CBV Level 1 - Valuation Report Exam Questions And Answers
4 views 0 purchase
Course
CBV - Chartered Business Valuator
Institution
CBV - Chartered Business Valuator
- Current date
- Name/address of client
- Name/address of CBV
- Type of report and level of assurance provided
- Business interest being valued
- Valuation date
- Purpose of report
- The definition of FMV used
- Value does not equal price (notional vs. open market)
- Prepared in accordance...
CBV Level 1 - Valuation Report Exam
Questions And Answers
- Current date
- Name/address of client
- Name/address of CBV
- Type of report and level of assurance provided
- Business interest being valued
- Valuation date
- Purpose of report
- The definition of FMV used
- Value does not equal price (notional vs. open market)
- Prepared in accordance with CICBV Standards
- Report and analyses must be considered as a whole
- That this is a DRAFT - ANS What should the Introduction section of a Valuation Report
include?
- Name
- Date founded
- Corporate structure
- Shareholders
- Products sold
- Main customers (economic dependence?)
- Main suppliers (" ")
- Labour force
Provide sufficient detail here that the reader will understand the following section (Valuation
Approach) - ANS What should the Company Overview section of a Valuation Report
include?
- Assessment of whether business is a going concern
- If yes, income based approach appropriate
- Assessment of whether historical = future earnings
- If yes, capitalized approach appropriate
- If no, discounted cash flow approach appropriate
- If capitalized, assessment of whether depreciation =
SCR
- If yes, Capitalized Earnings
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller DocLaura. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.89. You're not tied to anything after your purchase.