FINANCIAL REPORTING.
Purchase Price Allocations
ASC 805, IFRS 3, and IAS 38
- Valuation of acquired intangible assets and goodwill
- Valuation of acquired inventory, PP&E, and (un)favorable leasehold interests
- Calculation of contingent consideration and earn outs
- Estimation of remaining useful lives
409A & Share-Based Payments
IRC 409A, ASC 718, and IFRS 2
- Valuation of common stock for employee stock option grants
- Valuation of market-based performance share awards (PSU)
- Total shareholder returns (TSR) and pay versus performance (PvP)
- Valuation of profit interest units (PIU)
Convertible Debt Instruments
ASC 470 and ASC 815
- Valuation of convertible debt and individual conversion features
- Bifurcation of embedded derivatives
- Estimation of effective yields
- Synthetic credit ratings
- Monte Carlo simulations to estimate fair value and conversion timing
Portfolio Companies
ASC 820 and IFRS 13
- Valuation of illiquid, private investments ranging from seed stage to Unicorns
- Mark-to-market of portfolio securities
- Creation of valuation policies
Goodwill Impairment
ASC 350, IFRS 3, and IAS 36
- Valuation of reporting units
- Step 0 qualitative testing
- Step 1 and Step 2 quantitative testing
- Estimating appropriate control premiums
Intangible Asset Impairment
ASC 360, IFRS 3, and IAS 26
- Valuation of intangible assets
- Testing for potential impairment at triggering events
- Assistance with asset groupings
- Disposal of long-lived assets
Intellectual Property
- Valuation of copyrights, patents, and unpatented know-how
- Valuation of trademarks, trade names, and domain names
- Valuation of clinical stage molecules and compounds
Derivatives
- Valuation of derivatives, warrants, and options
- Calculations using Black-Scholes-Merton models and Monte Carlo simulations
- Bifurcation of embedded derivatives
Other Services
- Lease accounting incremental borrow rates (IBR) under ASC 842
- Fresh-start accounting
- Valuation of non-compete agreements
- Valuation of settlement agreements
TAX REPORTING.
Transactions
- Restructurings & reorganizations
- Joint venture formations
- Like-kind exchanges (§1031)
- NOL limitations & built-in gains (§382/384)
- Asset valuations (§338/1060)
Planning
- Estate & gift tax valuations
- Family limited partnerships (FLPs)
- Discount studies for lack of control and marketability
- IP donations and charitable stock contributions (§170)
Compliance
- Common stock valuations for option grants (§409A)
- Allocation of intangible assets and goodwill to legal entities
- ESOPs
- Worthless stock deductions (§165)
DISPUTE RESOLUTION.
Commercial Litigation
- Business and contract disputes
- Purchase price disputes
- Trade secret misappropriation
- IP litigation settlements
Shareholder Disputes
- Dissenting shareholder litigation
- Post-merger and acquisition disputes
- Triggered buy/sell agreements
- Marital dissolutions
Bankruptcy & Other
- Fresh-start accounting
- Liquidation of assets
- Royalty rate analyses
- SEC and IRS matters