New Delhi: Corporate Professionals, an integrated legal and financial solutions provider today launched a book titled ‘Business Valuation in India – beyond the numbers’ which will serve as a one stop repository for all valuation needs.
The book was launched at the Business Valuation Summit-2018, Mumbai by the Chief Guest Shri G.N. Bajpai, Former Chairman – SEBI. Also, present on the occasion were Mr. Makarand Lele, President, ICSI, officials from the International Valuation Standards Council (IVSC) and International Institute of Business Valuers (iiBV).
On the occasion, Mr. Pavan Kumar Vijay, Founder, Corporate Professionals said, “Business valuation is a practice followed for over 6 decades now in India. However the choice and application of valuation approaches and methodologies have significantly changed in the last decade as regulatory and financial reporting have increased significantly. We are extremely delighted to launch the first ever comprehensive book on the subject, which will sensitize the valuers about the various fundamentals of valuation process and provisions as introduced under the law”.
Talking about the book Mr. Chander Sawhney – Partner – Valuations, Corporate Professionals said, “We have come out with this book keeping in mind the need of any valuer including an aspiring valuer. The book focuses on the fundamentals of Valuation and guides a valuer what all he needs to know, ask the client, where to find such information, how to analyze, understand, validate, report and document. This book is comprehensive and customized for the Indian environment and would help valuation professionals in exploring and aligning the academic and practical wisdom of Valuations”.
Today ‘Valuation’ in an evolving economy like India, is a niche profession with a rousing need to standardise the divergent valuation practices. It has led to the requirem