In real life, the main challenge in valuing different entities is the ability to understand and quantify the various inputs. If the inputs are nonsensical, the valuation output will unquestionably be nonsensical. For this reason, a large section of this course is devoted to understanding and modeling valuation inputs including adjustments to financial statements.
This intensive five-days workshop offers in-depth and practical analysis of the different valuation techniques that can be used to value different entities. It will also examine the use of real options modeling that are used to value patents, contracts, natural resources and for various other applications. The workshop will focus on the framework that can be used to pick the right model for any task and it will also extensively expose delegates to the modeling of various real life valuation cases.
Companies are valued for the purposes of investment, mergers and acquisitions or as part of internal measures of financial control. There are many different approaches to the valuation of companies and it is paramount to know when and how to apply what method. It is also essential to understand that company valuation is not an absolute science but also based on interpretation and judgment. In the broadest possible terms, firms or assets can be valued in one of four ways: asset based valuation approaches, discounted cash flow valuation approaches, relative valuation approaches and option pricing approaches.
The concepts and models taught are designed to be of practical benefit to attendees and are immediately usable in the workplace. This highly practical course will lead you quickly from the basics through the more advanced valuation methodologies and modeling techniques.
The hundreds of participants who attended this course in different parts of the world indicate that they gained valuable knowledge and experience that will greatly assist them in their careers. Due to the outstanding success of this course, the presenter was asked to develop Valuation II to show more applications. Only the participants who attended Valuation I will be allowed to participate in Valuation II.
- Understand all inputs into the various valuation models
- Build your own sensitivity analysis within your models
- Evaluate the outcome of different valuation techniques
- Discover the difference in treatment between valuing companies, properties and patents
- Structure your models according to your specifications and work through the 25 Excel exercises and 5 case studies
WHO SHOULD ATTEND?
- Corporate financiers
- Portfolio managers
- Research analysts
- Investment bankers
- Board members
- Financial advisors
- Hedge fund managers
- Private equity managers
- Venture capitalists
- Risk controller
- Strategic planners
- Corporate lawyers
- Compliance officers
- Senior managers
- Corporate accountants
CERTIFIED COMPANY VALUATION MODELLER CERTIFICATION
The International Academy of Business and Financial Management™ is one of the world’s fastest growing professional associations with more than 200,000 members, associates and affiliates in 145 countries. IABFM™ hosts and organizes certification training worldwide and offers exclusive board designations to candidates who meet the highest professional standards and assessment criteria. The IABFM is credited by the American National Standards Institute (ANSI) the International Standards setting authority.
- Length 5 days
- Level Advanced Training
- Industry Finance & Accounting
- Prerequisites None
- Association IABFM - International Academy of Business and Financial Management
- Language English
- This program is worth 21 NASBA CPE credits
- Introduction to valuation
- Risk Parameters and expected return
- Financial Statements adjustment
- Free Cash Flow to Equity (FCFE) vs Free Cash Flow to Firm (FCFF)
- Estimating Growth
- Tying up loose ends
- Putting it all together
- Dividend discount models (DDM)
- Free cash flow to equity and free cash flow to the firm
- Relative valuation
- Valuing financial services firms
- Valuing distressed firms and firms with negative earnings
- Valuing private companies
- Real options valuation
- Valuing properties
- General framework
- M&A valuation and modeling
- Deal structuring and financing
- Alternative restructuring exit strategies