| COURSE : CERTIFIED VALUING EARLY STAGE & START UP COMPANIES PROFESSIONAL | |
|---|---|
| Course Overview | For internal employees who want to understand and expand their roles related to financial reporting, as well as those who simply need a refresher on financial accounting, this course is the ideal way to get up to speed. By exploring concepts that go beyond basic accounting, this course will enable participants to approach financial auditing with renewed confidence. The programme will walk participants through an analysis of an organization’s financial statements using case study exercises, where participants will calculate key ratios and analyze trends over time. Engaging in discussions on both historic and current fraud cases, participants will learn how to recognize “red flags” in financial statement reporting. |
| Training Duration | Total Training Hours : 30 Hours Training Duration : 1 Week Total Training Days : 5 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday) Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) Food & refreshments Included WeekEnds (Friday & Saturday) Fast Track Sessions: 8 Hours per day (9am to 5pm) Food & refreshments Included |
| Certifications: | 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE OPTIONAL 2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) |
No prior knowledge of Accounting or Finance is required |
| Course Benefits |
Be introduced to valuation approaches including intrinsic, relative, probabilistic and real options valuation. Get an overview of other valuation issues as assessing risk and the economic cycle. Have explained to them how to value start-up companies including the characteristics of young companies and sectors and a life cycle view of start-up companies Master the valuation of companies, including the characteristics of growth company and sectors and the value of equity claims Learn how to value the operating assets through the growth phase |
| Course Contents / Outline |
"Valuing Start up and Pre IPO Companies Course Content: Overview of valuation approaches Intrinsic valuation – traditional cash flow techniques Relative valuation – multiple based analysis Probabilistic valuation – scenario analysis, decision trees and simulations Real options valuation – additional value created through optionality Other valuation issues Assessing risk – the risky risk free rate and other current valuation issues The economic cycle – incorporating macro-economic factors into a valuation Valuing start-up companies A life cycle view of start-up companies Start-up companies in context Characteristics of young companies and sectors The key challenges with start-up companies Visibility – a key valuation challenge Valuation issues – intrinsic value How to value existing assets in a start-up Cash burn and the effect on existing assets The future of the business – high growth and growth phases Assessing growth rates - the key component of value Adjusting risk for small fast growing businesses Discount rates for pure equity financed businesses When to calculate terminal value Reducing the dependence on terminal value Value of equity claims Assessing equity claims in a early stage business Valuation issues – relative valuation Problems with start-up multiple analysis Determining the starting point – revenue multiples vs profitability multiples Which year? – Determining stability for multiple calculation and techniques for “normalising” multiples vs the sector Valuing a start-up or early stage business in practice Main errors made in valuing early stage businesses Macro vs micro analysis Product success and market share Bottom up approach to a valuation Capacity capability Estimating and using different discount rates The use of phased discount rates Discount rates as maturity approaches Ensuring consistency in a valuation Private and public multiples Option to expand valuation How optionality affects valuation Valuing pre IPO companies A life cycle view of pre IPO rapid growth companies The rapid growth company in context Characteristics of growth companies and sectors How are growth companies different? Valuation issues – intrinsic value How historic numbers are misleading How asset life may develop in the high growth phase How existing assets differ in a rapid growth business Where the bulk of value is created by a rapid growth company – the growth phase Capital intensity and the rapid growth business The development of risk during the growth phase The stage at which a terminal value should be calculated for a rapid growth business – the path to IPO Value of equity claims The differing equity claims in a rapid growth business Participation by different equity holders Valuation issues – relative valuation Peer groups – private vs public companies Finding similar growth businesses – different sectors? Risk measures – adapting a multiple analysis for risk Valuing a growth business in practice Main errors made in valuing growth businesses Dealing with immature markets Assessing product cycles Ability to execute – the key driver Valuing the operating assets through the growth phase How operating asset lives develop in the high growth phase Ensuring consistency in a valuation Reinvestment and growth Assessing investment requirements – the returns and reinvestment equation Completing the valuation – combining returns and risk in a model" |