RELEVANT FOR DECEMBER, 2019 SESSION ONWARDS STUDY MATERIAL PROFESSIONAL PROGRAMME VALUATIONS & BUSINESS MODELLING MODULE 3 ELECTIVE PAPER 9.7 i © THE INSTITUTE OF COMPANY SECRETARIES OF INDIA TIMING OF HEADQUARTERS Monday to Friday Office Timings – 9.00 A.M. to 5.30 P.M. Public Dealing Timings Without financial transactions – 9.30 A.M. to 5.00 P.M. With financial transactions – 9.30 A.M. to 4.00 P.M. Phones 011-45341000 Fax 011-24626727 Website www.icsi.edu E-mail
[email protected] Laser Typesetting by AArushi Graphics, Prashant Vihar, New Delhi, and Printed at M P Printers/June 2019 ii PROFESSIONAL PROGRAMME VALUATIONS & BUSINESS MODELLING A business valuation provides the management of business with numerous facts and figures pertaining to the actual worth or value of the company in terms of market competition, asset values and income values. The key benefits of business valuation are: Better Knowledge of Company Assets; Understanding of Company Resale Value; Assistance during Merger & Acquisitions; Obtain a True Company Value and Access to More Investors. With the surge in business activities, valuations have occupied the centre stage. Whether it is a start-up or a big corporate house, valuations is pervasive. Right from the setting up of the business entity, during its merger and acquisitions, for obtaining long-term finance from banks / financial institutions, winding-up and for various other business purposes, valuation is an integral component. There are various vital dimensions associated with the valuation- International Valuation Standards; Guidance to Valuation; Methods used in Valuation; Valuation of Tangibles and Intangibles; Valuation during Mergers & Acquisitions etc.