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Preparatory Course for the Chartered Valuer and Appraiser (CVA) Programme Module 3: Valuation for Transactions – Bangkok

  • Finance & Investment
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  • This module is part of Preparatory Course for the Chartered Valuer and Appraiser (CVA) Programme – Bangkok

This programme is conducted in-person in Bangkok.

Note: This CVA programme is open for CVA candidates who are residing in Bangkok. 

To sign up for the SMU preparatory course, you must first successfully apply as a CVA Programme candidate with the Institute of Valuers and Appraisers, Singapore. Apply to be a CVA Programme candidate here.

Next course starts on
To be advised
Fee
SGD2,000.00* Learn More
Duration

4 days
Weekdays (9am - 5pm, In-person)
Weeknights (9am - 5pm, In-person)

Level
Advanced

Who Should Attend

  • This preparatory course is designed for CVA Programme candidates who seek additional learning support in preparing for the Module 3 examination.

Admission Requirements

Only CVA Programme candidates may apply for the SMU preparatory course.

Apply for CVA Programme

Apply to become a CVA Programme candidate with IVAS. Apply here.

Register for Module 3 Examination

Once accepted into the CVA Programme, register directly with IVAS for your Module 3 examination. You will receive an email with registration instructions.

It is recommended to register for your Module 3 examination first to receive the official IVAS learning materials before starting the preparatory course.

Note: The CVA curriculum comprises five modules and offers you flexibility in completing the first four modules (Module 1 to Module 4). You can take Module 1 and Module 2 in any order or simultaneously, before proceeding to Module 3 and Module 4. You must pass Module 1 to Module 4 before taking the Capstone Module, which is case-based and application-focused.

Overview

Module 3 – Valuation for Transactions – Bangkok

This module focuses on the application of valuation in transaction contexts, equipping participants with the skills to analyse and compare different types of valuation, including open market versus notional, and public versus private company shares.

Learners will apply International Valuation Standards and leading guidelines such as the IPEV and Intangible Assets valuation frameworks, while gaining hands-on practice with the three core approaches — market, income, and asset-based — and their associated methodologies. The module also explores the technical and practical challenges of each approach, highlighting their advantages, limitations, and appropriate use. In addition, participants will examine the principles underpinning valuations in both public and private company contexts, including regulatory considerations, discounts, and premiums, preparing them to deliver robust and defensible valuations in real-world transactional settings.

 

Programme Partner

IVAS - Institute of Valuers and Appraisers, Singapore | LinkedIn
About the Chartered Valuer and Appraiser Programme

The Chartered Valuer and Appraiser (CVA) Programme is a comprehensive certification programme designed for professionals looking to build or advance their career in business valuation.

What Sets the CVA Programme Apart

Internationally benchmarked standards – Built upon competency, ethical, and professional standards established by the International Valuation Standards Council (IVSC), the global standards setter for valuation.

Industry-developed curriculum – Created through extensive consultation with senior practitioners from Accountancy, Banking, Legal, and Investment Management sectors.

Practical, market-focused approach – Integrates comprehensive technical knowledge with real-world experience through insights from industry experts and case studies focused on Asian and emerging markets.

 

Learning Objectives

At the end of the 4-day module, participants will be able to:

  • Compare and contrast open market and notional valuation, share market and corporate valuation as well as public listed and private companies’ shares
  • Implement International Valuation Standards and guidelines, including the International Private Equity Valuation (IPEV) and Intangible Assets valuation guidelines, used for the conduct of business valuation for transactions
  • Implement various valuation approaches to the valuation of business and equity, covering in depth: the market, income and asset-based approaches, their relevant methodologies as well as the valuation parameters associated with them
  • Identify the various technical and practical issues involved in the application of the various valuation approaches and methodologies, and the pros and cons of adopting such approaches and methodologies when conducting business valuation
  • Identify the principles behind the valuation of public listed companies, understand its context, including securities and exchange regulations on business valuation carried out in the public domain
  • Identify the principles behind the valuation of private companies, understand its context, including the types of discounts and premium and the circumstances that warrant their application

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises. 

Participants are required to attain a minimum of 75% attendance and pass the associated assessment for each of the modules in order to be awarded a certificate of completion for each module issued by SMU Academy.

Fee Table

 

MODULE 3

Course Fee

$2,000.00

Please note that the programme fees are subject to change without prior notice.

Intake Information

Next Intake: To be advised

Intakes are held twice a year.

Trainers

Eric Teo
Affiliate Faculty
Singapore Management University
Eric Teo
Affiliate Faculty
Singapore Management University

Eric Teo is the founding chairman of the Institute of Valuers and Appraisers of Singapore (IVAS) Council and the International Valuation Standards Council (IVSC) Membership and Standards Recognition Board. A seasoned valuation professional with over 30 years of experience, he is also active in academia, serving as Adjunct/ Associate Professor and faculty at several local universities. 

Eric has served as a consultant to regulators and institutions in Singapore and the region, and has conducted training to organisations including the Accounting and Corporate Regulatory Authority (ACRA), Inland Revenue Authority of Singapore (IRAS), Institute of Singapore Chartered Accountants (ISCA), Singapore Academy of Law (SAL), and Hong Kong Institute of Certified Public Accountants (HKICPA). 

He is currently Senior Consultant with the Business Valuation & Advisory practice at Savills and was formerly the Head of the practice in Southeast Asia. Prior to this, he was an Executive Director with Ernst & Young (EY) in both Singapore and Australia. He was a founding member of EY Global Valuation & Business Modelling (VBM) Network’s Technical Standards Group (TSG) and had served in the Steering Committee and led the EY Asia Pacific VBM TSG from 2012 to 2015. 

At present, Eric is a Director of IVSC Asia Ltd and continues to serve in IVAS as a Member of both the Learning and Assessment and Professional Development Working Groups. He also a Senior Quality Assurance Advisor of ISCA Quality Assurance Review Panel and a Member of Copyright Tribunals, appointed by Ministry of Law, Singapore.

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