This document discusses alternative approaches to valuing customer-related intangible assets, including qualitative considerations, the with-and-without approach, distributor method, and multi-period excess earnings method (MPEEM). The with-and-without approach values customer assets by quantifying the difference in cash flows with and without the customer assets. The distributor method values customer assets based on the profit margin of a comparable distributor. The MPEEM allocates earnings between contributory and non-contributory assets but may overstate customer value if another asset is primary. Qualitative factors must be considered to select the appropriate valuation technique.
The document discusses impairment testing guidance and issues related to goodwill and long-lived assets. It provides an overview of SFAS 142 and SFAS 144, the accounting standards governing impairment testing of goodwill, indefinite-lived intangible assets, and long-lived assets. The document then examines key issues in impairment testing, including the timing of tests, methodology, and challenges in determining fair value and reconciling to market capitalization. It also provides an example of applying the two-step process for testing goodwill impairment.
1) In the late 19th century, women's suffrage activists like Elizabeth Cady Stanton, Susan B. Anthony, and Matilda Joslyn Gage fought for women's right to vote by organizing conventions and associations.
2) Susan B. Anthony was arrested in 1872 for attempting to vote and refusing to pay the fine to protest women's lack of voting rights.
3) The 19th amendment, granting women the right to vote, was ratified in 1920 after decades of activism and pressure from suffrage leaders like Stanton and Anthony.
Valuation Research Corporation presented information on preparing for SFAS 141R. Key points include:
- VRC provides valuation advisory services and maintains relationships with corporations and financial institutions.
- SFAS 141R changes the accounting for business combinations from an asset-based approach to a fair value approach.
- Major changes in 141R include defining a business, accounting for contingent consideration and noncontrolling interests at fair value, and expensing acquisition-related costs.
- SFAS 141R aims to provide greater transparency through recognizing all assets acquired and liabilities assumed at fair value.
Este documento presenta la información sobre un curso de contabilidad incluyendo la ponderación de las evaluaciones, bibliografía, objetivos generales y específicos, definiciones de contabilidad y sus objetivos, y una explicación de los postulados básicos de las normas de información financiera que guían el reconocimiento contable.
The document summarizes lessons learned from impairment testing in 2010 and beyond. It discusses recurring issues companies face with impairment testing such as whether to value the enterprise, total assets, or equity. It also covers common audit questions around reporting units and indefinite-lived assets. Specific case studies are presented on issues like deferred tax considerations, discount rates, and reconciling different valuation methodologies.
- Reassess identification of all assets and liabilities to ensure all were identified
- Review procedures used to measure amounts required to be recognized
- Consider if purchase price is significantly below value of tangible assets, working capital or other benchmarks
- If fair value of net assets exceeds consideration paid, it represents a bargain purchase requiring recognition of gain
Determining if a transaction meets the definition of a bargain purchase requires carefully reassessing the identification and measurement of all assets and liabilities to validate the excess fair value.
This slideshow will introduce you to the unique co-pack process of Brooks Pepperfire Foods.
If you would like to download a copy of this presentation, contact me by email.
Alternative Methods For Valuing Customer Relationships(11.15.12)pjpatel
Ed Hamilton and P.J. Patel are experts on valuing customer relationships for financial reporting. They will discuss alternative valuation methods including the multi-period excess earnings method, distributor method, and cost approach. Case studies will examine applying these methods to acquired companies with established customer bases. The appropriate valuation method depends on factors such as whether customers are the primary asset and assumptions needed.
This document discusses impairment testing requirements for goodwill, indefinite-lived intangible assets, and long-lived assets under US GAAP. It provides background on the structure of impairment testing, noting that indefinite-lived assets must be tested first, followed by long-lived assets, and finally goodwill. The order of operations for a single reporting unit example is outlined. The current economic environment has led to a significant increase in impairment charges for many companies as they apply these testing requirements.
En esta presentación explico los créditos que tengo este año, los profesores que imparten las asignaturas y el horario de cada una de ellas. Además explico por encima un poco la temática de las materias.
This document discusses alternative approaches to valuing customer-related intangible assets, including qualitative considerations, the with-and-without approach, distributor method, and multi-period excess earnings method (MPEEM). The with-and-without approach values customer assets by quantifying the difference in cash flows with and without the customer assets. The distributor method values customer assets based on the profit margin of a comparable distributor. The MPEEM allocates earnings between contributory and non-contributory assets but may overstate customer value if another asset is primary. Qualitative factors must be considered to select the appropriate valuation technique.
The document discusses impairment testing guidance and issues related to goodwill and long-lived assets. It provides an overview of SFAS 142 and SFAS 144, the accounting standards governing impairment testing of goodwill, indefinite-lived intangible assets, and long-lived assets. The document then examines key issues in impairment testing, including the timing of tests, methodology, and challenges in determining fair value and reconciling to market capitalization. It also provides an example of applying the two-step process for testing goodwill impairment.
1) In the late 19th century, women's suffrage activists like Elizabeth Cady Stanton, Susan B. Anthony, and Matilda Joslyn Gage fought for women's right to vote by organizing conventions and associations.
