Bharat's Comprehensive Guide to Valuation Examinations – Asset Class: Securities or Financial Assets by B. D. Chatterjee (4th Edition 2027)

Bharat Law House publishes the Fourth Edition (2027) of B. D. Chatterjee's Comprehensive Guide to Valuation Examinations for the Securities or Financial Assets asset class — a single 1,256-page volume written to the syllabus prescribed by the IBBI for examinations with effect from 21 August 2026.

The Registered Valuer Examination conducted by the Insolvency and Bankruptcy Board of India is the gateway to registration as a valuer under the Companies (Registered Valuers and Valuation) Rules, 2017. It is an objective paper drawn from a wide and unusually mixed syllabus — macroeconomics, accounting standards, statutes, valuation theory and numerical application all in one sitting. This book is built to carry a candidate through the whole of it without a second text.

Key features

• 2,000+ Multiple Choice Questions across the full syllabus.
• IBBI Sample Question Paper, reproduced for pattern familiarity.
• Mock test papers — ten practice test papers in the body, plus a model question paper and two further mock examination papers in the appendices.
• Valuation-related checklists for use in practice as well as in the examination.
• 30 case studies and worked numerical problems.
• Written to the revised IBBI syllabus effective 21 August 2026.
• Appendices carrying a Comprehensive Formula Handbook, a Valuation Method Selection Guide and Decision Matrix, a Registered Valuer's Professional Engagement Toolkit, a Financial Ratio Analysis and Valuation Metrics Handbook and a Glossary of Important Valuation Terms.

Contents

1. Macroeconomics — economic analysis and the macro environment in which value is determined.
2. Finance and Financial Statement Analysis — ratio analysis, cash flows and the reading of accounts for valuation.
3. Professional and Business Ethics and Standards.
4. Contemporary Statutes Applicable to Valuation — the Companies Act, SEBI regulations, FEMA, the Insolvency and Bankruptcy Code and the income tax provisions bearing on valuation.
5. Financial Reporting under Indian Accounting Standards (Ind AS) — including fair value measurement.
6. Overview of Valuation — purpose, premise, standards of value and the valuation process.
7. Valuation Approaches — the income, market and cost approaches, and discounted cash flow.
8. Valuation Application.
9. Standards and Guidelines — including the International Valuation Standards and the ICAI Valuation Standards.
10. Valuation of Fixed Income Securities and Financial Instruments.
11. Valuation of Intangible Assets.
12. Situation-Specific Valuation — start-ups, distressed businesses, mergers and demergers.
13. Judicial Pronouncements on Valuation.
14. Case Studies on Valuation.
15. Practice Test Papers.

Followed by Appendices 1A to 1E (formula handbook, method selection guide, engagement toolkit, ratio and metrics handbook and glossary), the Model Question Paper, and two Mock Examination Practice Papers.

Who should buy this book

• Registered Valuer aspirants sitting the IBBI Valuation Examination for the Securities or Financial Assets asset class.
• Chartered Accountants, Company Secretaries and Cost Accountants adding valuation to their practice.
• Insolvency professionals and those working on resolution, liquidation and restructuring mandates.
• Finance professionals, analysts and investment bankers who need a structured reference on Indian valuation standards and practice.
• Registered Valuer Entities, RVO training bodies and institutional libraries.

About the author

B. D. Chatterjee is FCA, ACMA, ACS and holds the Diploma in IFRS from the ACCA (UK). He is a widely published author on valuation, financial reporting and corporate finance, and writes this guide from the standpoint of both the examination and professional practice.