If you have recently completed or are contemplating a business acquisition, you may need to obtain a reliable valuation to comply with accounting and regulatory reporting requirements. Companies with limited resources may wish to consult with a valuation specialist to determine the fair values of assets, liabilities and separately identified intangible assets in order to satisfy the requirements of generally accepted account principles ("GAAP"). The valuation specialists at HEIN & ASSOCIATES LLP understand how to apply valuation methodologies in the context of GAAP and can assist management with the determination of fair values and the proper accounting allocation of such values for purchased businesses. Should the sum of tangible and identifiable intangible asset values exceed the amount of acquired liabilities in a business acquisition, an unidentified intangible asset is recorded; this is often referred to as goodwill. Accounting for goodwill and certain intangible assets subsequent to acquisition is very complex and also requires the application of valuation methodologies. You can rely on the valuation specialists at HEIN & ASSOCIATES LLP to provide the expertise you need for providing information to assist in complying with accounting standards for goodwill or other intangible assets. Contact Mitchell Hoffman, CPA, Litigation, Valuation and Bankruptcy Consulting Services Partner (303) 298-9600 |
