Folks,
Herewith I have given below the link for Batch VII - Day 2 - Presentation made in Fast Track Webinar Series for IBBI Valuation Exam (SFA) on "Valuation Approaches and Methods"
Overview of Valuation - (4 Marks)
- 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
Valuation Approaches - (3 Marks)
- 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
- 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 Presentation Link
GKR Worksheet Link
Dr GKR
17th July 2020
Friday
I must say the topics were covered extensively and you highlighted the key pointers which will be very helpful in passing the exam. By taking free sessions you doing a great service to the profession and the future RVs. Pawan Garg
ReplyDeleteExcellent Presentation. Conducive approach & explaination for easy and better understanding of concepts. regards
ReplyDeletevery beautifully explained
ReplyDeleteAppreciate the hard efforts put in by sir. It is very much informative and helpful to crack the exam. Thank you for enlightening us.
ReplyDeleteto the point and excellent way of teaching.
ReplyDeleteCA Mahesh Khandelwal
Very insightful, to the point and exam oriented. Commendable initiative. Thank you for the efforts and time put in for our benefit.
ReplyDeleteVery well explained the concept in very simple manner. Thanku for all your efforts and informative presentation with key points.
ReplyDeleteRegards
CS SWETA
superb knowledge sharing, commendable efforts
ReplyDeleteVery well explained each and every concept by you Sir. Appreciate the great effort put by you. Thank you for providing such classes. These classes are really helpful to crack the exam.
ReplyDeleteVery Good
ReplyDeleteOnce again great presentation, the way you explain us to understand the importance of key words and also how interpretation can change accordingly is worth learning. Also you helped us to learn a lot about positive and negative sentences; also let us know how can we get the excel worksheet of questions resolved by you during the session
ReplyDeleteExcellent presentation and very helpful
ReplyDeletevery useful session. Gives great confidence. Very nice and appreciable initiative GKR.
ReplyDeleteExcellent session covering extensively and precise points. Your voice modulation and explaining techniques gives us so much confidence to crack the exam. Thank you so much Dr GKR Sir for your selfless service and the mammoth effort that has gone into this presentation and material content.
ReplyDeleteGood and professional session.
ReplyDeleteWe are learning how to read the question also.
Excellent session and very helpful
ReplyDeleteVery nice presentation and definitely helpful for us to clear exam. Very good initiative to help professionals. Thank you sir for taking time for us.
ReplyDeleteExcellent session Sir. The presentation as well the explanation was very good.
ReplyDeleteThank you for the excellent presentation accompanied by easily understandable explanations. Appreciate the nice professional initiatives from your end for the benefit of each professional and also to the Valuation profession. Regards, CMA Santhosh Kumar
ReplyDeleteSir it was great learning indeed am excited to explore future classes as well.
ReplyDeleteDibakar Dutta
New Delhi
We are well aware of the effort you put into each webinar. Thank you for going above and beyond for valuation Aspirants. You have so many positive qualities like compassion, patience and commitment. You have all these qualities in abundance.
ReplyDeleteThank you so much Sir & entire team for such wonderful webinars. Sunil Kumar Sharma