Folks,
Herewith I have given below the link for Batch IX - 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 Notes / Material used in Day 2 - FT9 - Webinar
GKR Excel Worksheet used in Day 2 - FT9 - Webinar
Dr GKR
14th October 2020
Wednesday
I understood minute details about valuation methods. You are giving very simple and lively examples which can be easily understood. I am really happy to know GKR sir and learn from him
ReplyDeleteGkr Sir, today's session on valuation was a wonderful one and it helped me to learn very minute points which I used to missed out while covering this topic in study material. I also liked your way I'd connecting the explanation with standard.. Acts and MCQs simultaneously which is very useful in memorizing the concept.Thanks a lot sir
ReplyDeleteGreat session with practical examples make easy to understand and register in mind..
ReplyDeleteThe ease and expertise with which Dr Raju Sir has explained the Valuation approaches and premises, is simply extraordinary. With his explanation the topic looks so simple. Of course hard work and practice is necessary to master the subject.
ReplyDeleteGood Session, with real examples...thank u sir...kindly share us the excel workings of 2nd day session for our understanding..!
ReplyDeleteSuperb session Dr GKR Sir. It is the "juice" of several hours of most dedicated preparation for educating exam oriented all aspirants like me. There cannot be enough words to express our profound gratitude for your lovely on-time presentations. So packed the sessions are and it is full of professional competence to assimilate for IBBI exams. Kudos Sir for your incessant love and affection in students to pour cream of preparations to win over the exams most successfully. Thank you so so much Dr GKR Sir for your spontaneous ground examples and working sheets as well please.
ReplyDeleteexcellent session sir , request you to kindly share the excel workings
ReplyDeleteThanks for cautioning limited period is available for lateral entry into valuation.
ReplyDeleteCA Basappa, Excellent session, I had impressed with your teaching.
ReplyDeleteWonderful session today GKR Sir
ReplyDeleteSir, if possible can you please share today's (14th October) and yesterday's (13th October) excle files also....It will really help.
ReplyDeleteExcellent session Sir
ReplyDeleteGKR Sir, teaching is creating intrest to learn the subject with good comparision of topics and related examples, Thank you very much for your kind efforts and support .... CS Jaipal Reddy Naidi, Hyderabad
ReplyDelete