Valuation of Securities or Financial Assets

Valuation of Securities or Financial Assets


The Companies (Registered Valuers and Valuation) Rules, 2017 have been notified on October 18, 2017. Further, vide notification dated October 23, 2017, the Ministry of Corporate Affairs (MCA) has delegated the powers and functions pertaining to Registered Valuers, as mentioned in Section 247 of the Companies Act, 2013, to the Insolvency and Bankruptcy Board of India (IBBI).

Accordingly, IBBI regulates the Registered Valuers and facilitates the education and examination for Registered Valuers. This examination is mandated under section 247 read with sections 458 and 469 of the Companies Act, 2013 (18 of 2013). It is one of the mandatory conditions for registration as a Registered Valuer with IBBI.

What's covered

  • Macro Economics
  • Finance
  • Professional Ethics and Standards
  • Financial Statement Analysis
  • General Laws and Judicial Pronouoncements such as
    Registered Valuers and Valuation Rules, 2017
    - Indian Contract Act, 1872
    - The Sale of Goods Act, 1930
    - The Transfer of Property Act, 1882
    - Indian Stamps Act, 1899
    - Income Tax Act, 1961
    - Insolvency and Bankruptcy Code, 2016
    - Judicial Pronouncements
  • Overview of Valuation
  • Valuation Approaches and Methodologies
  • Valuation Application -
    - Equity / Business Valuation
    - Fixed Income Securities
    - Option Valuation
    - Other Financial Assets and Liabilities
    - Intangible Assets
    - Situation specific valuation
  • Laws and Regulations relevant to Financial Assets Valuation
    - Financial Reporting
    - The Companies Act, 2013
    - SEBI Regulations
    - RBI and FEMA Regulations
    - Income Tax and Other statutes
  • Case Studies
Detailed Curriculum

Who should attend

The Program prepares participants to prepare for IBBI's examination for Registered Valuer.

Participants are expected to be:
Member of Institute of Chartered Accountants of India (ICAI),
Member of Institute of Company Secretaries of India (ICSI),
Member of the Institute of Cost Accountants of India (ICMAI),
Master of Business Administration or Post Graduate Diploma in Business Management (specialisation in finance).
Post Graduate in Finance

Participants are expected to have Three Years' of experience in specified discipline i.e. valuation of securities of financial assets.

Deliverables

Study Materials

50 hours of classroom training delivered by specialists in valuation

Certificate of completion of 50 hours of Contact classes
[Offered by Institution of Estate Managers and Appraisers. A Registered Valuer Organisation (RVO) under IBBI.]

Key links
IBBI - Securities or Financial Assets Valuation
IESMA
MCA - Registered Valuers and Valuation Rules, 2017