“CEV VALUERS CLUB UNVEILS EDUCATIONAL VIDEO ON OBSOLESCENCE IN VALUATION FOR IBBI EXAMINATION“
New Delhi, January 3, 2025 – CEV Valuers Club, a prominent educational platform for business valuers in India, has released a comprehensive YouTube video designed to help candidates prepare for the Insolvency and Bankruptcy Board of India (IBBI) Valuation Examination. The video focuses on one of the most crucial yet complex aspects of asset valuation: obsolescence.
Obsolescence, a key factor in determining the fair value of an asset or business, can manifest in multiple forms: functional, technological, and economic. Understanding how to account for these variations is vital for any professional valuing distressed assets or businesses.
The video delves into the following categories of obsolescence:
- Functional Obsolescence: This occurs when an asset’s functionality or efficiency diminishes due to newer models, designs, or systems that offer improved performance.
- Technological Obsolescence: Here, assets become outdated due to rapid advancements in technology. This is particularly relevant in industries like electronics and software.
- Economic Obsolescence: This form of obsolescence is driven by external economic factors such as shifts in market demand, regulatory changes, or overall economic downturns that affect the asset’s value.
According to industry experts, the video is an essential resource for candidates looking to master valuation techniques, especially when considering the impact of obsolescence in distressed scenarios. “The methods discussed in this video not only help with exam preparation but also provide practical insights for valuers handling real-world asset evaluations,” said the head of CEV Valuers Club.
The video is expected to be a valuable educational tool for professionals across sectors, particularly those involved in business valuations, insolvency processes, and distressed asset management. Viewers can access the video on YouTube by visiting the CEV Valuers Club channel.
