|Price Purchase Allocation||:||MPR provides independent valuation opinions on the fair value of intellectual property and other intangible assets acquired in a business acquisition. Our valuation experts are well versed in accounting standards codifications and fair value requirements. We work with you to properly identify and then value separable, identifiable intangible assets such as customer lists, patents, non-compete agreements, and licensing agreements.
Our team includes both valuation experts and former auditors who work together to expedite the business valuation process while reducing the number of potential issues that could arise with your own audit firm
We conduct ESOP related valuations and prepare formal Fairness Opnions where required, including:
We understand the risks to a Trustee or Plan Sponsor of an erroneous or improperly completed business valuation! Our ESOP valuation work has withstood the scrutiny of both IRS and Department of Labor examiners in those instances where clients have been audited by IRS or DOL.Professional standards for valuation services have evolved significantly during the last several years. Professional associations which certify valuation analysts have also adopted expanded and enhanced professional standards for valuation work.
|Impairment Testing||:|| After initial recognition, goodwill and indefinite-lived intangible assets must be tested periodically for impairment under ASC 350. We have broad expertise in the initial recognition of values and subsequent impairment testing. Our professionals assist in identifying reporting units, testing for impairment of goodwill and indefinite-lived intangible assets, and estimating the fair value of such assets.
We can offer additional assurance for you, your board, and your auditors by conducting an independent review and providing support for key assumptions and forecasts related to impairment testing. We can also address auditors' concerns around consistency of approach and other issues, ultimately saving time and costs in the audit review process.