Description

Learn how to make all of the complex adjustments to a trading comparable valuation.

Learning Objectives

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1. Determine how to make complex valuation adjustments.
2. Recall how non-controlling interests and equity method investments affect equity value.
3. Distinguish between different types of pension schemes.
4. Identify accounting mechanics and relevant adjustments for valuation for pensions and other post-employment benefits.
5. Recall how the funded status of pensions impacts valuation.
6. Differentiate between the accounting treatment for IFRS and US GAAP for leases.
7. Identify the implications and adjustments to multiples for leases.
8. Recall how to deal with leases in DCF.