Valuation

(20 reviews)

by John Taylor

This course introduces valuation processes and provides an overview of the main methods involved. You'll explore the use of asset-based, earnings and cash flow-based valuations as well as the complexities involved with non-standard and internet-based businesses.

price €85+vat
cpd hours 4 CPD hours
access 120 days' access

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This course will enable you to

  • Understand the key concepts underlying the process of valuation
  • Know when to use asset-based valuations and the difficulties involved for declining businesses
  • Gain a better understanding of earnings-based and cash flow-based valuations
  • Identify the issues involved in valuing a non-standard business
  • Recognise the differences to consider when valuing an internet-based business

About the course

How do you value a business? In short, there's no right answer. Value can differ depending on a company's circumstances and there are numerous valuation methods and formulae that can be used when buying and selling a company.

This course provides everything you need for valuing businesses confidently. It introduces you to valuation processes and provides an overview of the main valuation methods. This includes exploring the asset-based, earnings and cash flow-based valuations. You'll also be able to recognise the key differences to consider when valuing non-standard and internet businesses.

Look inside

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Contents

  • Value and valuation
    • What is value?
    • Types of value
    • Measuring value
    • What is valuation?
    • Making mistakes
    • Most valuations are wrong
    • Bases of valuation
    • Dividend yield-based valuations
    • Capital asset pricing model
  • Asset-based valuations
    • Asset-based valuations
    • Benefits and drawbacks
    • Basis of valuation
    • Assets
    • On the rocks
    • Declining businesses
    • Valuing a declining business
  • Earnings and cash flow-based valuations
    • Earnings-based valuations
    • Learn to earn
    • Price/earnings ratio
    • Profit multiples
    • The real world
    • Discounted cash flow modelling
  • Non-standard businesses
    • Setting standards
    • Minority interest in an unlisted company
    • Valuing a new company
    • Intrinsic value
    • Valuing partnerships and sole traders
    • Hunting for goodwill
    • Valuing goodwill
  • Internet-based businesses
    • Internet issues
    • Valuing an internet-based business
    • Will it last?
    • Methods of valuation
    • Other methods
    • Investigations
    • Valuing an app
    • Valuing a subscription or income generating app

How it works

Author

John Taylor

John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp - Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.

Reviews

4.3
(20 reviews)
5
4
3
2
1
 
 
 
 
    PZ
    Philip Z
    11 Jan 2025
    11 Jan 2025
    NA
    MD
    Mark D
    17 Dec 2024
    17 Dec 2024
    A very useful course.
    ZK
    Zahra K
    03 Oct 2024
    03 Oct 2024
    I wish I could give this course 0 stars. If you work in advisory/professional setting, you would know how useless this course is after completing it. Teaching valuation but not doing it in Excel is futile. The examples are a joke. It would have been better if they used proper financial statements of a real-life company. Use published financial statements of any company, and create scenarios to make it realistic. The FS extracts used were a joke. This course is not practical at all. It teaches you like you are about to attempt an ACCA exam and not a professional who is expected to do a valuation in a real work setting, which in my opinion, goes against the whole "professional development". If you have an assignment at work and expect this course to walk you through the process, don't even bother.
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Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days
Access to end 2025		12 months12+ months
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