Accountants often need basic business valuation knowledge and skills to assist their clients or employers. This seminar provides participants with practical insight into business valuation. Participants will learn about and apply various valuation tools such as the capitalized cash flow (CCF) approach and the discounted cash flow (DCF) approach to business case studies. The seminar also focuses on business valuation interpretation and the mechanics of the valuation process under an asset approach, income approach, and market approach.

While this seminar may be useful for any finance professional, the course targets the following professionals:

• professionals in industry and practitioners with minimal business valuation experience
• executives, such as Controllers, CFOs, and Finance Directors, who seek an understanding of business valuations either for financial/tax reporting or for mergers and acquisitions
• public practice professionals working in audit or tax and looking to increase or refresh their specialized knowledge set

• assess when to value the assets of a company individually versus when to value an enterprise as a whole
• create a bridge between enterprise value and equity value, including the impacts of redundant assets and debt-like items, as part of a valuation exercise
• calculate the cost of capital for a company, including: cost of equity, cost of debt and weighted average cost of capital, when formulating discount rates
• ascertain relevance between a subject company to value, comparable public companies and precedent transactions when triangulating value in a secondary approach
• utilize the basics concepts of specific valuation standards in a mock valuation engagement

• overview and application of valuation methodologies, including income approaches, market approaches, and asset approaches 
• CCF and DCF valuation techniques and their application
• the calculation of maintainable earnings
• the determination of capitalization and discount rates
• a comparison of enterprise value and equity value
• market valuation approaches using equity value and enterprise value multiples

Course Content Created: July 2023

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About This Product

On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.

Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.

Please note that not all on-demand courses include downloadable materials such as course notes or slides.

How to get started

Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.