Certificate Course on Valuation
![]() by The Institute Of Company Secretaries Of IndiaNew Delhi, Mumbai |
Eligibility: (Pre-requisites) | The Certificate Course is primarily designed for members of the institute; however the students who have passed the Professional / Final exam of ICSI are also eligible for participating in this Certificate Course. |
Medium of instruction: | English |
Introduction
In the age of dynamic change, everything is changing very rapidly. The technology of today is getting obsolete tomorrow. Most of the Countries have adopted or going to adopt International Financial Reporting Standards which prescribe that Books of Accounts should be stated at fair valuation. It necessitates that as the organizations adjust their financial statements accordingly, the Company Secretaries also equip themselves with the intricacies and techniques of valuation.
Objective & Scope of Valuation
Proper business valuation and transparency is an instrument of good corporate governance and introduction of a Certificate Course on Valuation would be a forward looking step for the benefit of the corporate sector in India especially for various restructuring decisions. The area of Valuation is perceived to be limited to corporate valuation work like Valuation of Shares, Enterprise wide valuation etc. However, the scope of Valuation extends to Co-operative organization, Income Tax Department, Municipal Corporation, Asset or Business Valuation for Banking or Insurance Company etc., in addition to corporate valuation.
In such a scenario, it becomes necessary for Company Secretaries to understand the intricacies of Valuation principles and techniques. Recognizing this, ICSI has decided to launch a Certificate Course on Valuation so as to build the skills of Company Secretaries in carrying out the valuation assignment relevant to today's business environment. This Certificate Course will give an insight into the various Conceptual, Technical and Procedural aspects of Valuation, including -
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Valuation of tangible or intangible assets;
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Valuation of shares;
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Valuation of takeover target;
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Exchange ratio in merger or amalgamation.
The Certificate Course would enable the professionals to understand and perform services involving:
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Valuation of Business
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Shares
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Debt/Bonds
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Assets
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Goodwill
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Brands
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Intellectual Property Rights
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Family Settlement
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Plant & Machinery, Land & Building, other assets etc.
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Jewelry, Antique items, Painting etc.
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Gold, bullion, artifacts, distressed assets
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Financial Value of any other object being valued.
This Certificate Course provides a framework for business valuation and gives practical exposure on applying the valuation principles in different situations. The Certificate Course aims that the Company
Secretaries should be able to carry outh the valuation assignment with confidence and commendable skills.
Vision : To be a global leader in promoting good corporate governance
Centers
The Certificate Course will be organized initially at Delhi and Mumbai and would be extended to all other regions, as may be decided.
Certificate Course Structure
In order to give sufficient practical knowledge of valuation principles, techniques, methodology, the Certificate Course has been modeled in self study, classroom training, case study and presentation.
The duration of Certificate Course is divided into 120 hours comprising
Self Study 90 hours
Classroom Training 30 hours
Evaluation After completion of five week of Classroom training
Classroom training of 30 hours will be organized in 5 weeks preferably on
Saturday 6.00 pm to 8.00 pm
Sunday 9.00 Am to 1.00 pm
Faculties
The faculties of the classroom training for this certificate course will be eminent speakers on the subject.
Examination
Institute shall organize examination after the five week of the completion of class room training for evaluation of the performance of candidates. There is no restriction on number of attempts to pass the exam. No examination fee shall be charged for the candidate for the first attempt. If a candidate fails to qualify the examination in the First attempt, he shall be required to pay a fee of Rs. 1000 for every subsequent exam.
Certificate Course Contents
Certificate Course is divided into four parts
Part – I : Conceptual Understanding on Valuation
Part - II : Methods & technical Aspects of Valuation
Part – III : Regulatory Aspects of Valuation and Tax Implications
Part – IV : Case Studies & Presentation
Mission
To develop high caliber professionals facilitating good corporate governance
Brief Certificate Course Contents
Part I : Conceptual Understanding on Valuation
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Meaning of Value
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Objectives & Scope of Valuation
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Preliminary works relating to Valuation including:
- Principle of valuation
- Valuation Standards
- Valuation analysis
- Due Diligence
Part II : Methods & Technical Aspects of Valuation
Valuation techniques
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Historical Earning Valuation
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Asset Based Valuation
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Market Based Valuation
Part III : Regulatory Aspects of Valuation & Tax Implications
Legal & Regulatory aspects of valuation such as SEBI Regulations / RBI Regulations, Income Tax Implications as applicable to
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Mergers & Acquisitions
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DeMerger/slum sale
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Acquisition
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Liquidation and Corporate Insolvency
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Internal & External Restructuring
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Valuation of Intellectual Properties
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Valuation of Real Estates / Real Assets
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Valuation of Securities (Preferential Issue / Sweat Equity Shares)
