FVC1948. Intersection of Income Market Approach

Area of Expertise: 
The Experienced Pro
Field of Study: 
Accounting
CPE Credit: 
1.5
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of, or general experience in, forensic accounting, business valuation, or litigation

Wednesday, November 6, 2019
 
7:30AM-8:45AM

While it is convenient to distinguish between the income and market approaches to value, one should be careful not to overstate the differences. After all, the approaches share a common objective of describing how a transaction for the subject asset would occur on an arm's-length basis at the valuation date. In this session we will explore:
Learning Objectives:

  1. How cash flow forecasts underlying the income approach inform market multiples
  2. How market-derived returns influence discount rates used in the income approach
  3. How to interpret observable market multiples
  4. How to interpret historical market returns and how best to correlate indications of value from the two approaches


SESSION SPEAKER(S)

CFA, CPA, ABV
Senior Vice President | Mercer Capital