Oceňování 2020, 13(1):3-14 | DOI: 10.18267/j.ocenovani.243

Valuation of financial institutions in the light of International valuation standards

Milan Hrdý

Doc. JUDr. Ing. Milan Hrdý, Ph.D. - docent na Katedře financí a oceňování podniku Fakulty financí a účetnictví VŠE Praha

The aim of the paper is therefore to assess whether the proposed Czech Valuation Standards for Financial Institutions (CVSFI) are in line with the basic principles and procedures of the International Valuation Standards (IVS), which would increase their relevance, seriousness and explanatory power. For the purposes of fulfilling the goal of this paper, the methodology of IVS and ČOSFI analysis and their comparison with the subsequent synthesis of the acquired knowledge into the relevant conclusions will be used. This target was met and a brief analysis and subsequent comparison of the findings revealed that CVSFI fully complies with the concept and intentions of IVS and are fully compatible with them, both in terms of valuation purpose and used valuation methods, market comparison, property valuation and valuation of intangible and financial assets, which only confirms their adequacy and usability. The only area that still needs to be worked on is the strengthening of territorial influences in the Czech Republic and also the reflection of the influence of inflation in the selected areas.

Keywords: Valuation; Financial Institutions; International Valuation standards; Czech Valuation Standards

Grants and funding:

Článek byl zpracován s využitím prostředků institucionální podpory na dlouhodobý koncepční rozvoj vědy a výzkumu na FFÚ VŠE IP 100040.

JEL classification: G20

Published: October 7, 2020  Show citation