Course Overview For internal employees who want to understand and expand their roles related to financial reporting, as well as those who simply need a refresher on financial accounting, this course is the ideal way to get up to speed. By exploring concepts that go beyond basic accounting, this course will enable participants to approach financial auditing with renewed confidence.
The programme will walk participants through an analysis of an organization’s financial statements using case study exercises, where participants will calculate key ratios and analyze trends over time. Engaging in discussions on both historic and current fraud cases, participants will learn how to recognize “red flags” in financial statement reporting.
Training Duration Total Training Hours : 30 Hours
Training Duration : 1 Week
Total Training Days : 5 Working Days
Training Schedules Weekdays (Sunday to Thursday)
Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included

WeekEnds (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
Certifications: 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE

2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address)
Tests Yes
Learning Aids Yes
Course Material Hard & Soft Copies of Study Material
Language of Instruction English
Instructor Helpline Yes
1. Email
2. Social Media (For Emergency requirements)
Registration Requirements 1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
Mode of Payment: Cash / Cheque / Credit Card / Bank Transfer.
Eligibility Criteria
(Who should attend this training)

No prior knowledge of Accounting or Finance is required

Course Benefits

Be introduced to valuation approaches including intrinsic, relative, probabilistic and real options valuation.

Get an overview of other valuation issues as assessing risk and the economic cycle.

Have explained to them how to value start-up companies including the characteristics of young companies and sectors and a life cycle view of start-up companies

Master the valuation of companies, including the characteristics of growth company and sectors and the value of equity claims

Learn how to value the operating assets through the growth phase
Course Contents / Outline

"Valuing Start up and Pre IPO Companies Course Content:

Overview of valuation approaches

Intrinsic valuation – traditional cash flow techniques

Relative valuation – multiple based analysis

Probabilistic valuation – scenario analysis, decision trees and simulations

Real options valuation – additional value created through optionality

Other valuation issues

Assessing risk – the risky risk free rate and other current valuation issues

The economic cycle – incorporating macro-economic factors into a valuation

Valuing start-up companies

A life cycle view of start-up companies

Start-up companies in context

Characteristics of young companies and sectors

The key challenges with start-up companies

Visibility – a key valuation challenge

Valuation issues – intrinsic value

How to value existing assets in a start-up

Cash burn and the effect on existing assets

The future of the business – high growth and growth phases

Assessing growth rates - the key component of value

Adjusting risk for small fast growing businesses

Discount rates for pure equity financed businesses

When to calculate terminal value

Reducing the dependence on terminal value

Value of equity claims

Assessing equity claims in a early stage business

Valuation issues – relative valuation

Problems with start-up multiple analysis

Determining the starting point – revenue multiples vs profitability multiples

Which year? – Determining stability for multiple calculation and techniques for “normalising” multiples vs the sector

Valuing a start-up or early stage business in practice

Main errors made in valuing early stage businesses

Macro vs micro analysis

Product success and market share

Bottom up approach to a valuation

Capacity capability

Estimating and using different discount rates

The use of phased discount rates

Discount rates as maturity approaches

Ensuring consistency in a valuation

Private and public multiples

Option to expand valuation

How optionality affects valuation

Valuing pre IPO companies

A life cycle view of pre IPO rapid growth companies

The rapid growth company in context

Characteristics of growth companies and sectors

How are growth companies different?

Valuation issues – intrinsic value

How historic numbers are misleading

How asset life may develop in the high growth phase

How existing assets differ in a rapid growth business

Where the bulk of value is created by a rapid growth company – the growth phase

Capital intensity and the rapid growth business

The development of risk during the growth phase

The stage at which a terminal value should be calculated for a rapid growth business – the path to IPO

Value of equity claims

The differing equity claims in a rapid growth business

Participation by different equity holders

Valuation issues – relative valuation

Peer groups – private vs public companies

Finding similar growth businesses – different sectors?

Risk measures – adapting a multiple analysis for risk

Valuing a growth business in practice

Main errors made in valuing growth businesses

Dealing with immature markets

Assessing product cycles

Ability to execute – the key driver

Valuing the operating assets through the growth phase

How operating asset lives develop in the high growth phase

Ensuring consistency in a valuation

Reinvestment and growth

Assessing investment requirements – the returns and reinvestment equation

Completing the valuation – combining returns and risk in a model"

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