- May 28, 2020
- Posted by: Fabian Moa, CFA, FRM, CTP, AFM, FMVA, FSA Credential
- Categories: CFA, CFA Level 2
No Comments
CFA Level 2
Topic: Equity Valuation
Reading: Private Company Valuation
The Excess Earnings Method (EEM) is used to value intangible assets and small private businesses when other market approaches are not feasible.
The fair value of fixed assets and working capital is used in this method.
Find out more about the CFA Level 2 exam preparatory courses offered at Noesis. We offer face-to-face tuition classes (lecture and revision/review) in Malaysia and the Blended Online (B/O) mode for candidates from Malaysia, Singapore, and Vietnam.