Valuation Services:
Experienced CPAs, Accredited in Business Valuation, provide vital valuation service analyses in a wide variety of scenarios, including ESOPs, financial reporting, divorce, and gift and estate taxes.
CASE IN POINT: In a divorce case involving an owner of a Texas construction company, both parties sought to retain Mr. Drysdale due to his experience in the construction industry.
Value Enhancement:
Few business owners realize how many different areas can be assessed to enhance and increase their company's value, especially in preparation of selling the business.
CASE IN POINT: A local business owner about to retire asked Mr. Drysdale to create an effective sale price. He then suggested several operational modifications to enhance the firm's value.
Intangible Asset Valuation:
What's your good name worth? Value of trade names, patents and other intangible assets need to be determined for a variety of business reasons.
CASE IN POINT: Mr. Drysdale helped a nationwide long-distance reseller, preparing to merge its business, value its trade name contributed to a charitable organization, thus minimizing its eventual taxes. (The Charitable Group later sold the trade name to an acquiring company.)
Acquisition Accounting:
Acquiring another business is a precarious task. And, correctly recording intangible assets and goodwill in compliance with accounting rules makes it even tougher.
CASE IN POINT: A publicly traded company, in acquisition mode throughout the U.S., was aided by Mr. Drysdale in valuing the intangible assets of each acquired organization, while complying with accounting rules.
Goodwill Measurement:
Established accounting practices require that goodwill and other intangible assets be tested periodically for impairment of value.
CASE IN POINT: A rural telephone company in the Western United States purchased and assumed services originally provided by a larger organization. Mr. Drysdale worked with outside auditors, attorneys, and corporate accountants to accurately measure the acquired goodwill.
|