Charles Sapnas Featured in Accounting Today: FASB Clarifies Definition of a Business
“The distinction between an asset purchase and a business combination can make a difference to a company’s financial reporting.”
Edward Hamilton Featured in Accounting Today: Best Practices for Valuing Contingent Consideration
Hamilton also shares examples to highlight current best practices using an option-based approach based on financial metrics such as revenue or EBITDA.
Michael Mathieson Featured in Compliance Week: Add Tax to the Growing List of Revenue Recognition Crises
The article further discusses that the IRS has issued a request for comment on whether it should revise its procedures for granting permission to tax accounting methods.
Business Valuation Update: FASB Changes to Revenue Recognition and Lease Accounting
As featured in BVU, FASB changes to revenue recognition and lease accounting and the impacts valuation professionals should be considering.
Five Misperceptions: Credit Valuation Adjustments in Swap Valuations
An overview for corporate accounting professionals of Credit Valuation Adjustments and five common misperceptions about them.
Optimal Number of Trials for Monte Carlo Simulation
A Monte Carlo Simulation is a technique is often used to find fair value for financial instruments for which probabilistic distributions are unknown.
ESOP: An Exit Opportunity for Professional Service Firms
VRC performs fairness opinions in connection with newly forming ESOPs and annual ESOP valuations.
Valuation Issues in Australia
Australian financial reporting is based on IFRS. The Australian Accounting Standards Board (AASB) has issued AASB standards mirroring IVS with a few very minor changes.
International Case Study: Valuing Distressed Energy Assets
In 2015, oil prices plummeted, which had a profound effect on the value of oil & gas and energy companies.
Valuation Q&A for Business Development Companies
Once we understand the investment thesis and portfolio, VRC focuses on their valuation process.