Archive 2017-106: Best Practices: Business Valuation Methods – The Capitalized Cash Flow Method.
**Webinar 106 Live Broadcast Date: March 29, 2017**
VPS StraightTalk Webinar Series: Business Valuation Methods – The Capitalized Cash Flow Method with Jim Hitchner, CPA/ABV/CFF, ASA
Learn the Best Practices of the Business Valuation Methods in this VPS StraightTalk webinar series
Best Practices – with detailed case study
- Level of reliance on a CCF method
- CCF, DCF, or both?
- Risk analysis and adjustments – discount rate, margins, or growth
- Earnings vs. cash flow
- Financial information
- Normalization adjustments
- Excess compensation
- Weighting of historical earnings
- Minority vs. control cash flows
- Direct to equity vs. invested capital applications
- Depreciation, capital expenditures, and working capital assumptions
- Normalizing debt
- Supporting a long-term growth rate
- Dealing with high, short-term growth in a CCF method
- Real vs. nominal growth rates
- Perpetuity growth – yes or no?
- Sensitivity analyses and sanity checks
- Weighting and reconciling values
Using a detailed case study (including report language), the participant will learn:
- How to apply best practices in the CCF method
- How to defend this method
- How to select the proper level of reliability of this method
Information on CPE credits, refund policies, and complaint resolution can be found at www.valuationproducts.com/cpe.html.
This downloadable archived webinar package is an interactive video of the webinar with the original webinar handouts.
The format of the archived webinar package is an Adobe Presenter PDF file that allows you to view the video of the webinar with the synced audio so that you see the presentation just as it was presented “live.” The Presenter format also allows for easy navigation through the webinar so you can quickly go to a specific section in the presentation. The handout materials are included in the file. To view the Webinar Presenter file, you must have the current version of Adobe Reader. You can download the free Adobe Reader at http://get.adobe.com/reader Please save the file to your hard drive or server. This is a very large file so please allow sufficient time for the download to complete.
You will also need to have the current version of Adobe Flash enabled on your computer. The file may not display in your browser window, (you may see a blank image) so be sure to download the file first and then open it on your computer using Adobe Reader.