Our history of supporting organizations with business valuations makes Cendrowski Corporate Advisors a trusted partner when circumstances require extensive, accurate financial reporting. Our financial reporting professionalsโ valuation process withstands requisite audit and regulatory standards.
We take a consistent approach to produce defensible, supportable valuations for investors in compliance with those requirements. Our team has decades of experience providing ASC 820 (formerly FAS 157) compliant mark-to-market valuations of private companies, including venture, buyout, and distressed debt-backed firms.
Our valuation and financial reporting team provides ASC 820 valuations for:
- Companies preparing to go public
- Portfolio companies of private equity funds
- Potential portfolio company acquisition targets
- Firms in bankruptcy
- Joint ventures
- Corporate divestitures
- Minority interests
- Transactions involving dissenting minority shareholder right
Financial Reporting for Fair Value Measurement
At Cendrowski Corporate Advisors, it is our priority to provide the most clear and accurate financial reporting. We understand the full complexity of the ASC 820 valuation process and its impact on complicated transactions.
Our recommendation? Start valuation early in the process to help avoid future audit and compliance issues. ASC 820 requires reporting of assets at fair value, accounting for factors like where the transaction occurred, degree of risk, the participants, and the asset itself. Companies should consult with their auditor to help them decide whether a third-party valuation expert should provide the financial reporting and determine fair value.
Valuation of Illiquid and Other Complex Financial Assets
Cendrowski Corporate Advisors can also value illiquid assets for private equity portfolio needs, determining the market value of the plan and finding market values for inactive markets. The FASB defines fair value as โthe price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.โ
Our valuation and financial reporting services extend to both private companies and public companies in any industry that requires a proper โfair valueโ valuation, including:
- Purchase price allocations
- Intangible asset valuation
- Goodwill impairment valuation
- Equity-based compensation
- Fair value measurement
- Intangible asset impairment
Client Success: Financial Reporting for Commercial Real Estate Investor
Cendrowski Corporate Advisors was engaged by a commercial real estate investor to determine all lender reporting requirements on their portfolio of properties. Our team reviewed all mortgage documents to determine each lenderโs specific requirements, creating a comprehensive spreadsheet of all propertiesโ reporting requirements and due dates. The client received one convenient tool for anticipating future reporting requirements to meet lender requirements proactively.