公司价值评估方法与应用汇总.pptVIP

公司价值评估方法与应用;第一章 概述;价值评估与公司价值评估;公司（企业）价值评估的意义;公司（企业）价值评估的历史;中国香港 《与贸易相关的商业资产和商业企业的HKIS评估标准》(HKIS)，2004.8 HK Institute of Surveyors a set of business valuation standards (HKBVF),2005.11 HK Business Valuation Forum ;中国大陆 1993年，中国资产评估协会成立 1994.12.30，《企业价值评估指导意见（试行）》 2007年，发布了15项评估准则（其中8项新准则） ;公司（企业）价值评估的价值类型;公司（企业）价值评估的目的;Determination of loan value Determination of insurable value “Buy-sell” agreements between or among owner of a closely held business Condemnation proceedings (eminent domain) ;Property settlements (for example, dissolution of marriage) Estate valuations (estate planning, estate tax returns） Goodwill impairment testing; Employee stock ownership plans (ESOPs) ;第二章 评估业务约定Valuation Engagement;The identity of the client, including but not limited to client’s full name, address of registered office, etc; The purpose of the valuation The subject of the valuation The interest to be valued The basis of valuation The date of valuation ;The status of the valuer and disclosure of any conflicts of interest or previous involvement; The currency in which valuation is to be expressed Any assumptions, special assumptions, reservations, any special instructions or departures The extent of the valuer’s investigations ;The nature and source of information to be relied on by the valuer Any consent to, or restrictions on, publication Any limits or exclusion of liability to parties other than the client The basis on which the fee will be calculated; and Other standardized terms and conditions ;第三章 信息收集Information Collection;Operating Date 1,The Company’s Website 2,On-site Visits 3,Meeting the Management 4,Legal Documents;External Source The Country’s Economy Local’s Economic Conditions Industry Information;利用财务报表应注意的问题;经营环境 行业 市场 （劳动力 资本、产品） 法规;公司分析与价值评估的基本步骤;第四章 经营战略分析;现有公司间的竞争 行业增长率 行业集中程度 产品差异化程度 规模经济 固定成本与可变成本比率 生产能力过剩;竞争策略分析;成本优势策略 规模经济 较高的生产效率 简单的产品设计 较低的投入品成本 较少的研发投资 注重成本控制的 组织和管理系统;第五章 会计分析;会计数据歪曲和偏差的主要来源 1，僵硬刻板的会计准则