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Valuation of Preferred Stock—A Case Study of Recapitalization of Closely Held Businesses(336Q) |
Course CPE: 1 hour Field(s) of Study: Taxes–1 hr Program Level: Intermediate Prerequisites: Previous training or research on subject matter being taught. Such persons are often at a mid-level within the organization, with operational and/or supervisory responsibilities. Advanced Preparation: None Delivery Method: QAS Self-Study |
Item
Number: 19BV0607VPS
Shipping Weight: 0lbs. 0oz. |
Price:
$99.00 |
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Recording Date: June 7 2019
Presenter: Garth Tebay
Program Description:
Valuing Preferred Stock, presented by Garth M. Tebay, provides an in-depth exploration of the methodologies and factors involved in the valuation of preferred stock in closely held businesses. It begins by discussing the context of Revenue Ruling 83-120, which provides guidelines for the valuation of common and preferred stock for gift tax and other purposes. The course covers different types of preferred stock, including cumulative, noncumulative, participating, and convertible preferred stock, and discusses their characteristics, such as dividend rights, liquidation preferences, and voting rights. It also examines various factors influencing the valuation of preferred stock, such as net worth, prospective earning power, capacity to pay dividends, and dividend yield. Through a combination of theoretical concepts and practical examples, including a detailed case study, the course aims to equip participants with the skills necessary to accurately assess the fair market value of preferred stock?
After completing this course, you will be able to:
- Recognize the Types of Preferred Stock
- Recognize what Revenue Ruling 83-120 is and how it enhances the valuation process for preferred and common stock in closely held businesses
- Identify and assess the key factors affecting the valuation of preferred stock, such as net worth, earning power, dividend coverage, and liquidation preferences
- Identify various valuation methodologies, including market, income, and asset-based approaches, to determine the fair market value of preferred stock
- Identify the practical challenges and considerations in valuing preferred stock?
- Determine a company's ability to meet dividend payments and liquidation preferences, using ratios such as the Fixed Charge Coverage Ratio and Liquidation Coverage Ratio
For more information regarding refund or concerns, please contact our offices at (800) 677-2009.
The Consultants’ Training Institute (CTI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
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