Business development companies, or BDCs, represent a growing class of relatively large, closed-end, SEC-registered funds.
Nuanced securities typically contain options and market conditions that alter cash flows over the life of the security and raise valuation challenges.
A prudent investor will either implicitly or explicitly consider FO in the determination of a purchase price for the entire business.
Regardless of which accounting standard gives rise to deferred revenue, the valuation challenge is defining the performance obligation.
Restaurants continue to be attractive targets for financial sponsors and strategic acquirers
To value profits interests, the economics of the equity capital must be clearly incorporated into the valuation.
The Guide discusses the application of various valuation techniques appropriate for IPR&D.
Amid controversy, the FASB endorsed the first two accounting alternatives approved by its Private Company Council (PCC).
When valuing a business, determining the control premium is a significant, and often controversial, issue.
Embedded derivatives require valuation at issuance and revaluation at all subsequent quarters with changes in value reported in earnings (non-cash).