Programme Outline
Business valuation is often regarded as the process of ascertaining the value of a business, its ownership interest or a particular asset or liability. It is a key component of investor and corporate activities and is carried out for many purposes. Particularly, the use and importance of business valuation in transactions and fair value measurement in financial reporting has been increasing in today’s corporate environment, and there is significant interest in the way that values are determined in this regard. As business valuation is deeply anchored in financial reporting, it is necessary and important to be equipped with the fundamental knowledge of this subject matter. In the conduct of business valuation, the International Valuation Standards (IVS) as developed by the International Valuation Standards Council (IVSC) is being applied by valuers in more than 100 countries. IVSC is an independent, not-for-profit global standard setter for the valuation profession and its goal is to build trust in valuation by establishing one set of globally consistent, high-quality valuation standards. It is a membership body with more than 160 organisations, comprising of valuation professional organisations (VPOs), associate VPOs, institutional, corporate, and academic members, and works to promote and grow the valuation profession worldwide.
IVSC has recently set up an office in Singapore, as its first base outside Europe to drive its advocacy efforts in the adoption of the IVS in Asia. The Institute of Valuers and Appraisers of Singapore (IVAS) (under the SAC/ACRA), which certifies business valuers in Singapore, is a member of IVSC. The business valuers (Chartered Valuers and Appraisers) certified by IVAS will have to comply with the IVS in carrying out their work in the marketplace. This session will provide an insight into the IVS and its application in the context of valuation for financial reporting. The former International Accounting Standards Board (IASB) and IVSC Chairman, Sir David Tweedie once said, “The Financial Reporting Standards focus on ‘when’ and ‘what’ to value, but the IVS emphasis is on ‘how’.” In this regard, the IVS include the fundamentals of valuation, common valuation principles and specific standards relating to the valuation of assets, businesses and companies. The session will cover specifically the IVS Glossary, Framework, General and Asset Standards and its relation to the valuation process adopted by business valuers in the marketplace.
Please click here to view the entire Web-Bitez Series.*Please access the platform at least 15 mins prior to the webinar. *The Institute reserves the right to amend the programme, month, and mode of delivery as deemed necessary without prior noticeNOTE: - The ISCA Web-Bitez Learning Series is offered by ISCA from March to November 2023 and sessions will be held as live webinar. A detailed set of instructions will be sent to you before the session.
- The dates and contents published on the website are indicative and subject to changes without prior notice. Participants will only be notified of the changes to event dates.
- The Institute reserves the right to amend the programme (including duration, date, and content) as deemed necessary without prior notice.
- Playback option for the ISCA Web-Bitez Learning Series will be available 6 months from the session date or registration date (whichever later), for participants who are unable to attend the live session(s).
- As the option for playback is available, any request for deferment, cancellation or refund of fees in full or partial is strictly not allowed.
- All Birthday and Credit vouchers must be applied at the time of purchase. There shall be no further amendments to the invoice once registration is confirmed.
- Click here to view CPE Terms and Conditions. ISCA reserves the right to amend the terms and conditions at any time without prior notice.
Your enrolment would constitute that you have read and accepted the Terms and Conditions.Training MethodologyInteractive facilitated presentation Closing Date for Registration1 week before commencement or until full enrolment.
Intended For
- Finance Leaders
- Audit Practitioners
- Public Finance Leaders
Competency Mapping
Others = 2.00 Hours
Schedule & Fees
Registration is closed
Fee (inclusive of GST)
For Members:
$ 87.20
For Non-Members:
$ 109.00
Programme Facilitator(s)
Eric Teo
Testimonial
Funding
1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.
To find out more on the UTAP funding and support validity period please click here.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008
Programme Facilitator(s)
Eric Teo
Eric is a consultant to organisations, and serves as an adjunct professor/ associate professor/ faculty and visiting fellow at various universities with close to 30 years of professional experience. These include Nanyang Business School (Nanyang Technological University), School of Business (Singapore University of Social Sciences), Design and Specialised Businesses (Singapore Institute of Technology), Executive Development (Singapore Management University), School of Business and Governance (Murdoch University) and School of Law (City University of Hong Kong).
Eric previously worked for Ernst Young (EY) 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), and has served in the Steering Committee and led the EY Asia Pacific VBM TSG from 2012 to 2015.
