Course Description

Building the right portfolio is tough! You have a limited budget and a seemingly endless number of stocks to choose from. How do you spot undervalued stocks in the market and know which ones should be added to the portfolio? In this class, we will discuss common methods for approaching stock valuation. We will discuss how valuation can vary based on the perspective of the investor, and what assumptions go into discounted cash flow models. We will also show where each model is most useful and where they fall short.

Learning Objectives

  • State different ways to define value

  • Recognize single-period and multi-period intrinsic valuation models and when to use both

  • Identify limitations of intrinsic valuation models

Additional Required Materials

  • Level: Overview

  • Field of Study: Specialized Knowledge (NASBA); Investment Planning (CFP)

  • Who Should Attend: Financial advisors and CFOs who advise on investment and portfolio issues for clients.

  • Required Knowledge: Basic understanding of economics and finance

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.