Financial Reporting

Financial Reporting

ValueScope's valuations meet the requirements of United States and international reporting authorities.

Determining the fair value of intangible and tangible assets as well as reporting units is an important process every company must fully understand to comply with the requirements of ASC 805, 350 and 360 and IFRS 3. The implementation and interpretation of these accounting standards are constantly in flux, requiring companies to engage an independent valuation firm with experience in providing valuation opinions for financial reporting purposes.

ValueScope's specialists are experienced and trained in current valuation issues involving U.S. and international financial reporting standards related to purchase accounting and impairment testing. We combine our understanding of auditor and Securities Exchange Commission (SEC) expectations with our knowledge of financial reporting valuations to assist national and multi-national organizations from virtually every industry. Regardless of the complexity of a client's matter, our team of professionals provides thorough valuations within a minimal amount of time.

ASC 805 and IFRS 3

Drawing upon our intangible asset expertise, our specialists estimate the fair value and remaining useful life of a wide array of intangible assets for ASC 805 and IFRS 3 purposes, including:

• Patented technology and proprietary know-how
• Trademarks and trade names
• Trade secrets
• Customer relationships
• Software
• In-process research and development
• Contracts
• Non-compete agreements
• Databases
• Core deposits
• Licensing and royalty agreements
• Communications licenses
• Reserves
• Backlog

Our team of dedicated tangible asset valuation specialists has broad industry expertise and provides detailed valuations of a company's property, plant and equipment.

Goodwill Impairment Testing

ValueScope's valuation specialists work with companies to assess their goodwill for impairment annually or more frequently, if circumstances warrant. We also provide assessments of impairment loss, where applicable.

Independent, Objective Expertise

The importance of reliable, independent expertise has never been greater. As an independent provider of valuation services, we are free of the conflict of interest and independence issues that often challenge public accounting firms.