Valuation at the point of transfer in a season and sell transaction plays an important role in supporting consistency with fair value principles and aligning with investor expectations.
An overview of U.S. structured risk transfer market growth, private credit interest, and the valuation considerations of SRT credit‑linked notes.
The AICPA’s Cheap Stock Guide working draft introduces significant changes to valuation practices, reflecting evolving market practice.
Innovative approaches for allocating equity value among multiple security classes in complex capital structures.
FASB ASU 2022-03 clarifies the fair value measurement of securities subject to sale restrictions, distinguishing between security-specific and holder-specific restrictions to ensure more consistent and accurate valuations.
Unlock the complexities of the SEC’s Pay vs. Performance Disclosures to seamlessly navigate the regulatory landscape and set the stage for a confident proxy season.
Profits Interests are valued as options, and when estimating their fair value consider the total equity framework, including vesting interests.
Addressing the challenge of developing and supporting the expected term used in the Black-Sholes Option Pricing Model to determine fair value of grants to PEOs and NEOs.
Public company filer disclosures must provide added color on the full scope of executive compensation packages, changes in fair value of equity awards issued principal and named executive officers.
Why do public companies, private equity firms, and asset managers rely on VRC for their critical valuation and advisory service requirements?
What makes valuing venture debt investments unique compared to debt investments in more established companies?
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VRC provided a required valuation of tangible and intangible assets for a Master Limited Partnership (MLP) client in support of a purchase price allocation. There were no detailed fixed asset records; VRC needed to overcome significant data limitations.
A hedge fund client held convertible note in a company that restructured outstanding debt. As part of restructure, the note was exchanged for two separate Term Loans.
The valuation challenge with a hybrid security is to consider both the equity and debt components in a combined framework – this challenge is not without its tradeoffs.
Ahead of an uncertain 2018, senior VRC professionals provided their insights regarding trends in accounting, valuation, taxes and other industry practices.
A brand valuation that estimated the fair value of intangible assets acquired in a business combination was needed by a personal care product company for the sale of its branded and private label products.
A technology company was purchased by large private equity investor. With the purchase price set, the new entity was capitalized with debt and three different types of equity securities.
Valuations for complex instruments such as options, warrants, convertible bonds, contingent consideration, preferred & common stock
An industrial property consisting of various manufacturing machinery & equipment was a candidate for an ad valorem tax reduction.
In order to comply with Accounting Standards Codification 815 (ASC 815), an early stage pharmaceutical company asked VRC to analyze the entire convertible callable note and determine the fair market value of each of the embedded derivatives.
An overview for corporate accounting professionals of Credit Valuation Adjustments and five common misperceptions about them.
Family offices making private equity investments need to be aware of valuation issues related investments in complex structures.
A Monte Carlo Simulation is a technique is often used to find fair value for financial instruments for which probabilistic distributions are unknown.
Share-based payments have led to boardroom creativity around an equity incentive award’s design, prompting developments in valuation approaches.
Companies seeking lower interest costs particularly as firms refinance maturing debt, convertible notes offer alternatives to straight debt securities. However, they come with complex valuation requirements.
In receiving value only if a threshold is met, carried interests have an asymmetric payoff similar to a stock option.
A shareholder of a closely-held hedge fund was not receiving the appropriate level of compensation per agreement with the controlling interest shareholder.
Nuanced securities typically contain options and market conditions that alter cash flows over the life of the security and raise valuation challenges.
Property taxes were levied on only real property portion of a hospital, key to analysis was separating the value of the business ops from that of real property.
A leading manufacturer of branded food products engaged VRC to estimate the fair value of certain intangible assets acquired in a business combination.
To value profits interests, the economics of the equity capital must be clearly incorporated into the valuation.
Embedded derivatives require valuation at issuance and revaluation at all subsequent quarters with changes in value reported in earnings (non-cash).
The backsolve method derives from a timely transaction in a private company’s equity.
A leading international producer of nitrogen products acquires a nitrogen manufacturing company requiring a valuation for allocation of purchase price according to ASC 805.
We were retained by a leading provider of wireless messaging and information services to provide various valuation services for reorganization under Chapter 11 of the U.S. Bankruptcy Code.