USPAP Statement Number 2 on discounted cash flow analysis mandates that appraisers check the results of DCF analysis for errors and reasonableness.

How does an appraiser go beyond checking that the DCF analysis is market-supported and determine that it is reasonable?

This session will be presented in two parts. In these sessions, you will learn a variety of methods and will be exposed to situations designed specifically for reviewing a discounted cash flow analysis for reasonableness. Topics will also include factors that influence DCF results, practical tools and methods used to test cash flow models and performing DCF valuation analysis.

Type
General

Equipment Required
HP-19BII, HP-17BII, HP-12C, or equivalent calculator

State Certification
This session is approved 2 hours of AI continuing education credit. State Certification credit pending.