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SMU-IPAS Graduate Certificate in Insolvency and Restructuring
Module 7: Business Valuation
Eric Teo
Founding Chairman
International Valuation Standards Council (IVSC) Membership and Standards Recognition Board
SYNOPSIS
This module will approach the subject of business valuation by navigating through the International Valuation Standards (IVS), focusing on the process, the various approaches and methods, and the challenges commonly encountered in their application. The emphasis will be on the fundamentals of business valuation, and the application of the market, income, and cost approaches (and their respective methods) in the conduct of valuation of business and business interests.
Participants will also gain an understanding of the business valuation landscape/ eco-system and the impact of the changing environment on business valuation.
The course will equip participants with the requisite practical skills to understand how business valuation is carried out in compliance with prevailing international standards and best practices, as well as regulatory requirements.
At the end of the module, participants will be able to:
Understand the business valuation landscape and future developments
Understand the fundamentals of valuation and the application of IVS in the valuation process
Identify and understand the appropriate valuation approaches/ methods in compliance with IVS
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
WHO SHOULD ATTEND
Newly qualified accountants and lawyers pursuing R&I practice or mid-career accountants/ lawyers from other specialisations
Restructuring/ Financial Advisers
Bank/ Lender work-out groups
PREREQUISITE
Participants should preferably be a degree holder, in any discipline, and have at least one year of working experience.
ASSESSMENT
As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.
Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.
SPEAKER
Eric Teo
Eric Teo has over 30 years of experience and is a Business Valuation professional serving as Consultant to organisations and also spending his time in academia at various universities. Eric Teo is the Founding Chairman of the International Valuation Standards Council (IVSC) Membership and Standards Recognition Board, and the Institute of Valuers and Appraisers of Singapore (IVAS).
Eric was formerly Savills’ Head of Business Valuation and Advisory practice in Southeast Asia. Prior to this, Eric was the Executive Director of Ernst & Young (EY) Valuation and Business Modelling (VBM) practice, and has worked in both the Singapore and Australia practices. Whilst with EY, he has led the EY Asia Pacific VBM Technical Standards Committee. Eric has conducted business valuation for transactions and financial reporting for companies from various industries and his clients include SMEs, GLCs, MNCs, and public listed groups.
Apart from professional practice, Eric also sits on various boards and committees, and is actively involved in the education and professional development space. He has worked with institutes of higher learning, professional organisations, government agencies and regulatory bodies in Singapore and the region. He is currently an Adjunct Associate Professor/Faculty with Nanyang Technological University, Singapore University of Social Sciences, and Singapore Institute of Technology.
Eric holds the designation of CVA Singapore, Fellow CA Singapore, Fellow CA ANZ, Fellow CPA Australia, Fellow RICS and Senior Fellow, FINSIA.
Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, participants are reminded to sign in on arrival and sign out at the conclusion of each day of the event in the manner required by the organiser. Participants must not be absent from each day of the event for more than 15 minutes. Participants who do not comply with the Attendance Policy on any particular day of the event will not be able to obtain CPD Points for that day. Please refer to www.sileCPDcentre.sg for more information.
Jointly organized by:
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