Purchase Price Allocations (ASC 805)
Purchase Price Allocations (ASC 805) – For GAAP financial reporting purposes the fair value of the assets and liabilities of an acquired business must be determined in accordance with FASB ASC 805, Business Combinations, and FASB ASC 820, Fair Value Measurements and Disclosures. The intangible assets of the acquired entity generally must be determined by an independent valuation of the identifiable intangible assets and goodwill.
Cogent Valuation’s clients rely on our sophisticated modeling of the intangible assets which provides supportable allocations of fair value for their opening balance sheet. Our thorough and thoughtful analyses are relied upon by our clients and their audit teams.