Financial Reporting

The introduction of fair value accounting, as defined by ASC 820 (formerly FAS 157) has rapidly elevated both the role and importance of valuation in accounting. Private and public companies alike now require third party valuation specialists to assist in engagements involving equity compensation and purchase accounting exercises prompted by acquisitions.

The area is rapidly evolving with best practices changing frequently and sometimes unexpectedly. Intrinsic professionals have played a leadership role among practitioners, authoring groundbreaking articles, participating in industry leading organizations such as the Appraisal Issues Task Force, and regularly interfacing with Big 4 accounting firms as valuation experts in SAS 73 reviews.