Folks,
Herewith I have given below the link for Batch XV - 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
Link for GKR Notes / BGM used in Day 2 - FT15 - Webinar
Link for GKR Excel Worksheet used in Day 2 - FT15 - Webinar
Link for International Private Equity and Venture Capital Valuation Guidelines - IPEV (PDF) - December 2018
https://www.privateequityvaluation.com/Portals/0/Documents/Guidelines/IPEV%20Valuation%20Guidelines%20-%20December%202018.pdf?ver=2018-12-21-085233-863×tamp=1545382360113Link for International Valuation Standards - IVSC (PDF) - January 2022
Link for CBV Institute Practice Standard No 110 - Valuation Reports (PDF) - June 2009
Kindly post your comments, suggestions, queries & review of the webinar session below this post. Happy Reading | Please contact Dr S Dhanapal (96770 22712) / CA Sarpabhusana (98802 22208) for being part of FT15 WhatsApp group.
FT15 - Day 3 - 30th MAY 2022 - MONDAY - 08:30 am - Registration Link is given below:
GKR
29th MAY 2022 | Sunday
Informative session, thank you sir
ReplyDeleteDr.GKR is a Professional par excellence.
ReplyDeleteHe has been instrumental in conducting several Webinars on ICMAI Portal, I truly admire his in-depth knowledge, understanding of the subject & lucid presentations especially IND AS and other topics of interest.
Sir, you have bestowed us with an opportunity to learn and improve our knowledge by conducting Fast Track Webinar Series for IBBI Valuation Exam (SFA) on 27.05.2022 (Friday), 29.05.2022 (Sunday) & more going forward.
I construe that your time & efforts will spearhead & guide the aspirants appearing for the Valuation Exam in the right direction. Well this is my opinion & heartfelt perception after comprehending your mind-boggling online webinars / lectures over a period of time.
Further, on reviewing your blog on www.3spro.blogspot.com, I convey my latent pleasure on the presence of close to 19 Topics of Professional interest besides multiple postings on knowledge sharing in the form of Notes, PDF formats, Excel Sheet Presentations, etc., which are commendable.
Sir, we admire your wisdom, outstanding contribution & consistent efforts in igniting the spark in our professional endeavours.
With your support & guidance, we are confident of being enlightened more & more in the days to come.
Thanking you once again.
Regards,
CMA Md. Riazuddin
M.Com., LLM., PGDBM., FCMA
Hyderabad
Mobile # 9440552627
Way of teaching is very excellent and session is conducted in systematic manner.
ReplyDeleteExcellent delivery and material
ReplyDeleteWonderful session...Today class i felt that i am in physical class not in webinar such a clarity in concepts ...
ReplyDeleteYet another very engaging session today too. Your passion for imparting knowledge is evident from the way the class has been delivered. Thanks once again!
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ReplyDeleteGreat session as usual, sir your in-depth knowledge and your presentation skills helps aspirants like us to get more clarity on concepts which are very important to clear this valuation.
ReplyDeleteWould there be available a Question Bank to test ourselves? MCQs, Numericals and Case studies?( other than those given in the study material)
ReplyDeleteThanks sir for such knowledgeable session, making topics very interesting to us by concept clarity. Mid day conventions explained very well.
ReplyDeleteGood analytical session and topics are explain for proper understanding
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