Valuation for Financial Reporting (PDF)

Valuation for Financial Reporting: Intangible Assets, Goodwill, and
Impairment Analysis provides guidance and insight in the
identification and measurement of intangible assets and goodwill
pursuant to the Financial Accounting Standards Board Statements of
Financial Accounting Standards (SFAS) No. 141, Business
Combinations and (SFAS) No. 142 Goodwill and Other Intangible
Assets.

The new rules are sweeping and complex. Valuation for Financial
Reporting will bring clarity to CFOs, auditors, valuation
professionals, and CPAs by explaining the valuation aspects of the
new financial reporting requirements, including how to identify the
characteristics of goodwill and intangible assets, determine if
impairment has occurred, and employ specific methods to assess the
financial impact of such impairment.

While numerous articles and commentaries on the subject have
appeared dating back to the time the FASB began considering the
issue, Valuation for Financial Reporting is the first to provide
"real world" examples of the valuation techniques and methodologies
required to perform a purchase price allocation under SFAS No. 141
and an impairment study under SFAS No. 142. Valuation for Financial
Reporting will help lift the veil of mystery surrounding these two
important pronouncements and provide a practical guide for their
implementation.

This book:

* Shows the CPA and client how to apply the new SFAS 141 rules that
pertain to all companies involved in an acquisition (buyer or
seller) by analyzing and valuing the tangible and intangible assets
acquired.

* Teaches the CPA and client how to apply the new SFAS 142 rules
that pertain to all companies that recognize and measure intangible
assets and goodwill which may now be impaired

* Presents detailed case studies and examples on how to apply and
implement SFAS 141 and SFAS 142

* Provides a "How To" on the identification and measurement of
intangible assets.

* Includes a checklist for controlling the gathering of data
necessary for the analyses and another checklist guiding the work
program for methodologies

* Offers guidance and examples for financial reporting purposes.