The classification of a transaction as either a business combination or an asset acquisition for financial reporting purposes has recently received greater attention. The differences between the two types of transactions can...more
8/8/2024
/ Accounting Standards ,
Acquisitions ,
Asset Purchase Agreements ,
Asset Valuations ,
Business Assets ,
Business Valuations ,
Fair Market Value ,
Goodwill ,
IFRS ,
Look-Back Measurement Period ,
Mergers ,
Non-Controlling Interests ,
Valuation
The decision of whether to classify a transaction as either a business combination or an asset acquisition has recently received greater attention. This article will not explore accounting-based pronouncements or the...more
As private equity fund managers assess the economic impact of COVID-19, developing reliable valuation processes and procedures for their investments will ensure transparency to regulators and investors....more
Private equity fund managers need to develop reliable valuation processes and procedures when conducting fair value analyses in support of their investments to allow for a seamless review by independent auditors....more
1/22/2020
/ Accounting Standards ,
AICPA ,
Audits ,
Discounts ,
EBITDA ,
GAAP ,
IFRS ,
Income Taxes ,
Independent Audits ,
Private Equity ,
Private Equity Funds ,
Securities and Exchange Commission (SEC) ,
Valuation ,
Venture Capital
Find out why adequetely addressing year-end goodwill and long-lived asset impairment testing procedures improves financial audits, reviews and allows for greater transparency.
Market equity prices and indices continued to...more
1/9/2020
/ Accounting Standards ,
Balance Sheets ,
Business Assets ,
Capitalization ,
Commodities ,
Corporate Governance ,
Dow Jones ,
Energy Sector ,
Financial Statements ,
Goodwill ,
Oil & Gas ,
Privately Held Corporations ,
Publicly-Traded Companies ,
S&P ,
Transparency
By Kevin Cannon With the recent decrease in crude oil prices and market capitalizations, auditors and regulators will now very likely have a renewed focus on impairment testing for goodwill and long-lived assets on the...more
Over the last few years, technology has become increasingly more prominent in the extraction and production of oil and natural gas. Oilfield service and drilling providers have worked to develop greater technological...more
6/5/2018
/ Accounting Standards ,
Audits ,
Exploration and Production Assets ,
Natural Gas ,
Oil & Gas ,
PCAOB ,
Purchase Price ,
Research and Development ,
Resource Extraction ,
Valuation ,
Well Drilling