On June 23rd, 2018 ICAI Launch a Batch of Educational Course. The is launched by ICAI Registered Valuers Organisation (ICAI RVO) 23rd June 2018. The course will start from 7th July 2018 to 4th August 2018 at ICAI Banglore.

The official statement by ICAI:

The ICAI Registered Valuers Organisation (ICAI RVO) is launching its batch of Educational Course for taking IBBI Registered Valuers Examination for Securities or Financial assets class at Bangalore from 7th July 2018.

  • This educational course is as per 1st proviso to Rule 5 (1) of Companies (Registered Valuers and valuation) Rules, 2018 and a precondition for taking IBBI Registered Valuers Examination
  • The primary membership fee is Rs 5000 plus 18% GST = Rs 5900/-
  • The fees for the Educational course is Rs 25000 plus 18% GST = Rs 29500/-
  • The Fees for members who have participated/passed the Certificate Course on Valuation conducted by ICAI will be as follows:
    • A primary membership fee is Rs 5000 plus 18% GST = Rs 5900/-
    • Educational course Fee is Rs 20000 plus 18% GST = Rs 23600/-
  • There will be nine (9) full day sessions in total
  • The classes are normally held on Saturdays and Sundays
  • Every participant will be given a Certificate of Participation and completion of 50 hours of training
  • Attendance is compulsory for all the classes to complete 50 hours of training.
  • For other details, write to us at rvocourse@icai.in
  • Please contact us on – 0120-3876867

ICAI Launch A Batch of Educational Course | ICAI Registered Valuers Organisation (ICAI RVO)

Schedule for the classes Batch of Educational Course

Schedule of Batch of Educational Course by ICAI RVO at ICAI at ICAI Bangalore from 7th July 2018 to 4th August 2018

Day 1- 7th July 2018

Day 1 – 10.00 AM – 05.15 PM (6.5 Hours)

Day and Time Hrs Topic
10:00 am to 12:00 pm 2 Registered Valuer & Valuation Rules Valuation
Standards –Registered Valuers Organisation, Registration of Valuers,
Asset Classes
12:00 pm to 01:30 pm 1.5 Professional Ethics and Standards –

Model Code of Conduct as Notified by MCA, Other
Engagement Considerations

01:30 pm to 02:15 pm Lunch Break
02:15 pm to 03:45 pm 1.5 Financial Reporting

Financial
Reporting (Indian Accounting Standards), Ind AS
113

03:45 pm to 05:15 pm 1.5 The Companies Act, 2013 –

Chapter IV – Share Capital and Debenture, Chapter XV –
Compromise Arrangements and Amalgamation and Relevant
Rules, Chapter XX – Winding Up

 

Day 2- 8th July 2018

Day 2 – 10.00 AM – 05.45 PM (7 hours)

Day and Time Hrs Topic
10:00 am to 12:00 pm 2 Overview of Valuation

Meaning of Value, Premise of Valuation, Purpose of Valuation, Valuation Engagements, Valuation Process, Valuation Report, Documentation

12:00 pm to 02:00 pm 2 Valuation Approaches and Methodologies

Income Approach, Market Approach

02:00 pm to 02:45 pm Lunch Break
02:45 pm to 05:45 pm 3 Valuation Application

Equity / Business Valuation, Analysis of Business Environment, Entity’s Business Strategy Analysis, Forecasting, Cash flow Analysis, Appropriate Cost of Capital / Rate of Return, Valuation Adjustments

Day 3- 14th July 2018

Day 3 – 10.00 AM – 05.45 PM (7 hours)

Day and Time Hrs Topic
10:00 am to 11:00 am 1 Finance –

Basic Concept of finance, Decisions in Finance,
Financial Markets and Securities Markets.

11:00 am to 02:00 pm 3 Valuation of other Financial Assets and
Liabilities Intangible Assets –Nature and Classification of Intangibles, Identification
of Nature of Intangible Assets, Purpose of Intangibles
Valuation, Valuation Approaches
02:00 pm to 02:45 pm Lunch Break
02:45 pm to 05:45 pm 3 Option Valuation –

General Principles, Option Valuation Models – Black and
Scholes Valuation Methodology, Black, and Scholes
Merton Option Pricing Method Binomial Tree Method,
Monte Carlo Simulation

 

Day 4- 15th July, 2018

Day 4 – 10.00 AM – 05.45 PM (7 hours)

Day and Time Hrs Topic
10:00 am to 11: 30 am 1.5 Insolvency and Bankruptcy Code, 2016 –

Corporate Insolvency Resolution, Corporate Liquidation

11:30 am to 01:30 pm 2 Fixed Income Securities

Types of Fixed Income Securities, Types of Different Debt Instruments, Terms used in Fixed Income Securities, Credit Rating of Bonds, Embedded Options, Interest Rate Derivative Products, Related FIMMDA
Circulars

01:30 pm to 02:15 pm Lunch
02:15 pm to 05:45 pm 3.5 Valuation Application: Situation Specific
ValuationDistressed Asset Valuation, Start-up Entities Valuation,
Valuation of Small and Medium Enterprises, Valuation of Cyclical Firms, Valuation of Investment Entities,
Valuation for Insurance Coverage

 

Day 5- 21st July 2018

Day 5 – 10.00 AM – 05.15 PM (6.5 Hours)

Day and Time  Hrs Topic
10:00 am to 01:30 pm Valuation Application: Situation Specific Valuation –

Business Combination- Amalgamation, Merger, Demerger, Arrangement & Restructuring

01:30 pm to 02:15 pm  Lunch Break
02:15 pm to 05:15 pm 3 RBI and FEMA Regulations –

