A discussion on key relevant accounting and financial reporting implications related to potential asset impairments, the assessment of a company’s going concern conclusions, and stock option trends and activities, all of which are getting heightened levels of attention.
The SEC has Proposed Rule 2-a5, which will update its fund valuation guidance for the first time in 50 years, establishing a board’s responsibilities as it pertains to a fund’s determination of their investments.
The COVID-19 market dislocation could be compared, not only to the Great Recession, but also—inversely—to the “irrational exuberance” of the dot-com era.
As midstream companies consider the impact of the pandemic, their concerns range from immediate questions of intangible asset impairment to longer-term questions about structural impacts on the market.
Quick-hit visual summaries of the leading economic and financial indicators in major economic markets.
The SEC recently announced, as a response to COVID-19, they will provide temporary exemptions to BDCs to issue and sell senior securities.
Many businesses hit hard by the current economic shutdown may need to restructure through an out of court workout, a Chapter 11 reorganization, or a Chapter 7 liquidation. In all cases, an objective valuation is a key component.
“Finance executives are devoting more time and resources to determining whether they need to perform an impairment test and, if necessary, record a charge for goodwill.”
As private credit manager valuation leaders scrutinize how to optimize their internal teams, they also are leveraging technology tools and third-party service providers—both domestic and offshore—to meet the demands of scale.
Even with a massive infusion of federal funding for businesses, a rise in bankruptcies is beginning.