Financial Reporting

1. Determining the value of an asset or liability for its recording in the statement of financial position;
2. Allocation of the purchase price of a business;
3. Impairment testing;
4. Classification of leasing contracts.

Asset valuation
As part of the valuation for financial reporting, we estimate the fair value of tangible assets such as land, buildings, machinery and equipment, as well as intangible assets such as trademarks, patents, software applications. Also, the participations held by the subject company in the capital of other companies may be revalued to reflect the fair values ​​of these holdings in the annual financial statements.

Valuation for Purchase Price Allocation (“PPA”)
‍Following a business combination, i.e. the acquisition of a controlling interest in one or more businesses, IFRS 3 requires the acquirer to account for the transaction by recognizing the separately identifiable assets acquired and the liabilities assumed at fair value. Our experience in the financial field, together with our extensive knowledge of various industries, leads to the correct assessment of each component of the transaction.

‍Impairment testing
‍The value of a company's assets, both tangible and intangible, could be affected by external economic conditions and volatile financial markets. As a result, according to IAS 36, an entity must re-analyze the different categories of assets, at each statement of financial position date, to determine whether there is any indication that the asset may be impaired. FairValue offers valuation services for performing impairment testing of goodwill, tangible assets and intangible assets.
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Valuation of the asset or liability under a leasing contract
‍Under IFRS 16, leases are classified for inclusion in the lessor’s financial statements as either operating leases or finance leases. Valuations may be required, for example, to determine how to classify a lease for the lessor or to record right-of-use assets at fair value for the lessee.