BV203 OnDemand: NEW! Introduction to Business Valuation - Asset-Based Approach, Discounts and Diverse Practice Areas

General Information

This OnDemand course offers students convenient 24/7 online access to instructional modules via "My Education Dashboard" immediately following registration. 

Experience our fully revamped course, packed with practical applications, real-world scenarios, and interactive features, including:

• Immersive Learning Experience
• Revamped Course Structure
• Engagement-Focused Delivery
• Narrated instructional modules, self-paced reading, and video content
• Downloadable PDF course handouts and additional reading materials
• Practice knowledge checks to reinforce learning

The course curriculum is followed by a final exam that must be completed within 90 days of purchase. An additional 90-day extension is available upon request by contacting education@appraisers.org (a non-refundable fee applies). The final exam is multiple-choice, securely administered online, and remotely proctored. Final exam scheduling information will be available after all course modules are completed and can be found in the NEXT STEPS section. If you have any questions or concerns, please contact education@appraisers.org. Once the course and downloadable materials have been accessed, the course is non-refundable. For more course information on course cancellation, transfers or refunds, refer to ASA's education Policies, Procedures, and FAQs.

ASA-accredited members (AM, ASA, FASA) can sign up for this course at a 50% discount, which will be automatically applied at checkout.

Course Requirement

The Valuing a Business, 6th Edition Book is required for the BV Principles of Valuation courses (BV201-BV204) and can be purchased as an electronic pdf copy, or hard copy via the ASA Shop.

Continuing Education and Contact Hours

28.8 ASA CE Instructional Hours and 3 Exam Hours | CPE hours are not awarded for this offering.

Course Description

Brand New OnDemand Course – Immersive, Engaging and Dynamic

BV203 builds upon the valuation foundations introduced in BV201 and BV202, expanding into more advanced topics, including those that vary in practice. In this course, students will learn when and how to apply the Asset-Based Approach, including considerations related to built-in tax issues and relevant court cases. They will explore the application of various discounts, such as those for lack of control, lack of marketability, and control premiums, among others. Through case studies, students will study the valuation of Family Limited Partnerships (FLPs), Limited Liability Companies (LLCs), and Promissory Notes. Additionally, the course emphasizes the most effective techniques for reconciling values and crafting well-documented, clearly written valuation reports.

Instructional Methods

Methods include integrated videos, animations, and interactive tools that bring concepts to life.

Course Audience

BV203 is one of four Principles of Valuation (POV) courses required for those seeking a credential with ASA. In addition, this course is of interest to accountants, attorneys, business brokers, investment bankers, Internal Revenue Service staff and the appraisal community at large who are involved and/or interested in the valuation of businesses.

Learning Level 

Fundamental 

Upon completion of this course, students will be able to:

• Learn to apply the asset approach;
• Understand and apply different discounts and premiums;
• Reconcile values from the income and market approach;
• Write reports that illustrate the most contentious valuation topics, much more.