In an era of evolving financial reporting requirements, the globalization of business activities, and increasing audit and regulatory scrutiny, VRG helps multinational public and privately held companies, private equity and venture capital firms successfully manage their financial reporting valuations.

We provide valuations to support the financial requirements outlined in the International Financial Reporting Standards (IFRS). Since not every country that has adopted IFRS has adopted each new standard, there are intricacies to each country’s reporting requirements.

VRG professionals, based in their respective countries and working with many of the world’s leading multinational firms, have the knowledge and experience to assist with each country’s variation of IFRS. Some examples include:

  • IFRS 3R in support of Business Combinations
  • International Accounting Standard 36 (IAS 36) when testing for potential asset impairment
  • IFRS 2R in support of share-based compensation reporting
  • IFRS 9 Fair Value Reporting of illiquid investments for various asset managers via the specialty of our Portfolio Valuation Practice Group
  • Financial Reporting Valuation Practice Group

    Valuations and valuation advisory services are required when an enterprise must make confident decisions and support evolving reporting standards.

    • Purchase price allocation analysis (ASC 805, IFRS 3)
    • Goodwill studies, Impairment of assets (ASC 350, IFRS 3R, IAS 36)
    • Intangible assets (IAS 38)
    • Intellectual property
      • Patents, trade secrets, product technology
      • Copyrights and content
      • Franchise agreements
      • Licenses and royalty agreements
      • Non-competition agreements
      • Retail and luxury product brands, trademarks and tradenames
      • Software
      • Image rights contracts
      • In-process research & development (IPR&D)
      • Long-lived intangibles
        • Patents
        • Unpatented technology
        • Proprietary software
        • Franchises
        • Copyrights and trademarks
        • Customer-related intangible assets such as customer relationships, customer contracts, and customer lists
    • Equity-based compensation (ASC 718, ASC 505, IRC Section 409A)
      • Stock options
      • Profit interests
      • Carried interest
      • Employee share purchase plans
      • Restricted stock awards
      • Phantom stock
      • Stock appreciation rights
      • Share incentive and rewards
    • Initial public offering advisory and pre-filing valuation
    • Fixed asset control
      • Software development
      • Sales and operations
    • Financial modeling and analysis
    • Restructuring
    • Shareholder reorganization
    • Shareholder value analysis
  • Real Property and Machinery & Equipment Valuation Practice Groups

    Tangible asset valuations of fixed assets, real property (i.e., land, building, leases, etc.), and personal property (i.e., machinery, equipment, computers, furniture and fixtures, leasehold improvements, etc.) can help minimize taxes while maximizing valuation.

    Real and personal property valuations are critical for a number of multinational business situations, such as:

    • Tax and financial reporting
    • Asset monitoring
    • Insurance
    • Ad valorem taxes
    • Replacement budgeting
    • Mergers, acquisitions, divestitures
    • Refinancing
    • Reorganization
    • Exit planning

    When it comes to tangible asset valuation needs, many companies require a partner with support in on-site, international locations. VRG offers in-depth knowledge and experience in valuations and value-related services for tangible, fixed assets and inventory of all types:

    • Land
    • Buildings
    • Farms
    • Furniture and office equipment
    • Industrial plants
    • Industrial machinery & equipment
    • Transportation equipment
    • Aircraft
    • Ships/Boats
    • Spare parts
    • Raw materials
    • End products

    Other services provided by VRG’s real estate valuation practice group include valuations in compliance with national (Ministry Order: ECO/805/2003) or international standards “Red Book” RICS, Royal Institution of Chartered Surveyors and/or “Blue Book” TEGoVA (The European Group of Valuers’ Associations) at the request of Financial Institutions, Real Estate Investment Funds, Property Management Companies, Private and Institutional Investors, Public and Private Organizations, etc.

  • International Business Combinations

    Multinational firms pursuing merger, acquisition and divestiture strategies face additional international financial and tax reporting requirements and VRG is ready to serve.

    Our experience includes foreign and multinational acquisitions of all sizes in nearly every industry. Larger acquisitions generally encompass multiple legal entities.

    • Pre-acquisition strategic advisory
    • Mergers & Acquisitions
      • Strategic advisory
      • Synergy analysis
      • Strategic alliances with foreign companies