Goodwill Hunting: Elimination of Step 2 & the Implications for Public Companies

The FASB has sought to simplify the accounting for goodwill impairment for several years.

FASB Issues Accounting Standards Update Clarifying the Definition of a Business

Within the ASU guidelines, there are two main thresholds to determine if an entity is a business.

Best Practices for Valuing Contingent Consideration

VRC continues to see many transactions where contingent consideration has been present.

Preparing for FASB Changes to Revenue Recognition and Lease Accounting

FASB guidance addresses inconsistency and weakness in existing revenue recognition and lease accounting requirements.

All in the Family (Office): Valuation Needs for Direct Private Equity Investments

Family offices making private equity investments need to be aware of valuation issues related investments in complex structures.

Can Your Business Have a Range of Value?

Did you realize that your business has multiple values at the same time?

What’s Behind the Proliferation of Unicorns?

What seems apparent is that validations of valuation have made unicorns look more like a herd of Uber drivers in San Francisco.

Understanding and Valuing S Corporations

The most significant court case was probably Gross vs. Commissioner, which held that an S-Corp has a tax rate, but that tax rate was zero.

Distributor Method: An Alternative Technique for Valuing Customer Relationships

A point often overlooked is that customers usually purchase products or services because of the presence of intellectual property, not a relationship.

Valuing Carried Interests

The asymmetric nature of carried interests requires the consideration of a range of scenarios.