Valuation: Objective, Independent Assessments of Value to Fulfill the Most Complex Financial Reporting and Tax Requirements

By: Duff And Phelps  09-12-2011
Keywords: Financial Accounting, financial instruments, Accounting Standards

When companies require an objective and independent assessment of value, they look to Duff & Phelps.

Duff & Phelps finance and accounting expertise, combined with its use and development of sophisticated valuation methodologies, fulfills even the most complex financial reporting and tax requirements. They constantly monitor changing regulations and consistently provide input to the Financial Accounting Standards Board as it develops implementation guidance and new financial reporting rules with valuation implications. Also, Duff & Phelps performs tax valuations and related consulting in accordance with the regulations and guidance established by the Internal Revenue Service and other taxing authorities. Duff & Phelps valuation opinions are fully defensible and documented to withstand scrutiny from the SEC or other regulatory bodies.

On 12 May 2011, the International Accounting Standards Board (IASB) issued IFRS 13 Fair Value Measurement.

The article entitled "Valuing Contingent Consideration under IFRS 3 (revised), Business Combinations" discusses the issues and implications for CFOs and transaction teams in connection with financial reporting requirements for business combinations.

The 2009 AICPA National Conference on Current SEC and PCAOB Developments held on December 7 - 9, 2009 in Washington D.C. brought together regulators, standard setters, auditors, preparers and users of financial statements, and other constituencies in a discussion of the current issues and hot topics in financial reporting. The highlights provide Duff & Phelps' observations on the key valuation takeaways that affect fair value measurements, impairments and disclosures, and other related topics.

This webcast discusses topics arising when converting from US GAAP to IFRS in the context of convergence, early adoption or mandatory adoption of IFRS.

Duff & Phelps managing directors Lynne Weber and Rick Schwartz discuss issues and implications for CFOs and the transaction team when valuing contingent consideration under SFAS 141R, Business Combinations.

The recently issued Accounting Standards Update will have implications for all entities that have financial instruments or hedge transactions.

The current economic environment has created many challenges in computing cost of capital using conventional methods.

The recently issued exposure drafts will have significant valuation implications for all companies that engage in leasing transactions.

The SEC, PCAOB and auditors have increased their focus on goodwill and asset impairment testing in the current environment. Companies must be prepared to respond to increased auditor and regulatory scrutiny and address issues such as reconciling the fair value of reporting units to market capitalization.

Keywords: Accounting Standards, Financial Accounting, Financial Accounting Standards, financial instruments,

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