Value a business

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver CPPDSM5038A, 'Value a business'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Value a business' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

1Obtain, interpret and confirm instructions.

1.1 Client requirements and instructions are discussed and clarified according to legislative, industry andagency requirements.

1.2 Assignment plan that best meets client valuation requirements is identified, determined and implemented.

1.3 Fees are determined and negotiated with the client according to industry and agency requirements.

1.4 Instructions are confirmed with the client according to agency requirements.

1.5 Advice is prepared and provided to other enlisted professionals involved in the valuation process.

2Conduct research on business.

2.1 Information sources are identified and used to ensure that reliable data and advice are accessed.

2.2 Current market data and trends relative to the business are identified and analysed to assist in determining a fair and realistic valuation figure.

2.3 Apparent or potential conflictsin collected information are identified and accounted for in preparation for valuation.

2.4 Agency and industry legal and ethical requirements are adhered to in the process of gathering information and preparing for valuation.

3Inspect business and premises.

3.1 Business and associated premises are fully inspected according to assignment plan and relevant industry practice standards.

3.2 Assignment plan and relevant documentation are referred to as required to ensure accuracy of inspection.

3.3 Inspection is documented and appropriately filed for future reference according to industry and agency requirements.

3.4 Relevant enquiries are made and discussions with key personnel are documented according to industry and agency requirements.

3.5 Actual characteristics of the business and premises are cross-referenced against other available data and inconsistencies are noted.

4Conduct valuation.

4.1 Internal and external analysis and risk assessment for the identified business are conducted.

4.2 Accepted valuation methodology suitable to the business type and available information are selected and applied.

4.3 Assumptions are made in the valuation process that are justified in terms of accepted valuation and ethical practices.

4.4 Historical records are normalised through adjustment of discretionary, non-operational and non-recurrent items.

4.5 Future profitability of the business is assessed using all available information and identifiable variables.

5Complete valuation and deliver to client.

5.1 Valuation calculations are reconciled to arrive at a final valuation conclusion and recorded according to agency and client instructions.

5.2 Records and documentation needed for verification purposes are retained or identified for future access according to client, legal and agency requirements.

5.3 Report is prepared in an acceptable format highlighting valuation findingsand rationale and where appropriate, provides constructive advice for future valuations.

5.4 Areas for improvement in valuation processes are identified and communicated to relevant agency personnel.

5.5 Report is delivered to the client according to the assignment plan and agreed timeframes.


Qualifications and Skillsets

CPPDSM5038A appears in the following qualifications:

  • CPP50409 - Diploma of Property Services (Business Broking)