Company Valuation

Acronym
2PVP
Status
mandatory
Semester
1, 2
Number of classes
2L + 2E
ECTS
6.0
Study programme
Module
Type of study
Master academic studies
Lecturer/Associate (practicals)
Prerequisite / Form of prerequisites

No

Form of prerequisites:

None

Learning objectives

Mastering methodologies for solving one of the most complex problems in microeconomics, valuation of the company (as well as equity and assets).

Learning outcomes

Training students for understanding the value of the company, introducing students to regulations and methodologies to gain knowledge of the objective value of the company.

Course contents

Conceptual separation of the company value; Development of the company valuation; Subject and purpose of valuation; Role of the appraiser in the company valuation; Recommended form and content of the valuation report on the value of the company; Basis for the company valuation; Assessment of economic policies, market of goods and services and competitiveness of the company; Financial analysis; Company valuation; Principles of valuation; Choice of valuation method; Methods for substance valuation; Yield methods; Test of the acceptability of valuation, International Valuation Standards.

Literature
  1. Mikerević, D. (2009). Principles and Practice of Company Valuation. Banja Luka: Finrar

    (Original)
  2. Serdar Raković, Tajana. (2020). PROCJENA VRIJEDNOSTI PREDUZEĆA. Osvrt na neaktivna tržišta kapitala. Banja Luka, BiH: Ekonomski fakultet

    (Original)
  3. IVCS. (2022). Međunarodni standardi vrednovanja. London, UK: Savjet za standarde vrednovanja (Prevod Udruženje ovlašćenih procjenjivača u BiH, 2022).

    (Original)
  4. Rodić, J. (2003). Business Finance and Company Valuation. Belgrade: Ekonomika

    (Original)
  5. Mikerević, D. (2009). Financial Management. Banja Luka: Faculty of Economics, University of Banja Luka and Finrar

    (Original)
Evaluation and grading

Exam, seminary work

Teaching Methods

Lectures, discussions and analyses of typical cases. Pre-exam papers should be used to conduct independent research on this topic.