‘Biz needs to focus on maximising its valuation’
   Date :20-Apr-2021

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Business Bureau :
 
THE Institute of Cost Accountants of India, Nagpur Chapter had recently conducted a webinar on ‘Citadels of business valuation’. CMA Anil B Verma, Chairman of Nagpur Chaper welcomed the speaker and participants. The programme was inaugurated by CMA Shriram Mahankaliwar, Regional Council Member (RCM), WIRC. In the session, CMA Nitin Alshi spoke on the topic ‘Citadels of Business Valuation’. He said, “Business needs to focus on how its valuation can be maximised”. “Every business needs to know it’s worth at any point in time. Valuation is an essential tool for a business owner to assess, including both opportunities and opportunity costs as it provides the owner with multiple facts and figures regarding the actual worth or value of the business,” he pointed out. Business policies and procedures, management effectiveness, business risks and financials along with other areas like strong internal controls and quality of assets etc., have major impact on valuations, he said.
 
He also discussed various principles and purposes of valuation. Business must be emphasised on value drivers, he said, while discussing ‘Valuation maximisation strategies for businesses’. Earlier, Chairman of the Nagpur Chapter CMA Anil B Verma said, “Business valuation is very vast and technical subject and CMAs should come forward and do practice in business valuation”. Regional Council member, CMA Shriram Mahakaliwar highlighted the importance of valuation of assets, tangible as well as intangible. The webinar was attended CMA P V Bhattad, past President, CMA VVS Murty, Secretary, CMA Srihari Chava, CMA Vivek Chavan, CMA Jayant Pimpalgoankar, CMA Jyotsna Rajpal, CMA Aditi Sontakke, CMA Fareed Badar and other dignitaries in large numbers. CMA Renu Kulkarni co-ordinated the webinar and proposed the vote of thanks.