2) Susan B. Anthony was arrested in 1872 for attempting to vote and refusing to pay the fine to protest women's lack of voting rights.
3) The 19th amendment, granting women the right to vote, was ratified in 1920 after decades of activism and pressure from suffrage leaders like Stanton and Anthony.
Valuation Research Corporation presented information on preparing for SFAS 141R. Key points include:
- VRC provides valuation advisory services and maintains relationships with corporations and financial institutions.
- SFAS 141R changes the accounting for business combinations from an asset-based approach to a fair value approach.
- Major changes in 141R include defining a business, accounting for contingent consideration and noncontrolling interests at fair value, and expensing acquisition-related costs.
- SFAS 141R aims to provide greater transparency through recognizing all assets acquired and liabilities assumed at fair value.
Este documento presenta la información sobre un curso de contabilidad incluyendo la ponderación de las evaluaciones, bibliografía, objetivos generales y específicos, definiciones de contabilidad y sus objetivos, y una explicación de los postulados básicos de las normas de información financiera que guían el reconocimiento contable.
The document summarizes lessons learned from impairment testing in 2010 and beyond. It discusses recurring issues companies face with impairment testing such as whether to value the enterprise, total assets, or equity. It also covers common audit questions around reporting units and indefinite-lived assets. Specific case studies are presented on issues like deferred tax considerations, discount rates, and reconciling different valuation methodologies.
- Reassess identification of all assets and liabilities to ensure all were identified
- Review procedures used to measure amounts required to be recognized
- Consider if purchase price is significantly below value of tangible assets, working capital or other benchmarks
- If fair value of net assets exceeds consideration paid, it represents a bargain purchase requiring recognition of gain
Determining if a transaction meets the definition of a bargain purchase requires carefully reassessing the identification and measurement of all assets and liabilities to validate the excess fair value.
This slideshow will introduce you to the unique co-pack process of Brooks Pepperfire Foods.
If you would like to download a copy of this presentation, contact me by email.
Alternative Methods For Valuing Customer Relationships(11.15.12)pjpatel
Ed Hamilton and P.J. Patel are experts on valuing customer relationships for financial reporting. They will discuss alternative valuation methods including the multi-period excess earnings method, distributor method, and cost approach. Case studies will examine applying these methods to acquired companies with established customer bases. The appropriate valuation method depends on factors such as whether customers are the primary asset and assumptions needed.
This document discusses impairment testing requirements for goodwill, indefinite-lived intangible assets, and long-lived assets under US GAAP. It provides background on the structure of impairment testing, noting that indefinite-lived assets must be tested first, followed by long-lived assets, and finally goodwill. The order of operations for a single reporting unit example is outlined. The current economic environment has led to a significant increase in impairment charges for many companies as they apply these testing requirements.
En esta presentación explico los créditos que tengo este año, los profesores que imparten las asignaturas y el horario de cada una de ellas. Además explico por encima un poco la temática de las materias.
1. Centre d’ estudis Joan XXIII INFORMÀTICA 1er Aministració i Finances CAROL AÑAZCO
2. Cr.2.2 gestió tresoreria Professora: Andrés González Horari: -Dilluns (15:00-15:55) -Dijous (15:00-15:55) -Divendres (19:10-20:05) Resum de la temàtica: Aprenem a treballar amb els diferents mitjans de pagament i cobrament.
3. Cr.1 gestió aprovisionament Professora: Chus Expósito Horari: -Dimarts (17:45-18:40) -Dijous (19:10-20:05) -Divendres (17:45-18:40) Resum de la temàtica: Treballem la organització de l’empresa.
4. Cr.4 comptabilitat Professora: Andrés González Horari: -Dilluns i dijous (15:55-16:50) -Dimarts (19:10-21:00) -Divendres (15:00-15:55) Resum de la temàtica: Treballem les diferents operacions que es realitzen a l’empresa per veure resultats a final d’any.
5. Cr.7 administració pública Professora: NatiLeón Horari: -Dilluns (16:50-17:45) -Dijous (16:50-18:40) Resum de la temàtica: Estudiem sobre lleis i drets.
6. Cr.2.1. Mates financeres Professora: Chus Expósito. Horari: -Dilluns (17:45-18:40) -Divendres (16:50-17:45) Resum de la temàtica: Estudiem sobre capitalització simple i composta.
7. Cr.10.1 informàtica Professora: Jordi Guim Horari: -Dilluns (19:10-21:00) -Dimecres (16:50-18:40) Resum de la temàtica: Naveguem per Internet i visitem les webs a les quals podem accedir i creem comptes.
8. Cr.1.2 simulació Professora: NatiLeón, Gemma Ibáñez, Joan R. Horari: -Dimarts (15:55-17:45) Resum de la temàtica: Simulem i treballem tal i com ho fan a les empreses a la realitat.
9. Cr. 10.2 anglès Professora: Noelia Díaz Horari: -Dimecres (19:10-21:00) Resum de la temàtica: Aprenem a parlar anglès comercial.
10. tutoria Professora: Andrés González Horari: -Divendres (15:55-16:50) Resum de la temàtica: Parlem sobre nosaltres, a conviure, a ser nosaltres mateixos.