- NY Credits : 8.0
- TX Credits : 8.0
This interactive self-study course begins by taking a look at the basics of a business valuation engagement. Lesson 1 provides guidance on the basic concepts, presumptions, and professional guidance that apply to this type of engagement, and then it provides an overall look at the process. Lesson 2 takes a closer look at the pre-engagement procedures needed for business valuation engagements. Finally, Lesson 3 examines data gathering and analysis, which are important to this type of engagement.
Course Expiration Date: April 30, 2023
Please note, the grading fee for answer sheets submitted by regular mail is $119.
Recognize basic concepts including closely held businesses, valuation engagements, the role of a consultant in this type of engagement, and the education and experience required.
Identify the basic procedures and concepts related to the performance of valuation engagements and calculation engagements.
Identify the pre-engagement procedures typically performed for a business valuation engagement, including engagement acceptance, work programs, and engagement letters.
Recognize basic data gathering procedures and what internal company information and economic, industry, and market data is collected.
Identify requirements and best practices related to the consultant’s review and adjustment of the financial statements, financial statement analysis, and internal valuation procedures.
Lesson 1—The Basics of a Business Valuation Engagement
Lesson 2—Pre-engagement Procedures
Lesson 3—Data Gathering and Analysis