The course introduces the fundamentals of business valuation, by providing participants with an overview about business valuation logics, approaches and procedures. Participant will learn about the most widely applied valuation methods and will get practice in their application. Specific objectives include:
- to understand basic vocabulary and fundamental concepts in the field of business valuation;
- to descript individual steps of the valuation process;
- to use basic valuation methods;
- to understand the three fundamental approaches to business valuation.
Syllabus.
1. Introduction to Business Valuation;
2. The purposes of valuation;
3. Standards of value;
4. Valuation logics, methodologies and procedures;
5. The income approach;
6. The asset approach;
7. The market approach;
8. Reaching a conclusion of value;
9. The business valuation report.