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VALUATION
Reliable and well-documented business and
intangible asset valuations are essential for management and investors
to make the best decisions and report accurate financial performance.
However, several key trends are making it increasingly difficult for
these key stakeholders to identify true value. These trends include:
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The predominant role of intellectual
property and intangible assets in the value of many companies, which
is not clearly reflected by historic cost-based accounting;
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More stringent financial reporting
requirements such as detailed purchase price allocations in
acquisitions, goodwill impairment testing and expensing of stock
options (FAS 141, 142 and 123);
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Globalization, intense competition and
shifts in the microeconomic environment that rapidly change the
value of individual companies and technologies;
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The twofold increase in the number of
U.S. patents starting in the 1990s and the perceived decline in
patent quality;
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Demographic shifts that are changing
the dynamics of business succession planning.
FairValue Advisors recognizes these
business trends and helps companies uncover and articulate true value.
Valuations are most commonly performed in the following situations
FairValue
Advisors is called upon to value a broad range of assets and securities, including:
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Common Stock
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Debt and Note Issues
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Goodwill
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Patents
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Trade Dress
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Know How
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Proprietary Technology
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In Process R&D
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Order Backlog
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Buy-Sell Agreements
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Leasehold Interests
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