Intangible Valuation and Impairment
SFAS 142 Goodwill and Other Intangible Assets requires a goodwill impairment study at least annually to test for whether impairment is necessary and the level of impairment to be recorded.
Well Positioned and Cost Effective
As a financial institution appraisal expert recognized by the FDIC, Federal Reserve and OTS, FinPro has appraised over $3.0 billion of bank and thrift IPOs.FinPro has provided dozens of intangible impairment analyses for SEC reporting companies ranging in size from $500 million to $3.5 billion. The “big four” accounting firms and numerous regional accounting firms have reviewed and signed-off on FinPro’s appraisal methodology in conjunction with annual audits.
Comprehensive Approach
FinPro performs the analysis utilizing multiple methods:- Income Approach - Discounted cash earnings analysis;
- Market Value Approach - Trading value analysis;
- Acquisition Market Value Approach - Control value analysis;
- Economic Value Added Analysis.
FinPro is uniquely positioned to provide goodwill and intangible impairment analysis in a thorough, cost effective manner.