Regulatory agencies are requiring more disclosure regarding the Fair Value of assets of both public and private companies. We can help in the following areas.

Goodwill Impairment (FASB ASC 350, formerly SFAS 142)

• The value of goodwill must be analyzed annually and any decrease must be reflected as an impairment charge.

Purchase Price Allocation (FASB ASC 805, formerly SFAS 141R)

• The consideration paid for an acquisition must be allocated among its various assets, including fixed assets, intangible assets and goodwill. 

Intangible Asset Valuations (FASB ASC 805, 350, 360, formerly SFAS 141, 142, 144)

  Stock Option Valuations (Internal Revenue Code 409A, FASB ASC 718, (formerly SFAS 123R))

Fair Value Measurement and Disclosures (FASB 820, formerly SFAS 157)

• Under SFAS 144,  Reductions in the value of long-lived assets must be reported if it is determined that their value cannot be recouped over the life of the assets.
   
• Private companies are required to account for the cost of their stock option plans, incorporating complex assumptions about volatility, forfeiture rates and terms. Options must be issued at the fair value of the equity in order to avoid being treated as income and face tax penalties.