Applied Economics is regularly engaged by public companies, privately-held businesses, and referred by local and national CPA firms, to provide valuation services for financial and tax reporting purposes. Our financial and tax reporting valuation services include fair value and fair market value opinions used for financial and regulatory reporting including:
- Intangible asset valuations for purchase price allocations under ASC 805, Business Combinations (formerly SFAS 141R).
- Goodwill and intangible impairment tests under ASC 350, Intangibles - Goodwill and Other (formerly SFAS 142) and ASC 360, Impairment or Disposal of Long-Lived Assets (formerly SFAS 144).
- Common stock and employee stock option valuation for financial reporting under ASC 718, Compensation–Stock Compensation (formerly SFAS 123R) and tax reporting pursuant to IRC 409A.
Our Team
Founded by former “Big Four” public accounting firm valuation experts, Applied Economics performs over 100 engagements annually, including transfer pricing and financial valuation projects for public and private companies. In addition, we are regularly engaged to perform valuation and transfer pricing engagements by public accounting firms on behalf of their clients due to independence conflicts. Our reports have been reviewed and accepted by each of the “Big Four” firms and the IRS.
Examples of our recent financial reporting valuation engagements include:
- Valued healthcare related intangibles of a $450 million home health care provider and hospice operator purchased by a public company for purchase price allocation purposes.
- Valued a government and commercial services contractor with over $1 billion in annual revenue for annual goodwill impairment testing and stock option financial reporting.
- Valued one of the largest consumer-publishing and media groups in America for annual goodwill impairment testing.
- Valued tradenames, customer relationships and other intangibles of a $103 million national payday loan operator purchased by a publicly traded company a for purchase price allocation purposes.
- Valued the internally developed software, customer relationships, and other intangibles of a $100 million printing and information logistics provider for purchase price allocation purposes.
- Valued a $160 million medical claims processor for annual goodwill impairment testing.
- Valued employee stock options to assist a national telecom billing provider in its adoption of FAS 123(R).
- Valued put options and other contingent options for SEC compliance purposes in conjunction with a client’s successful registration for initial public offering of stock.
- Valued the businesses and assets of a NYSE company in conjunction with the tax free spin-off of business units representing approximately 30% of its revenue to a newly formed publicly traded company.
