Objectives and competences
The aim of the course is to teach students to apply modern business valuation methods, techniques and practices and to understand the purpose and objectives of business valuation..
Content (Syllabus outline)
1. Introduction to business valuation, it's meaning, types, purposes and development;
2. Economic categories in business valuation: types and uses;
3. Legal and professional rules and regulations regarding business valuation
4. Methodology and methodics of business valuation
5. Profes,sional aspects of business valuation
6. Methodology of business valuation of sheres of public companies.
Learning and teaching methods
Lectures, discussions and case studies, individual coursework with presentation.
Intended learning outcomes - knowledge and understanding
In this course students:
1. Acquire theoretical and applied knowledge of the methods, techniques and processes of business valuation, its purpose and users, and the legal and professional environment or regulation (PILO 2a). (PILO 2a).
2. Acquire knowledge and understanding of international professional rules in the field of valuation (PILO 2b).
3. Get trained to apply theoretical knowledge to concrete examples of business valuation (PILO 2a).
4. Meet and understand ethical frameworks and ethical dilemmas in the field of business valuation (PILO 4a).
5. Get practical experience of problems in the field of valuation in a working group. (PILO 3c)
The PILO label (i.e., Programme Intended Learning Outcomes) defines the contribution of each listed intended learning outcome of a course towards achieving the general and/or subject-specific competencies or learning outcomes acquired through the programme.
Intended learning outcomes - transferable/key skills and other attributes
In this course students:
1. Acquire theoretical and applied knowledge of the methods, techniques and processes of business valuation, its purpose and users, and the legal and professional environment or regulation (PILO 2a). (PILO 2a).
2. Acquire knowledge and understanding of international professional rules in the field of valuation (PILO 2b).
3. Get trained to apply theoretical knowledge to concrete examples of business valuation (PILO 2a).
4. Meet and understand ethical frameworks and ethical dilemmas in the field of business valuation (PILO 4a).
5. Get practical experience of problems in the field of valuation in a working group. (PILO 3c)
The PILO label (i.e., Programme Intended Learning Outcomes) defines the contribution of each listed intended learning outcome of a course towards achieving the general and/or subject-specific competencies or learning outcomes acquired through the programme.
Readings
Temeljni študijski viri:
- Franc Koletnik.: Koliko je vredno podjetje- vrednotenje in trženje podjetij. Zveza računovodij, finančnikov in revizorjev Slovenije, Ljubljana 2010 – izbrana poglavja
- Bojan Praznik: Priročnik za ocenjevanje vrednosti podjetij. Slovenski inštitut za revizijo, Ljubljana 2011. izbrana poglavja
- Gary R. Trugman: Understanding Business Valuation: A Practical Guide To Valuing Small To Medium Sized Businesses 5th Edition. AICPA, 2017.
- Aktualna gradiva posredovana na vajah in predavanjih
Dopolnilni študijski viri:
- Igor Pšunder, Milan Torkar: Ocenjevanje vrednosti nepremičnin. Slovenski inštitut za revizijo, Ljubljana 2003, ali 2007.
- Mednarodni standardi ocenjevanja vrednosti (aktualna izdaja). Slovenski inštitut za revizijo, Dostopno na: http://www.si-revizija.si
- Strokovni članki v tujih in domačih revijah o sodobnih rešitvah v ocenjevanju vrednosti podjetij, njihovih sredstev in dolgov.
Prerequisits
No requirements
Additional information on implementation and assessment Course paper
Final exam
Course paper - written course paper with oral defence.
Final exam - the written examination may be replaced by two intermediate tests. Regular attendance at lectures and tutorials (at least 70%) is a prerequisite for taking the mid-term tests.
Final exam - students may gain additional bonus points by actively participating in lectures and tutorials, which will be added to the points obtained in the written examination or in the intermediate tests (up to a maximum of 10% of the written examination).
Final exam - the final course grade is the weighted arithmetic mean of the passing grade of the course paper (including the review assignment of another paper) and the passing grade in the written examination.
