Valuation and Financial Analysis - Principles and Practices
  • Introduction
  • Agenda
  • Experts
  • Venue
  • Partners
  • Registration

Valuation and Financial Analysis - Principles and Practices

Program Director and Instructor
Professor Bala Dharan, Harvard University and MIT

Program Length
2-days.

Program Outline and Objectives
Finance executives, investors, accountants, and financial consultants recognize that valuation and financial analysis are fundamental tools for the success of complex business transactions, such as mergers and acquisitions. Knowledge and application of leading-edge financial analysis techniques for the evaluation of risk and value determine the success or failure of business investments and stock market performance.

In this executive program, the overall goal is to help participants learn how to analyze a company's business strategy and its financial statements in order to value the business. In the process, participants learn to appreciate the use of advanced finance and accounting tools developed in recent years to evaluate the quality and reliability of business cash flows, measure and control business risks including litigation risk and default risk, and evaluate the value of future strategic options.

Equal emphasis is placed on learning concepts and discussing examples of implementation from practice. Implementation issues are addressed particularly for difficult valuation areas such as technology valuation, cost of capital and terminal value. Relevant new accounting concepts such as fair value, derivatives and business combination are also discussed.

Method of Instruction
Participants will receive a workbook containing notes, cases, problems and references for further study. The material will be presented using lecture, class exercises, and case discussions.  Class discussion by participants will be emphasized. Participants will also work on selected problems and cases in small groups.

Who Should Attend
The mix of basic valuation techniques and applications provided in this seminar should appeal to a widely diverse audience. In particular, it should be useful for:

   •  Equity research analysts, who are interested in examining alternatives to the multiples that they use or the linkage to discounted cash flow models.
   •  Corporate financial officers, who want to understand the details of valuation, either because they are planning acquisitions or are interested in value
       enhancement strategies for their firms.
   •  Analysts involved in mergers and acquisitions, who would like to acquire a wider repertoire of valuation skills.
   •  Portfolio Managers who are interested in the effects of corporate restructuring on firm value, and the implications for portfolio management.

                                                                                                   AGENDA OF THE PROGRAM

The program emphasizes in-depth discussion of all key valuation and financial analysis topics. Topics covered include:

  • Overview of valuation approaches

  • Essential steps in planning for valuation: Data analysis and strategic analysis of the company’s business

  • The concept of value manager; why mergers and valuation sometimes fail, and how to use value driver analysis to reduce the risk of overvaluation

  • The use of financial information to evaluate the risk of bankruptcy or default

  • The concept of earnings quality, and financial flags of earnings management

  • Off-balance sheet liabilities, complex financing methods, and their relevance for valuation

  • Types of business combination and how they affect taxes and valuation

  • Implementation issues in discounted cash flow methodology

  • Forecasting free cash flows and related financial statements

  • Estimating the cost of capital

  • Technology (and intellectual property) valuation techniques

  • Common value multipliers and comparable transactions

  • Handling minority discounts and control premiums, and premiums for business synergy

Prof. Bala Dharan Prof. Bala Dharan Visiting Professor and Sr. Lecturer, Harvard Law School
 
Srividya Gopalakrishnan Srividya Gopalakrishnan Managing Director, Valuation Advisory Services, Duff & Phelps Singapore Pte Ltd
Connect via  
 
Roy Ling Chung Yee Roy Ling Chung Yee Managing Director, RL Capital Management
 

Raffles Hotel

1 Beach Road
Singapore 189673, Singapore

In case of queries, please email us at training@vccircle.com


Supporting Partner

Singapore Venture Capital & Private Equity Association

The Singapore Venture Capital & Private Equity Association (SVCA) was formed in 1992 to promote the development of the venture capital (VC) and private equity (PE) industry.

Our Mission is to foster greater understanding of the importance of venture capital and private equity to the economy in support of entrepreneurship and innovation and to look after the interests of our members.

The association strives to promote the professional development of the industry as well as facilitate interaction and collaboration among its members. The association also acts as a platform for dialogue on regulatory and policy issues pertaining to VC and PE and builds linkages to centres of VC and PE activities in the region.

Supporting Partner

CFA Society Indonesia

CFA Society Indonesia's charter is to represent those area professionals involved in any aspect of investment management or investment research through our status as an affiliated Society with CFA Institute. These responsibilities include insuring our representation in investment matters of national importance, including securities industry regulation at both the State and National level. Further, the society provides its members with quality programs designed to enhance the knowledge and investment skills of our membership. In the area of education, the society provides coordination and assistance to those individuals seeking to earn the Chartered Financial Analyst designation.

Supporting Partner

CFA Society Singapore

Supporting Partner

AB Maximus

Supporting Partner

CFA Society Philippines

Supporting Partner

TiE Singapore

Knowledge Partner

Duff & Phelps

Duff & Phelps is the premier global valuation and corporate finance advisor with expertise in complex valuation, dispute and legal management consulting, M&A, restructuring, and compliance and regulatory consulting. Since 1932, clients have relied on Duff & Phelps for objective advice that addresses their most complex business needs. We serve publicly traded and privately held companies, law firms, government entities and investment organizations such as private equity firms and hedge funds. We also advise the world’s leading standard setting bodies on valuation issues and best practices. Duff & Phelps has more than 2,000 employees located around the world across 70 offices. For more information, visit www.duffandphelps.com.

Standard Fee: USD 1899 + Applicable Taxes

Early Bird Discount: 10% Discount till 19th Jaunary 2016  - i.e. USD 1709* + Applicable Taxes

Access VCCircle Premium + WSJ.com

*Includes 1 year subscription of VCCircle Premium + WSJ.com worth USD 365

For more queries speak to Raj/Fazal  on 91-120-4171111/ 91- 9560888933 or write at training@vccircle.com  

There are two ways to register:

 1) Online registration: Click Here
 2) Offline registration through cheque/DD  |  Download offline registration form: Click Here

Cheque/DD to be made in favor of: Mosaic Media Ventures Pvt Ltd (payable in New Delhi to:

Mosaic Media Ventures Pvt. Ltd.
A-83, Ground Floor,
Sector -2, Noida - 201301

Please attach a note with details of the cheque.
Name of the delegate(s), Organization, Designation, Address, Contact No., E-mail ID

You can also directly deposit cash, submit cheque or transfer online to our ICICI Bank a/c:
Account Name: Mosaic Media Ventures Pvt. Ltd.
Account No: 629705015595
Branch Name: C-24&25, Acharya Niketan, Mayur Vihar, Phase-1, Delhi -110091
IFSC Code: ICIC0006297
Swift Details: ICICINBBCTS

Refund and Substitution Policy (Differ from one programme to other, please read carefully):

No refunds will be granted for cancellations made within 7 days of the workshop. Those delegates who have confirmed and do not attend, are liable to pay the full course fee and no refunds will be granted.
Cancellation fee of 50% will be applicable 15 days prior to the workshop.
Cancellation fee of 25% will be applicable up to 21 days prior to the workshop.
Participants can cancel their registration 30 days prior to the event for a full refund.
Substitutions within a company are permitted through the workshop/training date, request must be by email to 
training@vccircle.com
Company reserves the right to amend content, expert, venue & date(s) of the workshop
Participants will be refunded the registration fee in full in case the workshop gets cancelled.
Company assumes no liability for any costs including transportation, hotel reservations or any other costs incurred by participants in the event of cancellation