Purpose
MK Appraisal Group's purchase-price allocation appraisals
enable the acquirer to record the value of acquired
assets and liabilities in compliance with generally
accepted accounting principles (GAAP). Applies to
public and private companies.
Evolving with the Rules
In June 2001, the Financial Accounting Standards Board
(FASB) issued FASB Statement 141, Business Combinations,
and FASB Statement 142, Goodwill and Other Intangible
Assets. SFAS-141 significantly changes accounting
for business combinations, by eliminating pooling
and by expanding the listing of acquired intangible
assets. IAI began interpreting the new Standard in
2000, when both 141 & 142 appeared as one single
Exposure Draft.
Prior to SFAS-141, APB-16 and APB-17 required an
allocation of the full purchase price to underlying
assets acquired. SFAS-141 contains specific rules
governing how companies recognize acquired intangible
assets.
MK Appraisal Group offers unmatched expertise in
SFAS-141 allocation appraisals, having completed
allocation appraisals under the old and new rules
and in multiple industries. We have valued nearly
every type of recognized intangible asset and numerous
types of In-process research and development (IPR&D)
projects.
Our
Expert SFAS-141 Insights:
• Understanding the demands of the two-tiered
recognition criteria for an acquired intangible
• Knowing why some intangibles carry an indefinite
economic life & why others should not
• Whether & how to assign value to a corporation’s
assembled workforce
• Purchase-Allocation reporting requirements
for SEC filings
• In-process research and development valuation
under the new AICPA guidelines
MK Appraisal Group’s experienced professionals
have an intimate understanding of the intricate details
required to complete independent purchase-price allocation
appraisals with skill and objectivity .
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