We can help to value your illiquid assets for your private equity needs portfolio needs. We can determine the market value of your plan as well as find market values for inactive markets. Our services extend to both private companies as well as public companies and extends out to any industry in need of a proper “fair value” valuation. The FASB defines fair value as “the 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”.
The ASC 820 valuation process is a complicated one and it is best to make sure that you start early with the process to avoid any audit and compliance issues. ASC 820 requires the reporting of assets at fair value accounts for factors like the where the transaction occurred, degree of risk, the participants as well as the asset itself. Companies should consult with their auditor in regards to valuation issues and determine whether or not a third-party valuation expert should determine the fair value.