With IFRS, and Companies Bill 2009 configuration, members armed with the Certification of Valuation Course of ICAI shall superbly be competent and capable professionals to provide the service seekers with a splendid template of the best global practices that will exuberate for the stakeholders, the immense confidence in all areas of valuation assignments and engagements.
In Companies bill 2009, appointment of Valuer is proposed to be made for enabling fair valuations. Clauses 218-223 deals with Registered Valuers in Companies bill 2009. Once this bill is passed it will give an edge to our Valuers over others to perform Valuation. The Valuer would be appointed by Company for Valuation of Property, stocks, shares, debentures, securities, goodwill, net worth or its other assets. The Institute has the vision that once the bill becomes a Law, the Ministry of Corporate Affairs would be requested to make eligible all qualified participants of the Certificate Course on Valuation to act as a registered valuer for the purpose of the said chapter of the bill. RBI in FEMA Regulations 2010 vide its notification No. FEMA 205/2010- RB dated 7th April 2010 widens the scope for Chartered Accountants by stating that fair valuation of shares has to be done by a SEBI registered category-1, Merchant banker or Chartered Accountant as per the discounted free cash flow method.
In this milieu, Valuation has a critical and active role to play in the long run in compliance with IFRS, for making positive contribution for the betterment of society. The role of valuers is to provide fair value of assets / liabilities to enable the client to make appropriate decisions in a compatible fashion.
Taking stock of the above, the Institute has launched the Valuation Course at Delhi, Mumbai, Chennai and Kolkata and the responses received are overwhelming. The focus of this course is on integrating the key approaches and methods from each area and applying them to the real case study. This is an intensive and comprehensive package of face to face session facilitated by eminent faculties from the profession, industry and leading management institute including IIMs. Indeed, this course would definitely impart a new direction to the members in their search for professional growth and career development. The course is targeted at the members and the students who have cleared their CA. final examinations.
Course Objective & Thrust Area:
The objective of the course is to enable the members to gain acumen, deeper understanding & expertise on valuation job. Apart from comprehensive theoretical aspects, this course, first of its kind in India, will sharpen the knowledge and excellence of the members through multiple case studies across the industry and service sector in Valuation, Strategic Financial Management and Cross- Border transactions, etc.
Pedagogy:
Valuation gives practical advice on using the framework to value a business or any interest therein. It is balanced between lectures, presentations, cases and dissertations and runs through the key approaches of valuation discovering the underlying assumptions of various models and their applications in live cases.
Course Duration
The total duration of the course is 300 hours as follows;
1. Self study: 200 hours
2. Class room teaching: 50 hours
3. Preparation of case studies by Groups: 50 hours.
The classes of the course will be schedule on alternative Saturdays & Sundays. Total Seven days Classes will be held.
Course Fees:
Rs.25000/- only per participant, payable online or by DD/Pay order drawn in favour of the Secretary, ICAI, payable at Delhi.
Further details & Registration Form Links:
All relevant details of the course and registration form have been hosted on the website of the Institute at http://www.icai.org/post.html?post_id=3428&c_id=266.
The filled up form along with requisite fee can be sent to the following address;
The Secretary,
Corporate Laws and Corporate Governance Committee, 4th Floor,
P.B.No.7100, Indraprastha Marg,
The Institute of the Chartered Accountants of India
New Delhi-110002
What the Participants say :
"A short and sharp refresher course with surmounting depth that helps practitioners up to speed with a specific topic, and provide valuable networking opportunities".
"A well timed initiative of the Institute to serve society and the nation by strengthening valuation skills of the members to safeguard the stakeholders interest under these turbulent times."
"The Course is encapsulated to make us understand the niceties of Business Valuations from Development to Reporting."
"A wonderfully designed learning package for the professionals and the industry".
Further Assistance:
National Course Director:
Chairman, Corporate Laws and Corporate Governance Committee
Email: sk@icai.org
Course Director:
Secretary
Corporate Laws and Corporate Governance Committee
Mobile: 91 93500 61141; Email: gvallabh@icai.in
Course Co-ordinator
Joint Secretary
Corporate Laws and Corporate Governance Committee
Mobile: 91 93508 52388; E-mail: skgarg@icai.in
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