Available Course

M & A Cash Flow Valuation Basics

>> Click here to book this training as an In-House course <<

Duration: 2.00
CPD Hours: Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Nestene Botha
T:  0118861395
E:  gillian@probetatraining.co.za
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In the current highly uncertain economic environment, corporate decision making is increasingly difficult. Strategic questions abound. Should excess cash flows be reinvested in the firm or distributed to shareholders? Does restructuring through a combination of divestitures and spin-offs make sense? Should firms continue to “buy” growth through M&As and run the risk of overpaying, making achieving required shareholder returns more challenging? Should corporate executives stay with what they know or diversify? Should firms downsize their operations to better focus on markets in which their core competencies give them a competitive advantage? These are important questions with no easy answers, that accountants are roped into answering every single day. While this webinar, and the rest of the webinars in this series, does not promise quick answers to these demanding questions, it does offer insight into all aspects of the corporate restructuring process from takeovers and joint ventures to divestitures and spin-offs and equity carve-outs and reorganizing businesses. This webinar provides a primer on constructing valuation cash flows, the discount rates necessary to convert projected cash flows to a present value, and commonly used discounted cash flow (DCF) methods. This webinar also deals with how to apply the capital asset pricing model when interest rates may not accurately reflect risk.

This session will cover the following: ● The Role of Valuation Methodologies in Fairness Opinions and Appraisal Rights ● Estimating Required Financial Returns ● Risk Assessment ● Calculating Free Cash Flows ● Applying Discounted Cash Flow Methods ● Using the Enterprise Method to Estimate Equity Value ● Valuing Non Operating Assets

Accountants that want to build out their advisory services with regards to M & A. Auditors that want to gain more knowledge on the M & A process.