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CBV Level 1 - Valuation Report Exam Questions And Answers $8.89   Add to cart

Exam (elaborations)

CBV Level 1 - Valuation Report Exam Questions And Answers

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  • 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...

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  • November 1, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CBV - Chartered Business Valuator
  • CBV - Chartered Business Valuator
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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

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