An asset allocation appraisal provides a basis for establishing the value of tangible and intangible assets of a company for accounting, tax, insurance, transactional, and other purposes according to Accounting Standards Codification (ASC) Topics 350, 805, 810, and 820. Knowing the value of a client's assets is essential to ensure accuracy in financial reporting and optimization of tax benefits of an acquisition, to structure like-kind exchange transactions, and to determine depreciation and amortization of the assets.
Bond & Pecaro assists clients by making due diligence inspections of operating facilities and providing estimates of asset values for the purchase price allocation. Through a consultation, the firm's staff can provide guidance to clients in the acquisition planning and contract negotiation process that can enhance the future financial performance of a property.
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