Course Detail(BF167v : Business Valuation in Uncertain Times (Live Webinar))

BF167v : Business Valuation in Uncertain Times (Live Webinar) NEW

7.00 CPE Hours (Others)
Live Webinar

This course is available in both Live Webinar (virtual) and Classroom (physical).

For this session, it will be delivered as LIVE WEBINAR. If you prefer to join the Classroom session, please register here.

Programme Objective

The emergence of Covid-19 has resulted in a global pandemic and created a huge amount of uncertainty around the world.  This pandemic has caused a global economic upheaval with many countries shutting down their economies for periods of time.  Many governments have put in place measures to help companies, businesses and the people in their countries to tide over this difficult period.   Nonetheless, some of the businesses will fail.   As for others, they will need to revisit their business strategy, innovate and change the way they operate.  This event has brought forth a re-think of the way businesses, of all sizes, are being conducted going forward.  We are living through one of the most challenging and uncertain times in recent history. 

This state of affairs has led to challenges when performing business valuations and in reporting the values determined in a way that is both helpful and informative to users.  It does not mean that no valuation can be carried out in such times.  The International Valuation Standards Council (IVSC), which sets the International Valuation Standards (IVS) issued  a letter in March 2020, looking at valuation during this period of market uncertainty with reference to the IVS.  The provision of well-evidenced and transparent valuations during such times is critical to ensure that trust and confidence prevails in the marketplace.

In this one-day seminar, live webinar via Zoom, we will explore the value implications of the Covid-19 pandemic, navigate the valuation process and understand the practical challenges and issues faced by valuers during such times, in line with IVS.  We will learn of the various considerations that the valuer will need to contemplate, when carrying out business valuation during these uncertain times.  This would include areas pertaining to bases of value, approaches/methods, inputs etc.

Programme Outline


•   Covid-19 Impact on business valuation – current and future state of play
•   Valuation standards and process in uncertain times
•   Application of relevant valuation approaches/methods
•   Practical challenges and issues faced by valuers

Learning Outcome

•   Understand the application of IVS/ valuation process in uncertain times. 
•   Identify and understand the appropriate valuation approaches/methods applicable in this climate
•   Understand the valuers’ considerations when determining the valuation parameters relating to the various approaches/methods
•   Identify and understand the practical challenges and issues faced by valuers in the conduct of business valuation

Training Methodology

Lecture style with practical illustrations.

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

Accountants, Controllers, Finance managers, Auditors and All Accounting and Finance Professionals.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

06 Dec 2021 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Eric Teo

Date & Time

16 Dec 2020 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Eric Teo

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Eric Teo

Eric Teo has over 25 years of professional experience and is currently the Head, Business Valuation & Advisory, Southeast Asia at Savills. He also serves as an Adjunct Associate Professor/Faculty at various universities. This include Nanyang Technological University, Singapore University of Social Sciences, Singapore Management University, Singapore Institute of Technology and Murdoch University. He was an Executive Director with Ernst & Young (EY) Transaction Advisory Services Group and has worked in both the Singapore and Australia practices. He was a founding member of EY Global Valuation & Business Modelling (VBM) Network’s Technical Standards Group (TSG), has served in the Steering Committee and led the EY Asia Pacific VBM TSG from 2012 to 2015. He was also a member of the EY Global VBM Learning & Development committee and was involved in the development of learning curriculum and training materials for the global valuation practice. His experience includes providing advice in relation to corporate strategy, investments and divestitures, fairness opinions and business valuation. He has led in transactions relating to litigation support, tax planning, restructuring and compliance, capital raising, mergers and acquisitions, shareholder disputes and financial reporting. Eric has worked with companies from various industries and his clients include SMEs, GLCs, MNCs and public listed groups.

 

Eric is the Founding Chairman of the Council of the Institute of Valuers and Appraisers of Singapore (IVAS). The IVAS is an institute set up to advance the business valuation profession under the auspice of the Singapore Accountancy Commission. He is also the Chairman of the International Valuation Standards Council (IVSC) Membership and Standards Recognition Board. The IVSC is the global organisation which produces the International Valuation Standards (IVS) for the valuation profession. Eric is a Chartered Accountant (Singapore), Chartered Accountant (Australia and New Zealand), CPA (Australia), Chartered Valuer and Appraiser (Singapore), Senior Fellow of Finsia and Fellow of the Royal Institution of Chartered Surveyors (RICS).

