This one day hands on executive seminar will include critical topics on valuations.The overall goal of this seminar is to help participants learn how to analyze a company’s business strategy and its financial statements in order to value the business.
Implementation issues will be addressed particularly for difficult valuation areas such as technology valuation, IP Valuations and IPO Valuations. Panel of experts will discuss and share their opinion on Traditional valuation and Tech Startups valuation.Experts will highlight real life corporate case studies to explain their views.
Dr. Bala Dharan, Ph.D., CPA, is Robert B. and Candice J. Haas Professor and Senior Lecturer at Harvard Law School and Research Affiliate at MIT Sloan School of Management. He is also a Managing Director at Berkeley Research Group, an international business and litigation consulting firm. Professor Dharan has provided consulting and expert testimony on corporate finance, accounting and auditing, business valuation, and corporate governance issues. He has been invited three times to the United States Congress to testify on financial reporting issues, and has been a frequent invited speaker at various corporations and industry conferences. He has provided valuation and strategic consulting for several start-up businesses, and helped co-found a software technology business serving the banking industry. Professor Dharan is an award-winning teacher and has designed and taught dozens of corporate executive education offerings at Wharton School, Rice University, Indian School of Business, and other institutions. He has been a professor or visiting professor at leading global business schools, including MIT Sloan School of Management, University of California at Berkeley, Kellogg School of Management at Northwestern University, Indian School of Business, and Jones School of Management at Rice University. His research centers on the strategic use of financial information by managers and investors. He is co-author of four textbooks. Professor Dharan is a Certified Public Accountant (USA) with ABV (Accredited in Business Valuation) and CFF (Certified in Financial Forensics) credentials. He has a B.Tech degree in chemical engineering from the Indian Institute of Technology, Madras, PGDM (MBA) from the Indian Institute of Management, Ahmedabad, and MS and Ph.D. degrees in accounting from Carnegie Mellon University, Pittsburgh.
– Overview of valuation methodologies, illustrated with example valuations from recent mergers and acquisitions.
– Financial statement analysis tools to measure the risks in discounted cash flow analysis, including financing risk, cash flow forecasting risk, and accounting manipulation risk.
– Cash flow forecasting examples for tech businesses
How are tech and startup valuation and investing decisions done by private equity and venture capital firms, and how it contrasts with traditional valuation and investment approaches
– Technology industry valuation, illustrated with recent examples of private capital raises and IPOs
– Intellectual property valuation for patents and proprietary technologies
– Implementation issues in discounted cash flow methodology, including appropriate cost of capital to use in a low-interest environment
– Stock market valuation of Indian tech companies
– Alternative M&A transaction structures to reflect specific financing and tax considerations