Some of the most significant financial consequences of the novel coronavirus will be seen in both current and coming company disclosures.
Webcast Replay: What valuation impacts are companies feeling as a result of the market and economic disruptions created by the COVID-19 pandemic?
How have in-house tax executives transitioned valuation considerations to mission-critical?
Where is the FASB going to land on the issues around accounting for goodwill?
Effect of virus to show in risk factors, revenue, goodwill impairments, other financial reporting areas.
Patel: In today’s environment where companies are more intangible asset-based rather than tangible asset-based, there’s probably an evolution that needs to happen in terms of how you value inventory.
Registration is now open for VRC’s upcoming webinar: Learning the Language of Earnouts on March 24.
Where does the distributor method sit in the cannon of business valuation thought?
Patel: We’ve seen constant change around goodwill in the past few years.
New guidance from FASB continues to grow in complexity, and in 2019 that translated to noticeable bandwidth effects on financial reporting professionals.