Course FB323 · Year II · Summer 2023-2024

BUSINESS VALUATION

Elective (1 of 2) course in Finance and Banks, taught by Ionela Cornelia Cioca.

This course page is from 2023-2024 and is archived.
See this course for the current academic year

Overview

Lecturer
Ionela Cornelia Cioca
Seminar tutor
Ionela Cornelia Cioca
Type of course
Elective (1 of 2)
Language of instruction
English
Erasmus language
English
Domain
Finance
Field of study
Finance and Banks
Form of education
Full-time
Form of instruction
Lecture
Credit awarded by
Grade
Teaching methods
Lecture, conversation, exemplification.
Entry requirements
Whitebord, marhets, standards

Aims

to make students acquire theoretical knowledge regarding property and businessesvaluation, especially the formation and development of practical skills on the application of evaluation methods appropriate categories of asset components of the enterprise and the enterprise as a whole

make students acquire theoretical knowledge regarding property and businessesvaluation, especially the formation and development of practical skills on the application of evaluation methods appropriate categories of asset components of the enterprise and the enterprise as a whole.

make students acquire theoretical knowledge regarding property and businessesvaluation, especially the formation and development of practical skills on the application of evaluation methods appropriate categories of asset components of the enterprise and the enterprise as a whole.

Course contents

  1. Defining concepts of valuation; Types of valuations; Moments valuation of properties and businesses; The relationship value, price, cost; Basis of Value; Market value, Investment value, Fair value, Special Value, Synergistic Value, Forced Sales, Definition and valuation stages
  2. Diagnosis enterprise

Defining the need and role of diagnosis in the valuation; Strategic diagnosis of the enterprise; Legal diagnosis; Technical diagnosis; Diagnosis and management of human resources; Commercial diagnosis; Diagnosis accounting

  1. The issue of valuation property. The issue of valuation of intangible assets: Definition of intangible assets; Classification of intangible assets; Intangible asset valuation methods; Considerations regarding the evaluation of specific intangible assets;
  2. The issue of valuation of tangible assets: Land valuation; Valuation of buildings;

 Valuation of fixed assets by type of technological equipment, machinery and equipment for measurement, control and adjustment; transportation; Furniture and office equipment; Assets under valuation; Evaluation of financial assets; Rating Current assets: Measurement of inventories; Valuation of receivables; Valuation of reserves; Assessing deferred income. Valuation of debt

  1. Approaches valuation of businesses:
    Income-based approach in business valuation
    Market comparison approachAsset-based approach to business valuation

Learning outcomes

  • Knowledge and understanding of the fundamental concepts, theories, and methods in the field of bussines valuations; their adequateuse in professional communication
  • Drawing up professional projects using several methods and principles acknowledged in business valuation.

Assessment

Written exam – 60%; verification during semester – 40%.

Recommended reading

tehnici si metode de evaluare a entitatilor
cioca ionela
seria didactica, romania, 2018 · 150
evaluarea intreprinderii
danuletiu adina
seria didactica, alba iulia, 2019 · 100
International Valuation Standards
anevar
anevar, romania, 2022 · 500