Excerpt from course description

Valuation and Fair Value Accounting

Introduction

Various categories of professionals need to carry out valuations to support business decisions. Among those are research analysts, investment bankers, auditors and accountants, corporate finance specialists, merger and acquisition analysts, venture capitalists, and individual investors. This course provides a sound theoretical framework for valuation of assets and entities and a practical guide to how valuations are actually done in the real world. It also provides a conseptual and practical introduction to fair value accounting ander IFRS.

Valuation skills are also required for understanding the concepts and procedures underlying generally accepted accounting principles used to prepare financial information.

Course content

  1. Fundamental analysis – the process
  2. The reformulation of the income statement and balance sheet
  3. Forecasting.
  4. Introduction to industry and company analysis.
  5. Cost of capital
  6. Valuation techniques
    • Discounted dividend valuation
    • DCF valuation
    • Relative valuation
  7. Acquisition analysis
  8. Valuation in accounting
    • Fair value measurement – IFRS 13
    • Purchase price allocation - IFRS 3
    • Revaluation of PP&E – IAS 16
    • Measurement of recoverable amounts – IAS 36
    • Investment property – IAS 40
    • Biological assets – IAS 41

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.