As we all know that ICAI Registered Valuers Organisation is committed towards development of the valuation profession for the Asset Class- Securities or Financial Assets.

The role of the valuation professionals has become dynamic and they are required to sharpen their skills and perform their duties with due diligence and to abide by the Code of Conduct prescribed by ICAI Registered Valuers Organisation.

ICAI Registered Valuers Organisation in this direction is taking steps for guiding and helping the professionals alongwith the Valuation Standards Board of ICAI.

Valuation of a business requires understanding and analysis of various complex factors and has a major impact on all type of businesses whether big or small.

As we all know that the valuation assignment is distinctive and there are no uniform practices that are being adopted by the valuers in carrying valuation. So, tailoring a valuation about the most suitable and appropriate procedures to be relevant to each assignment is somewhat a very technical issue.

There are questions and queries in the minds of valuers on the understanding of Companies (Registered Valuers and Valuation) Rules, 2017, suitability and application of method of valuation etc. The Institute has been continuously undertaking several initiatives to support the newly regulated valuation profession as well as to create awareness amongst all related stakeholders for giving more clarity.

 Valuation Standards Board and ICAI Registered Valuers Organisation bring out the publication “Frequently Asked Questions on Valuation”, with the aim to provide answers to some practical issues being faced by stakeholders.

Contents

Chapter 1 Registered Valuer concept as per Section of the Companies Act 2013 and Rules thereunder

Chapter 2 Registered Valuers Organisation

Chapter 3 Introducing Valuation

Chapter 4 Valuation Report

Chapter 5 ICAI Valuation Standards 2018

Chapter 6 Financial Ratios

Chapter 7 Penal Provisions

Chapter 8 Important Judicial Pronouncements in Valuation

Appendix A Section 247 of the Companies Act, 2013 as on 31.01.2019 Appendix B Companies (Registered Valuers and Valuation) Rules, 2017

Appendix C A Sample Valuation Report

Appendix D A Sample Engagement Letter

Appendix E Illustrative List of Assumptions and Limiting Conditions

Appendix F A Sample Management Representation Letter

Download ICAI Publication on FAQs on Valuation

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