The list of eligible valuation subjects is long—purchase price allocations, goodwill impairment, fairness opinions, ESOPs, and derivatives—just to name a few. This list is becoming increasingly complicated and, therefore, more risky. Valuations that are too high or too low can be costly, resulting in either overpayment or lost opportunities.
DSE’s valuation professionals ensure that costly mistakes don’t happen. Our passion is to provide clients with accurate, timely and compliant valuations. Our expertise includes the following areas:
Purchase Price Allocations: ASC 805 - FAS 141
Goodwill Impairment Studies: ASC 350 - FAS 142
Accounting for Asset Retirement Obligations: ASC 410 - FAS 143
Impairment Studies: ASC 360 - FAS 144
Fair Market Valuations: ASC 820 - FAS 157
Business / Enterprise Valuations
Fairness / Solvency Opinions
Long-Lived Asset Valuations
Intellectual Property Valuations
Debt, Preferred and Common / Resricted Stock Valuations
Net Asset Valuations (Funds, LP's)
- Convertible Securities
- Hedge Effectiveness and Hedge Accounting
EQUITY INCENTIVE STOCK OPTION VALUATIONS: ASC 718 - FAS 123R
We have extensive experience in valuing stock and options issued as compensation for financial reporting purposes. Each engagement is given the time and dedication to understand the specific plan and utilize the valuation approaches that are most appropriate. DSE has been at the forefront in valuing equity issued as compensation for companies with complex capital structures which employ multiple classes of stock.
DERIVATIVE VALUATIONS: ASC 815 - FAS 133
DSE has evaluated and valued embedded derivatives in convertible securities as well as preferred stock issuances and detachable options and warrants. We have reviewed and valued in excess of 100 securities and performed over a 1,000 valuations. We specialize in building custom lattice models that fairly value embedded derivatives within convertible financial instruments based on the underlying economics.
In addition, we assist clients in assessing and measuring hedge effectiveness and provide ongoing valuation and hedge accounting for various hedging relationships including asset hedging (typically oil & gas assets), cash flows or foreign currency.
FAIR MARKET VALUATIONS: ASC 805/350/360 - FAS 141/142/144
We work with management and auditors to determine fair value of all assets acquired in accordance with ASC 805 - FAS 141, Business Combinations and ASC 350 - FAS 142, Goodwill and Other Intangible Assets. In addition, we test and value assets under ASC 360 - FAS 144, for Impairment or Disposal of Long-Lived Assets on an annual basis or when otherwise warranted.
ACOUNTING FOR ASSET RETIREMENT OBLIGATIONS: ASC 410 - FAS 143
We work with a number of companies in the oil and gas industry and provide comprehensive financial accounting and reporting for obligations associated with the retirement of tangible long-lived assets, the associated asset retirement costs, and related depletion analysis and accounting.
FAIR MARKET VALUATIONS: ASC 820 - FAS 157
ASC 820 - FAS 157 defines new requirements for establishing the "fair values" of financial instruments such as mutual funds, hedge funds, stocks, derivatives, and private equity funds. We provide With all of the changes being made with regard to fair value financial reporting, the professionals of DSE are ready to address all of your valuation needs.