Fair Value for Financial Statement Reporting
Our appraisal services are used to assist clients and their auditors in assessing the fair value of assets and liabilities acquired in a business combination for financial statement reporting purposes in accordance with United States Generally Accepted Accounting Principles. This analysis includes determining the fair value of specifically identifiable intangible assets and residual goodwill. When stock in a privately held entity is issued to the seller or the parties to the transaction enter into an earn-out agreement, BV Advisors will measure the fair value for financial statement reporting purposes. Subsequent to the initial transaction, we also assist businesses in assessing the impairment of the finite and infinite lived assets and liabilities acquired for each reporting unit.