Eric is the Founding Chairman of the International Valuation Standards Council (IVSC) Membership and Standards Recognition Board. The IVSC is the independent global body responsible for setting the International Valuation Standards (IVS) that are used today in more than 100 countries worldwide. At present, Eric is a Director of IVSC Asia Ltd, recently set up in Singapore by IVSC, as its first base outside Europe to drive its advocacy efforts in the adoption of the IVS in Asia. Eric is also the Founding Chairman of the Institute of Valuers and Appraisers of Singapore (IVAS). The IVAS (a member of IVSC) is an institute set up to advance the business valuation profession under the auspice of the SAC (which has merged with ACRA). Eric is a Chartered Accountant (Singapore), Chartered Accountant (Australia and New Zealand), CPA (Australia), Senior Fellow of Finsia and Fellow of the Royal Institution of Chartered Surveyors (RICS). Eric is a Director of the Intellectual Property Office of Singapore (IPOS) and IPOS International Pte Ltd. He has worked with organisations from various sectors/industries and his clients include government agencies, regulatory agencies, professional bodies, SMEs, GLCs, MNCs, and public listed groups
Programme Outline
Business valuation is often regarded as the process of ascertaining the value of a business, its ownership interest or a particular asset or liability. It is a key component of investor and corporate activities and is carried out for many purposes. Particularly, the use and importance of business valuation in transactions and fair value measurement in financial reporting has been increasing in today’s corporate environment, and there is significant interest in the way that values are determined in this regard. As business valuation is deeply anchored in financial reporting, it is necessary and important to be equipped with the fundamental knowledge of this subject matter. In the conduct of business valuation, the International Valuation Standards (IVS) as developed by the International Valuation Standards Council (IVSC) is being applied by valuers in more than 100 countries. IVSC is an independent, not-for-profit global standard setter for the valuation profession and its goal is to build trust in valuation by establishing one set of globally consistent, high-quality valuation standards. It is a membership body with more than 160 organisations, comprising of valuation professional organisations (VPOs), associate VPOs, institutional, corporate, and academic members, and works to promote and grow the valuation profession worldwide.
IVSC has recently set up an office in Singapore, as its first base outside Europe to drive its advocacy efforts in the adoption of the IVS in Asia. The Institute of Valuers and Appraisers of Singapore (IVAS) (under the SAC/ACRA), which certifies business valuers in Singapore, is a member of IVSC. The business valuers (Chartered Valuers and Appraisers) certified by IVAS will have to comply with the IVS in carrying out their work in the marketplace. This session will provide an insight into the IVS and its application in the context of valuation for financial reporting. The former International Accounting Standards Board (IASB) and IVSC Chairman, Sir David Tweedie once said, “The Financial Reporting Standards focus on ‘when’ and ‘what’ to value, but the IVS emphasis is on ‘how’.” In this regard, the IVS include the fundamentals of valuation, common valuation principles and specific standards relating to the valuation of assets, businesses and companies. The session will cover specifically the IVS Glossary, Framework, General and Asset Standards and its relation to the valuation process adopted by business valuers in the marketplace.
Please click here to view the entire Web-Bitez Series.*Please access the platform at least 15 mins prior to the webinar. *The Institute reserves the right to amend the programme, month, and mode of delivery as deemed necessary without prior noticeNOTE: - The ISCA Web-Bitez Learning Series is offered by ISCA from March to November 2023 and sessions will be held as live webinar. A detailed set of instructions will be sent to you before the session.
- The dates and contents published on the website are indicative and subject to changes without prior notice. Participants will only be notified of the changes to event dates.
- The Institute reserves the right to amend the programme (including duration, date, and content) as deemed necessary without prior notice.
- Playback option for the ISCA Web-Bitez Learning Series will be available 6 months from the session date or registration date (whichever later), for participants who are unable to attend the live session(s).
- As the option for playback is available, any request for deferment, cancellation or refund of fees in full or partial is strictly not allowed.
- All Birthday and Credit vouchers must be applied at the time of purchase. There shall be no further amendments to the invoice once registration is confirmed.
- Click here to view CPE Terms and Conditions. ISCA reserves the right to amend the terms and conditions at any time without prior notice.
Your enrolment would constitute that you have read and accepted the Terms and Conditions.Training MethodologyInteractive facilitated presentation Closing Date for Registration1 week before commencement or until full enrolment.
Intended For
- Finance Leaders
- Audit Practitioners
- Public Finance Leaders
Competency Mapping
Others = 2.00 Hours
Programme Facilitator(s)
Eric Teo
Eric is a consultant to organisations, and serves as an adjunct professor/ associate professor/ faculty and visiting fellow at various universities with close to 30 years of professional experience. These include Nanyang Business School (Nanyang Technological University), School of Business (Singapore University of Social Sciences), Design and Specialised Businesses (Singapore Institute of Technology), Executive Development (Singapore Management University), School of Business and Governance (Murdoch University) and School of Law (City University of Hong Kong).
Eric previously worked for Ernst Young (EY) 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), and has served in the Steering Committee and led the EY Asia Pacific VBM TSG from 2012 to 2015.
Eric is the Founding Chairman of the International Valuation Standards Council (IVSC) Membership and Standards Recognition Board. The IVSC is the independent global body responsible for setting the International Valuation Standards (IVS) that are used today in more than 100 countries worldwide. At present, Eric is a Director of IVSC Asia Ltd, recently set up in Singapore by IVSC, as its first base outside Europe to drive its advocacy efforts in the adoption of the IVS in Asia. Eric is also the Founding Chairman of the Institute of Valuers and Appraisers of Singapore (IVAS). The IVAS (a member of IVSC) is an institute set up to advance the business valuation profession under the auspice of the SAC (which has merged with ACRA). Eric is a Chartered Accountant (Singapore), Chartered Accountant (Australia and New Zealand), CPA (Australia), Senior Fellow of Finsia and Fellow of the Royal Institution of Chartered Surveyors (RICS). Eric is a Director of the Intellectual Property Office of Singapore (IPOS) and IPOS International Pte Ltd. He has worked with organisations from various sectors/industries and his clients include government agencies, regulatory agencies, professional bodies, SMEs, GLCs, MNCs, and public listed groups