FEMA (Transfer or Issue of Security by a Person Resident Outside India), Regulations, 2017, Foreign Direct Investment (Pricing Guidelines), Direct Investment by Residents in Joint
Venture/ Wholly Owned Subsidiary abroad, Prudential Norms for Classification, Valuation, and Operation of Investment Portfolio by Banks, Guidelines on Sale of Stressed Assets by Banks, SARFESI Act, 2002

Day 6- 22nd July 2018

Day 6 – 10.00 AM – 04.45 PM (6 Hours)

Day and Time Hrs  Topic
10:00 am to 12:00 pm 2 Macro Economics –

National Income Accounting, Basics of Fiscal Policy, Basics of Monetary Policy, Understanding Business Cycles

12:00 pm to 02:00 pm 2 Financial Statement Analysis –

Assets, Liabilities, Income and Expenses, Performance Analysis, Capital Structure Analysis, Credit Analysis, Cash Flow Analysis

02:00 pm to 02:45 pm Lunch Break
02:45 pm to 04:45 pm 2 Judicial Pronouncements

Important Judicial Precedents of Valuation

 

Day 7- 28th July 2018

Day 7 – 10.00 AM – 05.45 PM (7 Hours)

Day and Time  Hrs Topic
10:00 am to 10:45 am 0.45
Indian Contract Act, 1872 – Offer, acceptance, and Revocation, Legal Contract, Void & Voidable Contracts, Contingent Contracts, Performance of Contracts, Consequences of Breach of Contract, Agency Agreements
10:45 am to 11:30 am 0.45 The Sale of Goods Act, 1930 –
Contract of Sale, Definition of Goods, Price of Goods, Conditions & warranties, Unpaid Seller
11:30 am to 12:15 pm 0.45 The Transfer of Property 2-

Definition of Immovable Property, Transfer, and Sale of Property, Rights, and Liabilities of Buyer & Seller, Mortgage of Property, Rights & Liabilities of Mortgager and Mortgage, Gift of Immovable Property, Lease.

12:15 pm to 01:00 pm 0.45 Indian Stamps Act, 1899 –

Basics of Indian Stamp Act, Valuation for duty, Instruments on which duty is levied

01:00 pm to 01:45 pm  Lunch Break
01:45 pm to 03:45 pm 2 Income Tax Act, 1961 and Other Statues –
Taxes on Individuals, Taxes on Companies and other entities, Heads of Income- Salary, House Property, Business Income, Capital gain and Income from other sources, Clubbing and Set off provisions. Capital Gain on Transfer of Assets, Taxation on Income of Corporate Entities, Partnership, Carry Forward of Losses,
Compliance of DTAA Agreements.
03:45 pm to 05:45 pm 2 SEBI Regulations – 

SEBI (ICDR), 2009, SEBI (LODR), 2015, SEBI (Mutual Fund) Regulations, 1996, SEBI (Share based Employee Benefits) Regulation, 2014, SEBI (SAST) Regulations, 2011, SEBI (Delisting) Regulations , ESOP Valuation

 

Day 8- 29th July 2018

Day 8 – 10.00 AM – 04.45 PM (6 Hours)

Day and Time Hrs Topic
10:00 am to 1:00 pm 3 Case Studies (This section will have 2 case studies for application of valuation techniques. There will be two comprehensions narrating the transaction based on which questions will be asked in each case.)
1:00 pm to 1:45 pm Lunch Break
1:45 pm to 4:45 pm  3 Question and Answer Session
Day 9- 4th August 2018

Day 8 – 10.00 AM – 05.45 PM (7 Hours)

Day and Time  Hrs Topic
10:00 am to 1:00 pm Sum up of all session
1:00 pm to 1:45 pm  Lunch Break
1:45 pm to 5:45 pm  4 Sum up of all session

 

Download this schedule in PDF

Registration Process

I. Scheme of the Educational course by ICAI RVO

  • This educational course is as per Rule 5 (1) of Companies (Registered Valuers and valuation) Rules, 2018 and a precondition for taking IBBI Registered Valuers Examination
  • The primary membership fee is Rs 5000 plus 18% GST= Rs 5900/-
  • The fees for the Educational course is Rs 25000 plus 18% GST = Rs 29500/-
  • There will be nine (9) full day sessions in total.
  • The classes are normally held on Saturdays and Sundays.
  • Every participant will be given a Certificate of Participation and completion of 50 hours of training
  • Attendance is compulsory for all the classes.

II. The process of Registration for Securities or Financial Assets

1. Eligibility Criteria

  • The Chartered Accountants having three years of Post qualification experience and are graduate are eligible to register
  • Criteria for others, please refer https://www.icairvo.in/ Payment to be made through Demand Draft/ Multi-city cheque to be drawn in favor of “ICAI Registered Valuers Organisation” payable at New Delhi

2. For Registration

i. For Primary Membership

  • Download the ICAI RVO Primary Enrolment Form provided in the announcement.
  • Send the Filled in Enrolment Form along with the relevant self-attested documents to ICAI Registered Valuers Organisation (ICAI RVO) along with a registration Fee Rs. 5,000 /- plus GST @18%= Rs 5900/-

Payment to be made through Demand Draft/ Multi-city cheque to be drawn in favor of “ICAI Registered Valuers Organisation” payable at New Delhi.

 

1 Comment »

  1. 1. Almost all of these topics meant for 50 hour training are studied in detail by CA/CS/CMA , before becoming the member of respective institute. I do not see any value addition to the members present knowledge by this training. In this digital age the RVOs should provided for online training facility.
    2. Instead of this process, the IBBI should have insisted for preparation of Valuation Report ( like Project Report by MBA Students) by the students after passing the exam and vetting of the same by RVOs, before registration as valuer.

    3. The model question paper ( security or financial assets) has not provided enough importance to Valuation related issues. The focus should be on valuation techniques – not on economy, corporate laws, business laws etc.

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