| Area: | School of Economics and Finance |
| Credits: | 25.0 |
| Contact Hours: | 3.0 |
| Lecture: | 1 x 3 Hours Weekly |
| Syllabus: | The valuation process as it relates to small businesses. Case studies of a variety of business valuations. The five basic approaches to business valuations. Adjustments of income and balance sheets for valuation purposes. Collection and analysis of business sales evidence. |
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| Unit Outcomes: | On successful completion of this unit students will have gained understanding of the nature of small business and what constitutes their value. Developed an ability to interpret income statements and balance sheets of small businesses with understanding of how to adjust them for business valuation purposes. Gained understanding of the principles and methods of conducting a valuation of a business or a special purpose property, and the skill required to carry out the valuation of a business or special purpose property. |
| Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information. |
| Unit References: | Pratt, S.P. (1998). Valuing Small Businesses and Professional Practices. 3rd ed. Sydney, McGraw-Hill. |
| Unit Texts: | A..I.V.L.E. (1997). Valuation Principles and Practices: Australian Institute of Valuers and Land Economists. ACT. |
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| Unit Assessment Breakdown: | Continuous Assessment 50%. Examination 50%. This is a grade/mark assessment. |
| Year | Location | Period | Internal | Area External | Central External | | 2004 | Bentley Campus | Semester 1 | Y | | | | 2004 | Bentley Campus | Semester 2 | Y | | | |
