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Valuation Services
Cherry Bekaert’s Valuation Services Practice functions as part of our integrated Transaction Advisory Services team.
Our team consists of highly trained and experienced valuation professionals dedicated to assisting our clients with navigating the complexities within the current regulatory environment.
Valuations forTax ReportingOur clients rely on our services as an essential part of their tax planning strategy. As oversight from tax authorities continues to intensify, it is critical that valuations performed for tax reporting purposes be precise and ready for extreme scrutiny. We perform valuations for a multitude of U.S. tax reporting requirements, including:
Gift and Estate Tax in accordance with Subtitle B, §2001 through §2801.
Cancellation of Debt in accordance with §108.
Golden Parachute Payments in accordance with §280g.
Nonqualified Deferred Compensation Plans in accordance with §409A
Valuations for Financial Accounting Reporting This evolving landscape already contains more than 50 U.S. GAAP accounting provisions which require some form of fair value measurement. Within financial accounting reporting, our team routinely provides valuations for:
Purchase Price Allocations in accordance with FASB ASC Topic No. 805,
Business Combinations.
Impairment Studies in accordance with FASB ASC Topic No. 350, Intangibles,
Goodwill and Other, and FASB ASC Topic No. 360-10, Impairment and Disposal of Long-Lived Assets.
Complex Securities in accordance with FASB ASC Topic No. 815,
Derivatives and Hedging.
Compensation in accordance with FASB ASC Topic No. 718,
Compensation – Stock Compensation.
Why Cherry Bekaert?Our ApproachOur approach to providing valuation services emphasizes collaboration, proactive communication, responsiveness and high levels of participation from senior professionals and Partners throughout the entire engagement process. This ensures that our deliverables are timely and accurate, and allows us to minimize our dependency on company resources and utilize management’s time efficiently and effectively.
We hold discussions with management at the beginning and throughout each engagement regarding our scope of services, proposed valuation approaches, timing of deliverables, and progress toward completion. As a matter of best practice, and in order to avoid any difficulties toward the conclusion of the engagement, we encourage the inclusion of all stakeholders (e.g., auditors, tax advisors) in these discussions.
Our TeamOur valuation team consists of highly experienced professionals, many with backgrounds from global accounting, consulting and Big Four firms. Our team members are focused exclusively on providing valuation services. They participate in all aspects of engagement planning and execution, and are fully committed to providing our clients pragmatic and highly robust valuation analyses based on the latest guidance and standards.
Our Service Philosophy Our service philosophy is to make a difference for our people and our clients. This begins with building strong relationships between our professionals and our clients based on trust, mutual respect, uncompromising integrity and a shared passion for excellence in all that we do. We affirm to you our commitment to ensure you timely, quality service delivered by a dedicated team of conscientious professionals.
Our CredentialsOur valuation credentials come from working with an extensive variety of domestic and international clients whose financial reporting, tax reporting and management planning requirements call for specialized valuation knowledge applicable to their businesses. In the increasingly complex practice of valuation, experience, knowledge and training are essential components to an insightful valuation that allows our clients to make well informed business decisions. Our valuation services professionals hold specialized credentials awarded by:
` American Institute of Certified Public Accountants
` National Association of Certified Valuation Analysts
` CFA Institute
` American Society of Appraisers
Financial ModelingUnderstanding the impact certain variables and assumptions can have on financial performance is an important aspect of making informed business decisions. Our financial modeling team frequently builds tools to assist our clients in formulating budgets and monitoring the financial and operational results of their business. Services include:
Comprehensive and multi-divisional consolidated annual budgets (including income statement, balance
sheet and cash flow forecasts)
Return on investment (ROI) analyses
Cost accounting models
Sensitivity analysis/scenario planning
Product line profitability assessment
Potential merger and acquisition planning
Shareholder buy-out transactions
Litigation for commercial and/or divorce purposes
Management PlanningOur clients look to us for advice on the general but complex question of “What is my business worth?” We help our clients answer this question for purposes including:
Arlene Ravalo Jao, CPA, ABV, CFF Senior Manager, Valuation Services
[email protected] 954.315.1987
Let us be your guide forward
Gustavo Perez, ASA/IA Principal, Valuation Leader
[email protected] 954.556.1729
Daniel M. Welborn, ASA, CPA Director, Valuation Services
[email protected] 704.377.1678
Anna Townsend, CPA/ABV, ASA Director, Valuation Services
[email protected] 919.782.1040
Michael B. Shekel, CPA/ABV, MBA Director, Valuation Services [email protected]
240.396.2795
Erin Davis Senior Manager, Valuation Services
[email protected] 240.396.2779
Guillaume Laffitte-Smith Director, Valuation Services [email protected]
240.396.2787
Tim Burrows, CFA Director, Valuation Services
[email protected] 954.556.1735
Jonathan Kudary Senior Manager, Valuation Services
[email protected] 954.556.1755
cbh.com/valuation
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© 2020 Cherry Bekaert LLP. All Rights Reserved.
This material has been prepared for general informational purposes only and is not intended to be relied upon as tax, accounting, or other professional advice. Before taking any action, you should consult a professional advisor familiar with your particular facts and circumstances.
