Companion to PPC's Guide to Business Valuations - Course 1 - The Capitalized and Discount Cash Flow Valuation Methods and Related Topics (VALTG221)  

Identify terms, principles, approaches, and methods used in valuation engagements.

Recognize the process for selecting a valuation method for an engagement and which methods are appropriate for very small businesses.

Identify whether the capitalized or the discounted cash flow valuation method is appropriate, which variable to discount or capitalize, steps for using the discounted cash flow method, and appropriate discount and capitalization rates.

Recognize the steps for using the capitalized cash flow method and the capital asset pricing model.

Determine how to use the build-up method for estimating the discount rate and the related cap rate and the Duff & Phelps valuation handbooks.

Recognize how to convert a net cash flow discount or cap rate to a rate applicable to another variable, use the weighted average cost of capital, and identify characteristics of the values estimated in this lesson.