Discounted Cash Flow (DCF) or Capitalisation of Net Income - Accounting and Finance Assignment Help

Assignment Task:

Task:

Whether you adopt Discounted Cash Flow (DCF) or Capitalisation of Net Income as your primary method will depend upon market practice for the type of property you select. Other contributing factors such as professional thoroughness of information gathering and market activity will also impinge. A DCF is required and mandatory. The Daniel Magree article in BOR 6.1d) is highly recommended for presentation purposes. A comprehensive valuation rationale, methodologies (including primary and supporting secondary check approaches) and full workings and cal-culations must be included. 

Acknowledged and detailed assistance from a private practitioner is welcomed and ideally should score higher marks. Plagiarism will however be keenly scrutinised this session. Always acknowledge persons but do not forget identifying the existence of an industry report is equally important. Please read following through carefully. 
For all intents and purposes the foregoing may be viewed as client instructions as the observant student will note that these issues must be addressed in any quality valuation report. It is left to the student to discern the most appropriate basis, purpose (insurance valuations and oncompletion valuations are however excluded), interest to be valued and valuation methodologies for the chosen subject property. Submitted reports without a properly defined purpose or a contradictory, conflicting & erroneous purpose attract very low to fail grades. Distinguish between the basis and the separate underlying reason for the valuation. Current market value is a basis and is NOT a purpose! Review Millington text, An Introduction to Property Valuation, Chapter 7 if uncertain or prescribed text Principles & Practice Ch.8. 
 

— A tenanted building with passing rents is a much better proposition for our purposes than a vacant or owner-occupied building. As per instructions we prefer existing multitenanted lease expiry profile with passing income. We recommend freehold (fee simple in possession) subject to existing leases. Assess under/over/current market situations. Valuation of a building on a vacant possession basis is undesirable and will attract discounted marks compared to a passing rental analysis scenario at the date of valuation (fully let up basis) as reversionary income will be reflected in the preferred market realistic approach

 — Ideally the subject property/building should have a business or commercial zoning. Confirm and support via appendices with planning scheme ordinance extract or LGA/consent authority land use table reference. If existing use rights apply amplify. One of the two valuation methods has to be DCF. It cannot be avoided. A secondary check method of valuation is compulsory.

— Long term ground leasehold and ACT leasehold is OK. 
 

Details 
Further clarification and discussion will be carried out in class and online. Students are expected to peruse the vUWS posted materials relating Assignment Resources e.g. Due Diligence checklist. As a valuation practioner the unit coordinator/assessor will tend to focus on: 
 

This  Accounting Assignment has been solved by our Accounting experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.