
DLOC 13.04% 12.00% 10.71% 18.00%
DLOM 22.00% 15.00% 13.21% 18.29%
Ttl Dis 32.17% 25.20% 22.50% 33.00%
It was an excellent class , Concepts are very clearly explained . THe examples given for various concepts and method of explaining them in very lucid manner is extremely good. Thank you sir for all your effort and best wishes to you and your team
ReplyDelete28b - 10.83%, 28c - 10%, 28d - 9.35%
ReplyDelete11 C - A - DLOC - 13.04%, Total Discount - 32.17%
11 C - B - CP- 13.64%, Total Discount - 25.20%
11 C - C - DLOC - 10.71%, DLOM - 13.2%
11 C - D - CP - 21.95%, DLOM - 18.29%
Good Learning Sir.
ReplyDeleteAnswers to assignments.
11C. Find the missing numbers?
Particulars A B C D
Control Premium 15.00% 13.64% 12.00% 21.95%
DLOC 13.04% 12.00% 10.71% 18.00%
DLOM 22.00% 15.00% 13.20% 18.29%
Total Discount 32.17% 25.20% 22.50% 33.00%
28. Minicase
S.No. COC
(a) 11.94%
(b) 10.83%
(c) 10.00%
(d) 9.35%
Very informative session with the key words being highlighted will enable to achieve success
ReplyDeleteScenario A B C D
ReplyDeleteCP 15% 13.6% 12% 21.95%
DLOC 13.04% 12% 10.7% 18%
DLOM 22% 15% 13.2% 18.3%
Total Discount 33.70% 25.2% 22.50% 33%
Answer to Q.11C - FT6 Day 2.
ReplyDelete(A) DLOC : 13.04%, Total Disc.: 32.17%, (B) Total Disc.:25.20%, CP : 13.64%, (C) DLOC: 10.71%, DLOM: 13.20%, (D) DLOM: 18.29%, CP: 13.64%.
Sorry For Q11c. Scenario D the control Premium is 21.95%, Typing error
ReplyDeleteGKR Sir, thank you for your effort in making the concepts simple to understand. The one hour learning in your session is equal to many hours self study for me. Many thanks - Jyotsna K
ReplyDeleteAnswer 11C
A. DLOC - 13.04%, Total discount - 32.17%
B.Total discount -25.2% , CP - 10.71%
C.DLOC - 10.71%, DLOM - 13.204%
D. CP - 21.95%, DLOM 6.09%
B.
GKR, Thanks taking such sessions. these sessions are really informative and help us to prepare well for exam
ReplyDeleteRegards,
Mayur Deshmukh
The hard work and dedication with which the classes are conducted is admirable. Extremely useful PPT for cracking the valuation exam. Fortunate to attend your session GKR Sir.
ReplyDelete