This course provides an introduction to the business valuation process as it is generally practised. It also provides an introduction to valuation compliance and regulation in Australia as well as some international elements of business valuations.
Description
This intensive business valuations course is divided into 3 parts.
Part A is the core of this course and provides an introduction to the business valuation process as it is generally practised. It is accompanied by a case study to help you with the practical application of the theory.
Valuation methodologies are not based upon any regulatory framework, but on economic and financial theory which involves the collection of relevant market data, the qualitative and quantitative analysis of that data, and the application of well recognised valuation methods (such as the present value of future cash flows). These basic business valuation principles do not change with geographic territory, though the valuation methods may vary depending upon the specific circumstances of the valuation and the market.
Key topics:
- Key concepts in business valuation
- The business valuation process
Part B provides an introduction to valuation compliance and regulation in Australia with particular focus on the requirements of the Accounting Professional and Ethical Standard (APES) 225 Valuation Services, plus an overview of the compliance framework for the preparation of various types of valuation reports. It also introduces valuation reporting in relation to mandatory requirements under various legislation, regulations and best practice guidelines under the increasingly popular international reporting standards.
Key topics:
- Valuation regulation
- Introduction to APES 225 Valuation Services
- APES GN 20 Scope and extent of work for valuation services
- Other valuation compliance requirements in Australia
Part C provides an introduction to some international elements of business valuations.
Key topics:
- International issues
- The international regulatory landscape
Learning objectives
Part A: A practical guide to business valuation
- Explain and apply core valuation concepts.
- Describe the key valuation methodologies and identify which one to adopt in a given situation.
- Identify and avoid common valuation pitfalls.
- Apply and use key tools, checklists and methodologies.
Part B: Business valuation in Australia
- Describe, interpret and apply the appropriate guidelines and regulations.
- Identify and analyse ethical considerations.
- Interpret the requirements of APES 225.
Part C: International elements of business valuation
- Explain and apply the core valuation concepts as applied to an international scenario.
- Describe key considerations in international jurisdictions (such as Singapore, Malaysia, Hong Kong and China).
Audience
This course is suitable for finance and accounting professionals who need to carry out or understand valuations.
