
This video introduces the concept of Business Valuation and breaks the ice around valuation. Its sets the context in which business valuation may be carried out such as IPOs, Fund Raising, Mergers and Acquisitions and so on. It also talks about how valuation is not only about numbers and financial models but is a very subjective exercise. It defines Valuation and sets the expectation for the course.
Identify the purpose and premises of business valuation, compare fair value, market value, and participant-specific or liquidation bases, and apply going concern and other premises with a market-based approach.
Learn to compute the weighted average cost of capital for a private company, using CAPM with beta and after-tax debt cost, to set discount rates for discounted cash flow analyses.
Learn why mergers and acquisitions often fail to realize synergies due to ego, shortcuts to inorganic growth, reliance on intermediaries, and goodwill impairment and amortization issues.
This course is for upcoming finance professionals and practicing accountants who want to understand about Mergers and Acquisitions. It explains the concepts, different types of Mergers and Acquisitions and how to assess synergies. The course draws from various M&A transactions around the world. Learners will be able to assess the value of companies and calculate the Share Exchange Ratio.
Whats more, you get Valuation Templates to download and use in your valuation engagements.