Overview:
Like it or not, the fair value revolution is in full swing, making it critical for accountants to have a deeper understanding of how fair value measurements are developed and applied. The seminar will sharpen your valuation skills and enable you to correctly apply fair value in a variety of circumstances. You will:
- Learn valuation methods for various fair value applications
- Review calculations underlying the valuation of businesses, intangible assets and financial instruments
- Identify the assumptions that most directly affect estimated value
- Assess the impact of value estimates on the financial statements
Objective:
To provide accountants, valuators and preparers of financial statements with a comprehensive understanding of the most commonly used valuation methods and their resulting impact on a company's financial statements. You will learn how fair value operates in connection with raising capital, business combinations and financial reporting.
Emphasis:
- Fair value as defined in the Codification (ASC 820)
- Valuation of businesses in connection with mergers and acquisitions and goodwill impairment analyses
- Allocation of purchase price in connection with the rules for business combinations (ASC 805) (FAS 141R)
- Valuing intangible assets, real estate, goodwill, debt instruments, convertible securities and preferred stock according to current US GAAP
- Applying Black-Scholes and Lattice methods to value options (ASC 718) (FAS 123R)
- AICPA Statement on Standards for Valuation Services
