A successful business enterprise differentiates itself by its vision, clear market positioning, dynamic business strategy and sound financial management. Impartial professional opinions and practical advisory services can facilitate decision making process and enhance management efficiency and effectiveness. With better understanding of the key value drivers and competitive landscape of your business, you can plan better and go further with larger negotiating power on the round table for your upcoming corporate actions and events.
The economic value of a business operation is usually worth more than the simple sum of its tangible assets’ value. There are always some intangible assets which are with no physical substance created and existed in your business, such as brand names, patents, technical knowhow and so forth. Grant Sherman is here to assist you in identifying these intangible assets and exploring the fair value of your business as a whole-being.
Fair market value assessment on business enterprise value and due diligence work can contribute positively to transactions in various aspects. They can be adopted by management as internal reference for decision making or group restructuring, be one of the precedent conditions required by buyers and/or sellers in an acquisition, be prepared for mining and minerals companies pursuant to the listing rules requirements, and be provided to listed companies and/or listing candidates for their pro-forma financial statements in public documents.
Fair value accounting is growing popular and widely required for the measurement of various kinds of assets and liabilities (e.g. biological assets, investment properties, intangible assets, financial instruments, share-based payments, and etc.) as set out in current International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS). Test for impairment of goodwill and purchase price allocation (PPA) exercise are the common applications for business valuation.