Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Accountants often need basic business valuation knowledge and skills to assist their clients or employers. This seminar provides participants with practical insight into business valuation. Participants will learn about and apply various valuation tools such as the capitalized cash flow (CCF) approach and the discounted cash flow (DCF) approach to business case studies. The seminar also focuses on business valuation interpretation and the mechanics of the valuation process under an asset approach, income approach, and market approach.
This course will provide participants with the basic tools for approaching a business valuation. Whether they are assessing the reasonability of a transaction (e.g. a market transaction or a tax initiated process) or providing advice on a potential transaction, this course will provide candidates with the basic knowledge of what to look for, and where to be cautious. It will also provide candidates with a means of triangulating valuation conclusions in order to cross-check preliminary findings. The course utilizes a detailed case study that builds upon itself for each module that allows for practical application.
Topics Include:
- Overview and application of valuation methodologies, including income approaches, market approaches, and asset approaches
- CCF and DCF valuation techniques and their application
- The calculation of maintainable earnings
- The determination of capitalization and discount rates
- A comparison of enterprise value and equity value
- Market valuation approaches using equity value and enterprise value multiples
NOTE: No updates or changes were made to the 2025 version of this course. If you completed the course in 2024, please be advised the 2025 course material has not changed. If you have any questions, please contact pdevents@cpaontario.ca.
Schedule
- December 1, 2025, 8:30 a.m. - 12:30 p.m.
- December 3, 2025, 8:30 a.m. - 12:30 p.m.
Key Takeaways
Upon completion of this course, you will learn how to:
- Assess when to value the assets of a company individually versus when to value an enterprise as a whole.
- Create a bridge between enterprise value and equity value, including the impacts of redundant assets and debt-like items, as part of a valuation exercise.
- Calculate the cost of capital for a company, including: cost of equity, cost of debt and weighted average cost of capital, when formulating discount rates.
- Ascertain relevance between a subject company to value, comparable public companies and precedent transactions when triangulating value in a secondary approach.
- Utilize the basics concepts of specific valuation standards in a mock valuation engagement.
Who Will Benefit
While this seminar may be useful for any finance professional, the course targets the following professionals:
- Professionals in industry and practitioners with minimal business valuation experience.
- Executives, such as Controllers, CFOs, and Finance Directors, who seek an understanding of business valuations either for financial/tax reporting or for mergers and acquisitions.
- Public practice professionals working in audit or tax and looking to increase or refresh their specialized knowledge set.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Melanie E. Russell, CPA, CA, CBV, CFE, CIM, CFF, ABV – her current practice focuses on business valuations, litigation support and dispute analysis, financial/forensic investigations, corporate finance and education. She has qualified as an expert witness in the areas of valuation, forensic accounting, income analyses and loss of income calculations in a number of cases in the Ontario Court of Justice, the Ontario Superior Court and the Federal Court of Canada. She has also acted as an accounting expert in arbitration, mediation and other alternative dispute resolution proceedings (e.g., collaborative family practice), and negotiated a number of buy/sell transactions. She has taught at various institutions, authored various articles and professional material, and has had a number of years marking, authoring and co-ordinating professional examinations including the CICBV Membership Qualifying Examination.