This course is available in both Live Webinar (virtual) and Classroom (physical).

For this session, it will be delivered as LIVE WEBINAR. If you prefer to join the Classroom session, please register here.

Programme Objective

The emergence of Covid-19 has resulted in a global pandemic and created a huge amount of uncertainty around the world.  This pandemic has caused a global economic upheaval with many countries shutting down their economies for periods of time.  Many governments have put in place measures to help companies, businesses and the people in their countries to tide over this difficult period.   Nonetheless, some of the businesses will fail.   As for others, they will need to revisit their business strategy, innovate and change the way they operate.  This event has brought forth a re-think of the way businesses, of all sizes, are being conducted going forward.  We are living through one of the most challenging and uncertain times in recent history. 

This state of affairs has led to challenges when performing business valuations and in reporting the values determined in a way that is both helpful and informative to users.  It does not mean that no valuation can be carried out in such times.  The International Valuation Standards Council (IVSC), which sets the International Valuation Standards (IVS) issued  a letter in March 2020, looking at valuation during this period of market uncertainty with reference to the IVS.  The provision of well-evidenced and transparent valuations during such times is critical to ensure that trust and confidence prevails in the marketplace.

In this one-day seminar, live webinar via Zoom, we will explore the value implications of the Covid-19 pandemic, navigate the valuation process and understand the practical challenges and issues faced by valuers during such times, in line with IVS.  We will learn of the various considerations that the valuer will need to contemplate, when carrying out business valuation during these uncertain times.  This would include areas pertaining to bases of value, approaches/methods, inputs etc.

Programme Outline


•   Covid-19 Impact on business valuation – current and future state of play
•   Valuation standards and process in uncertain times
•   Application of relevant valuation approaches/methods
•   Practical challenges and issues faced by valuers

Learning Outcome

•   Understand the application of IVS/ valuation process in uncertain times. 
•   Identify and understand the appropriate valuation approaches/methods applicable in this climate
•   Understand the valuers’ considerations when determining the valuation parameters relating to the various approaches/methods
•   Identify and understand the practical challenges and issues faced by valuers in the conduct of business valuation

Training Methodology

Lecture style with practical illustrations.

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

Accountants, Controllers, Finance managers, Auditors and All Accounting and Finance Professionals.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Eric Teo

Eric Teo has over 25 years of professional experience and is currently the Head, Business Valuation & Advisory, Southeast Asia at Savills. He also serves as an Adjunct Associate Professor/Faculty at various universities. This include Nanyang Technological University, Singapore University of Social Sciences, Singapore Management University, Singapore Institute of Technology and Murdoch University. He was an Executive Director with Ernst & Young (EY) Transaction Advisory Services Group and has worked in both the Singapore and Australia practices. He was a founding member of EY Global Valuation & Business Modelling (VBM) Network’s Technical Standards Group (TSG), has served in the Steering Committee and led the EY Asia Pacific VBM TSG from 2012 to 2015. He was also a member of the EY Global VBM Learning & Development committee and was involved in the development of learning curriculum and training materials for the global valuation practice. His experience includes providing advice in relation to corporate strategy, investments and divestitures, fairness opinions and business valuation. He has led in transactions relating to litigation support, tax planning, restructuring and compliance, capital raising, mergers and acquisitions, shareholder disputes and financial reporting. Eric has worked with companies from various industries and his clients include SMEs, GLCs, MNCs and public listed groups.

 

Eric is the Founding Chairman of the Council of the Institute of Valuers and Appraisers of Singapore (IVAS). The IVAS is an institute set up to advance the business valuation profession under the auspice of the Singapore Accountancy Commission. He is also the Chairman of the International Valuation Standards Council (IVSC) Membership and Standards Recognition Board. The IVSC is the global organisation which produces the International Valuation Standards (IVS) for the valuation profession. Eric is a Chartered Accountant (Singapore), Chartered Accountant (Australia and New Zealand), CPA (Australia), Chartered Valuer and Appraiser (Singapore), Senior Fellow of Finsia and Fellow of the Royal Institution of Chartered Surveyors (RICS).


Upcoming Schedule

Registration is closed

Date & Time

06 Dec 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Eric Teo

Venue

Online Classroom in or outside of
Singapore