PERSONAL GOODWILL
The assessment of Personal Goodwill is a complex and dynamic task which requires understanding of its make up and insight into the methodology of its treatment.
If you would like to receive a copy of our paper on "Goodwill Hunting" click here
TRUTH BEHIND THE NUMBERS
The majority of valuation decisions are steeped in a relevant and reliable analysis of historical financial information. Proper analysis of financial data yields a tremendous insight into the past, current and prospective operations of a business. Ratio analysis assists in the quantification of intrinsic risk and provides the foundation for modeling the future with greater accuracy.
This series looks at the correct application of the various formulas and ratios.
If you would like to receive a copy of our paper on "Truth behind the numbers" click here
EXPERT REPORTS
This seminar concentrates on the contents of a good report rather than the style, because each expert has his own style. As long as the contents are there, the style is secondary. Another point is that a good report need not be 200 pages long. These usually have many pages of boilerplate which in many cases are adapted to the specifics of the case. A good report need not necessarily be more than ten to fifteen pages.
Also explained are the individual methodologies used in conjunction with these concepts and any adjustments required in the situation of a non-controlling interest.
If you would like to receive a copy of our paper on "Expert Reports" click here
NUTS AND BOLTS
The valuation of a financial interest depends on the purpose and level of ownership. This lends to an analysis of the three main concepts of value applicable to the valuation of companies and businesses. Each concept has its own specific applications and components; this seminar explores these concepts and explains the purpose of each.
If you would like to receive a copy of our paper on "Nuts and Bolts" click here
DISCOUNTS AND PREMIUMS
To give you an insight into discounts and premiums, you need to understand that valuations are not all science, there is an element of art in there too.
Previously we looked at Fair Market Value, which looks at the hypothetical. Fair Value does not look at the hypothetical and is generally used in oppression or family law cases. In the Value to Owner approach, a marketability discount is more generally used. And lastly we have Special Values, an example of which is were someone might hold a block of land next door to a factory, the factory owner may wish to pay a premium to secure this asset.
If you would like to receive a copy of our paper on "Discounts and Premiums" click here