Part IV : Case Studies and Presentation
Classroom - Weekend | ||||
When | Duration | Where | Remarks | Price |
(6:00 PM - 8:00 PM) Sat |
5 Weeks |
Lodhi Road, New Delhi (Headquarters) | Not Specified |
INR 15,000 Per Course (Taxes As Applicable) |
(9:00 AM - 1:00 PM) Sun |
5 Weeks |
Lodhi Road, New Delhi (Headquarters) | Not Specified |
INR 15,000 Per Course (Taxes As Applicable) |
(6:00 PM - 8:00 PM) Sat |
5 Weeks |
Nariman Point, Mumbai (Regional/Local Office) | Not Specified |
INR 15,000 Per Course (Taxes As Applicable) |
(9:00 AM - 1:00 PM) Sun |
5 Weeks |
Nariman Point, Mumbai (Regional/Local Office) | Not Specified |
INR 15,000 Per Course (Taxes As Applicable) |
Price Notes: The fee would cover cost of classroom training, reference material and evaluation. If a candidate fails to qualify the examination in the First attempt, he shall be required to pay a fee of Rs. 1000 for every subsequent exam. |
Mumbai, Nariman Point (Regional/Local Office):- WIRC,13, Jolly Maker Chambers NO. 2 (1st Floor) Nariman Point, Mumbai - 400 021, Maharashtra, India
The Institute Of Company Secretaries Of India
The Institute of Company Secretaries of India(ICSI) is constituted under an Act of Parliament i.e. the Company Secretaries Act, 1980 (Act No. 56 of 1980). ICSI is the only recognized professional body in India to develop and regulate the profession of Company Secretaries in India. The Institute of Company Secretaries of India awards the certificate of bestowing the designation of Company Secretary(CS) to a candidate qualifying for the membership of the Institute. It was in 1960 that the Company Law Board started a course in Company Secretaryship leading to the award of Government Diploma in Company Secretaryship. As the number of students taking up the Company Secretaryship course grew, the Government promoted on 4th October, 1968, Institute of Company Secretaries of India under Section 25 of the Companies Act, 1956 for taking over from the Government the conduct of Company Secretaryship examination. The Institute of Company Secretaries of India (ICSI) has since been converted into a statutory body w.e.f. 1.1.1981 under the Company Secretaries Act, 1980. The Institute of Company Secretaries of India(ICSI) has on its rolls 27,313 members including 5,225 members holding certificate of the practice. The number of current students is over 3,60,000.
The Institute of company Secretaries of India (ICSI) has its headquarters at New Delhi and four regional offices at New Delhi, Chennai, Kolkata and Mumbai. The Institute has four Regional Councils and under their jurisdiction 70 Chapters as provided in the link below:
ICSI Organisation Structure
Membership of The Institute of Company Secretaries of India(ICSI) has been recognized for appointment to various superior posts and services under the Central Government.
The affairs of the Institute of Company Secretaries of India (ICSI) are managed by a Council consisting of fifteen elected members and five nominees of the Central Government. Pursuant to section 383A of the Companies Act, 1956, companies having a paid -up share capital of Rs 5 crore or more, as prescribed by the Central Government, are statutorily required to appoint a whole-time Company Secretary.
The major contribution of Company Secretary (CS) is in corporate sector. Company Secretary (CS) is an important professional aiding the efficient management of the corporate sector. Company Secretary (CS) is designated as an officer under the Companies Act. Company Secretary (CS) has to interact, coordinate, integrate and cooperate with various other functional heads in a company. A member of the Institute of Company Secretaries of India(ICSI) may also practise independently as a professional after obtaining a certificate of practice as provided in the Company Secretaries Act,1980.
ICSI eLearning
ICSI eLearning Portal is a joint initiative taken by Institute of Company Secretaries of India (ICSI) & GurukulOnline Learning Solutions (GOLS) to provide quality education through Internet.
In order to facilitate ICSI registered students, eLearning portal is available for Foundation , Executive and Professional Program. Students throughout the country including rural and semi urban from other countries can avail this 24x7 hours online study facility as the portal has global reach.
Under elearning,students can have continuous access to studies and guidance of faculties online. The elearning module will enable the students to have access to learning and faculty support at any time as per their convenience.
Interactivity will be established by modules such as Discussion forum and online chat. After the proposed virtual classroom facility under elearning portal. Student will be able to interact live with the faculty. Undergoing of elearning is in addition and not in substitution to compulsory postal tution. elearning is designed to provide a virtual contact between the teacher and the student. Students intending to join elearning are therefore, required to pay additional fees as determined by institute from time to time.
The Institute of Company Secretaries of India (ICSI) -
-
The Institute of Company Secretaries of India is constituted under the Company Secretaries Act, 1980 (Act No. 56 of 1980) to develop and regulate the profession of Company Secretaries in India.
-
It was in 1960 that the Company Law Board started a course in company secretaryship leading to the award of Government Diploma in company secretaryship.
-
As the number of students taking up the company secretaryship course grew, the Government promoted The Institute of Company Secretaries of India on 4th October, 1968 under Section 25 of the companies Act, 1956 for taking over from the Government the conduct of company Secretaryship examination.
-
The Institute of company Secretaries of India has since been converted into a statutory body w.e.f. 1.1.1981 under the Company Secretaries Act, 1980.
GurukulOnline Learning Solutions™ (GOLS)
Background :
The pioneer and innovator of eLearning in India, GurukulOnline Learning Solutions™ (GOLS) is today, a leader in this realm. At GOLS, we are driven by a single purpose - ‘to offer a learning experience on the web that is nothing less than revolutionary.' We develop specialised solutions for corporate houses, educational institutions and retail students (B2C – Students) in numerous spheres - synchronous and asynchronous learning, high-end strategy consulting, deployed blended learning, and customised content development, cutting-edge web collaboration and more.
Our partnerships with leading institutions have given us an edge in numerous domains such as Organised Retail, Pharmaceutical & Bio-Tech, Capital Markets, Petroleum, BFSI, ITES-BPO etc. Our expertise in each phase of the eLearning cycle – Consulting, Installation, Integration, Deployment, Training and Support is unmatched in the industry.