Webcast: Surgent's Exploring Business Valuation Fundamentals
2.0 Credits
Member Price $75.00
Non-Member Price $100.00
Overview
What makes a business valuable? Who determines value? What are the key factors that make businesses valuable? In this course, we explore the different ways to value a business. We will apply foundational valuation and corporate finance concepts to real world examples in an effort to see what makes up an investment’s price.
Highlights
- What does value mean?
- Technical vs. fundamental analysis
- Intrinsic value
- Other discounted cash flow models
- Assumptions in the Gordon Growth Model
- Valuations using free cash flows
- Residual income model
- Enterprise value
- Value in mergers and acquisitions
- Small business valuations and discounts
- Advanced valuation models
Prerequisites
None
Designed For
Accounting and finance professionals who want to understand the concepts and theories behind business valuation techniques
Objectives
- Describe the factors affecting the value of a business
- Compare and contrast market value, investment value, bankruptcy value, and going concern value
- List the key differences between technical and fundamental analysis
- Calculate intrinsic value using discounted cash flow methods, such as the GGM and the H-Model
- Calculate intrinsic value using free cash flow
- Calculate the gains and losses to the buyer/seller in a merger/acquisition
- List key discounts when valuing privately held companies
Leader(s):
Leader Bios
David Peters, CPA, CFP, CLU, CPCU, MST, Surgent McCoy CPE, LLC
David Peters is the founder and owner of Peters Tax Preparation & Consulting in Richmond, VA, and a Financial Advisor for Peters Financial, LLC. He has over fifteen years of financial services experience, including three years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Kaplan, and Surgent and was a recipient of Surgent’s Outstanding Discussion Leader award for 2019. He regularly teaches accounting, finance, insurance, financial planning, and ethics throughout the United States. He is the advisor for Business & Industry topics for the SC Association of CPAs and was a recipient of The American College’s 2019 NextGen Financial Services Professional Award. He holds four Master’s degrees and is currently pursuing his Ph.D. in Financial Planning. He regularly contributes to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018, 2019, and 2020 versions of the Virginia CPA Ethics course – a required course for all CPAs licensed in the Commonwealth of Virginia.
Non-Member Price $100.00
Member Price $75.00