Course CIG 227.1 · Year II · Summer 2019-2020

BUSINESS VALUATION

Compulsory course in Accounting and Management Information Systems, taught by Adina Elena Dănulețiu.

This course page is from 2019-2020 and is archived.
See this course for the current academic year

Overview

Lecturer
Adina Elena Dănulețiu
Seminar tutor
Adina Elena Dănulețiu
Type of course
Compulsory
Language of instruction
Romanian
Erasmus language
English
Domain
Accounting
Field of study
Accounting and Management Information Systems
Form of education
Full-time
Form of instruction
Class
Credit awarded by
Grade
Teaching methods
Lecture, conversation, exemplification.
Entry requirements
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Aims

to make students acquire theoretical knowledge regarding property and businessesvaluation

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.

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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 3. 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; 4. 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 5. Approaches valuation of businesses: Income-based approach in business valuation Market comparison approach Asset-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; •Use of fundamental knowledge in order to identify similarities and differences between accounting, the economic and administrative valuation, to par identify strengths and weaknesses in the application of a certain type of diagnostic company, identify the advantages and disadvantages of evaluation methods practiced for business valuation and for different categories of assets and liabilities within it.

Assessment

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

Recommended reading

• *** International Valuation Standards
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