The author illustrates the individual steps of the Monte Carlo Simulation used for business valuation by giving a simple example.
Blog
Cross-Border Buyout Pricing
The study by Benjamin Hammer, Nils Janssen, and Bernhard Schwetzler is based on a dataset of 1,149 global private equity transactions. They find that cross-border buyouts are associated with significantly higher valuation multiples than domestic ones.
Where Do You Stand on “EBITDAC” and “Voodoo” Economic Forecasts?
The article by Achille Ekeu is about the newly created accounting metric called EBITDAC (Earnings Before Interests, Taxes, Depreciation, Amortization, and Coronavirus). This non-GAAP accounting metric is used by some companies to raise more debts from lending institutions by adjusting or recasting their financial statements to account for lost earnings incurred due to the coronavirus.
COVID-19 Heat Map: Post-Crisis Credit Recovery Could Take To 2022 And Beyond For Some Sectors
Worldwide analysis by S&P Global Ratings about credit impacts of the COVID-19 pandemic for different industries.
IVSC – Paper: Opportunities for Enhancing the Goodwill Impairment Framework
The third Perspectives Paper is the final paper in its series looking at the subject of “Goodwill-Amortisation”.
The paper offers suggestions for enhancing the goodwill impairment framework in order to improve the information content.
Part 1: Is goodwill a wasting asset with a readily determinable life, or an indefinite lived asset? (Link)
Part 2: Information Value of the Current Impairment Test: Leading or Lagging Indicator? (Link)