Folks,
Herewith I have given below the link for Batch X - 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 - FT10 - Webinar
GKR Excel Worksheet solution for Day 2 questions - FT10 - Webinar
Dr GKR
14th January 2021
Thursday
Very nice and excellent session sir. Will succeed with your guidance and support. Thanks sir.
ReplyDeleteExcellent work and dedication towards profession.
ReplyDeleteDear Raju garu,
ReplyDeleteThe classes are Makara Sankranti Gift from YOU to all the valuation profession aspirants like me.
You are going into core of the subject like a SURGEON and explaining WHAT, WHY, HOW of each topic.
Hats Off to You.
Happy Sankranti
Warm Regards
CMA T V S SIVA PRASAD
Bengaluru
Thank you sir for arranging these sessions. It really helps in revising the topics. Your style of teaching makes me easy to memories the concept.
ReplyDeleteExcellent session Sir. Thank you so much for sharing the materials as its of immense benefit to us with respect to exam preparation and you make the session so interesting by giving household examples which you correlate with the topic. You are such a passionate teacher Sir. Hats off to your dedication and inspiration. Eagerly waiting to join your session now at 8. Thanks for all your support and guidance Dr GKR Sir.
ReplyDeleteThank You! Dr. GKR Sir. The session was excellent and very informative. Covering important topics in 1 hour is something which is very challenging and the same was executed in a very nice manner. Once again Thank You for all your support to the participants.
ReplyDeleteRegards,
Vamsi Sreekakulam
+91 77021 84888
Thank you GK sir, The session is really helpful to prepare the Exam.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThank you Sir, the session is very informative
ReplyDeleteTHANK YOU VERY MUCH SIR,
ReplyDeleteVery Informative session. Got positive energy from your session sir.Thanks for sharing such a valuable material. Your Lectures and Material will help me in cracking this Examination.
Thank you very much DR GKR sir.
Just listening to Mr Raju helps in quickly learning the subject within the 1 hour time.
ReplyDeleteVery Excellent and must to attend class.
ReplyDeleteVery Informative Class. Thanks Sir
ReplyDeleteDr Raju has facilitated an objective analysis of the valuation approaches and related methods
ReplyDeleteSir, I could not attend the class due to some personal inconvenience, which may be excused.
ReplyDeleteGood for revision of the topics
ReplyDeleteGreat session, thanks a lot
ReplyDeleteToday, we had an Option to understand the topic OPTIONS, with ease as taught by Dr GKR.
ReplyDeleteWe, the participants excercised our Option to attend the class and Booked Profit (Knowledge)
Thanks Dr. Raju
Regards
T V S SIVA PRASAD