CGMA exam candidates Management accountants wanting to develop skills in corporate financial strategy
This CPE course examines the process of business valuation and factors that influence the value of a business. It explores the three basic methods of valuing business. Asset based valuation is calculated by book value, replacement value, and break-up/net realisable value. Earnings based valuations rely primarily on the P/E valuation method. Cash flow valuation uses the dividend valuation model (DVM) theory and the discounted cash flow (DCF) method. The course also explores the risk adjusted cost of capital equation, the capital asset pricing model (CAPM), and the efficient market hypothesis (EMH).
This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by AICPA.