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Valuation And Advisory

IRC 409a

Involves estimating the Fair Value/Fair Market Value of common stock for the purpose of establishing the strike price for stock option grants. Required by private companies and start ups that rely on stock based compensation for employees.

ASC 718 (SFAS 123R)

Involves estimating the fair value of the grant (options, restricted stock unit (RSU)) and calculation of the amortization schedule over the vesting period of the grant. Required by both private and public companies that use stock based compensation for employees.

ASC 815 (SFAS 133)

Involves estimating the Fair Value of complex financial instruments with embedded derivative features (convertible debt, warrants, put/call options). Required by companies that have exposure to complex financial instruments.

ASC 820 (SFAS 157)

Involves estimating the Fair Value and mark-to-market of holdings in a portfolio. Required by Venture Capital Funds and Private Equity Funds to report fair value of holdings at each reporting period.

ASC 805 (SFAS 141R)

nvolves allocation of purchase price paid in a transaction to tangible assets,intangible assets and goodwill acquired. Required by companies that have made acquisitions.

ASC 350/360 (SFAS 142/144)

Involves testing the goodwill and other long lived assets for impairment. Required by companies that have made acquisitions or have long lived assets.

IRC Sec. 382 Study

Involves estimating the Fair Market Value of all the classes of stock in a company pursuant to equity transactions, to establish limits on NOL usability. Required by companies that have NOLs and have had multiple equity transactions (VC funding, private placement, ownership changes).

C-Corp to S-Corp Conversion

Involves estimating the Fair Market Value of the business and assets of a C corp. before conversion to S corp. to establish the Built In Gains. Required by companies that plan or have elected to convert from C corp. to S corp.