Value Management Inc.’s Value
Specializing in Business Valuations for Financial Reporting
Newtown, PA 18940
758 Durham Road
Value Management Inc.
valuation opinions are sound,
objective and independent. They
withstand the scrutiny of your auditors,
Management
the SEC, and other regulatory bodies. Inc.
www.ValueManagementInc.com
www.ValueManagementInc.com
Value Management Inc. has been providing
professional, objective business valuation
expertise since 1991. Collectively, the
professional team at VMI has performed over
4,500 valuations. Over the years, we have
provided a vast array of services to a broad
spectrum of clients, ranging from start-ups to
billion dollar corporations, in virtually
every type of industry.
VMI enjoys a long tradition of excellence,
both in the quality of our product and our
total commitment to client service.
VMI’s professionals include Chartered
Financial Analysts (CFAs), MBAs, CPAs
and senior members in the American Society
of Appraisers (ASAs). They have presented
on business valuation matters at both
national and local levels and have testified
Permit No. 1604
Presort Standard
Houston, Texas
in numerous state and Federal courts.
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www.ValueManagementInc.com The Business Valuation Specialist
Value 758 Durham Road
Management The Business Valuation Specialist Newtown, PA 18940
(215) 598-9310
Inc.
FINANCIAL REPORTING SERVICES SFAS 123R and IRS 409A SFAS 141R, 142, and 144 - Purchase Price
Option Pricing Allocation & Impairment Testing
There are many new disclosure rules required
for financial reporting. VMI assists manage- VMI assists companies, both emerging growth The valuation of identifiable intangible assets is
ment and owners of publicly traded and and more established businesses, in setting a very complicated process. Our knowledge in
privately owned companies to provide reliable “strike” prices for option grants and in valuing this area allows us to provide opinions of the fair
measures of fair value to auditors, the SEC, and the options themselves, for tax (IRS 409A) and values of intangible assets and the remaining
investors. financial reporting purposes (SFAS 123R). useful lives for those assets. Our experience can
help to minimize audit review surprises and SEC
SFAS 157 challenges, and prevent restatement of financial
Fair Value Measurements statements.
SFAS 157 establishes the following concrete
definition for Fair Value to be employed in Examples of intangible assets that may need to
conjunction with the various other accounting be allocated include:
standards: . Patents, Copyrights, etc.
. Tradenames and Trademarks
Fair Value is the price that would be received . Licenses
to sell an asset or paid to transfer a liability in . Other Royalty Generating Assets
an orderly transaction between market . In-process R&D
participants at the measurement date. . Software
. Core Technologies
It also introduces new disclosure requirements . Contracts in Place
relating to Fair Value measurements. The VMI staff is committed to delivering . Customers / Subscribers / Members
timely results and personalized attention on . Site Designs
every engagement. . Work Force in Place
. Goodwill
For more information, contact: . Other Intangibles
Ed Wilusz, ASA, CFA
(215) 598-9310 VMI also has a broad range of experience in
impairment testing of goodwill and other
eaw@ValueManagementInc.com intangible assets (SFAS 142 & 144).
www.ValueManagementInc.com