Financial Reporting

Fair value reporting is an integral part of financial disclosures, intended to increase the consistency and comparability of fair value estimates in financial reporting.

Fair value measurement is not a static discipline. New valuation methodologies are continually being created and refined. Our team monitors these developments to ensure its modelling techniques reflect the most current standards and are driven by well-supported assumptions.

Comprehensive rules surround allocations within business combinations and/or asset acquisitions.

V&A’s Financial Reporting team, combined with Newmark’s financial advisory capabilities, can help clients manage the challenges of executing an acquisition or merger as well as determine the newly merged company’s opening balance sheet.

Regulatory enforcement has increased the need for independent third-party analyses of valuations performed in-house.

Our Financial Reporting team works with boards, market participants, lenders and brokers to assess investor assumptions and determine whether analyses have been conducted in accordance with accepted standards and client requirements. We also design valuation policies and procedures, and help decide which assets require assurance vs. appraisal reports.

An asset impairment occurs when the fair value of an asset suddenly drops below its recorded or carrying cost. Many factors can lead to the impairment of an asset, such as a change in its physical condition, shifting economic or legal factors, or the softening of the market.

Our Financial Reporting team can accurately and efficiently perform qualitative and quantitative analysis to assess the recoverability and fair value of long-lived assets, including property, industrial plants and equipment.

Emerging from bankruptcy is one of the most complex and demanding accounting challenges an organization can face, and imposes considerable demands on the management team.

Our global platform provides on-the-ground valuation expertise across all industries and geographies to assist companies of every kind as they emerge from Chapter 11 bankruptcy.

New lease accounting standards in FASB (ASC 842, Leases) and IASB (IFRS 16, Leases) represent some of the most significant changes in lease accounting in decades. ASC 842 requires entities to report most operating leases on their balance sheet and recognize a Right of Use asset and liability equal to the present value of the rent over the lease term, exclusive of those with terms of less than 12 months.

Sale-leasebacks are unique transactions that require substantial control tests. Newmark V&A Financial Reporting can help clients navigate the aspects of sale-leasebacks to determine how the lease agreement is recognized by the lessee and lessor. Our experts assist companies in assessing their current lease process, including identification of all leases and their current status. Whether classified as an operating or finance lease, our team will provide an end-to-end solution for lease accounting.

Debt and loan valuation requires an independent fair value associated with the debt portfolio.

Debt and loan valuation may be required in conjunction with FASB or IASB guidelines, periodic mark-to-market practices or for internal monitoring purposes. Our team is able to tap into capital markets knowledge through Newmark’s capital markets practice, Cantor Fitzgerald, CCRE and Berkeley Point, in order to present real-time data related to lending activity for all property types.

Partial or Fractional Interest Valuation services may be required to assist in a variety of estate tax planning issues and for support in mergers and acquisitions, litigation and disputes. Our team can value partial or fractional interests effectively based on our extensive real estate experience and knowledge related to control premiums and discounts for lack of control and marketability.

V&A’s Machinery & Equipment group is a team of highly experienced industry appraisers with more than 15 years of experience valuing machinery and equipment for both domestic and international entities. Our talented professionals have expertise in a vast array of industries including consumer and industrial products, printing, pharmaceutical manufacturing, telecommunications, energy and natural resources, automotive, food and beverage processing, retail, hospitality and healthcare.

The Machinery & Equipment team is equipped with proficient field experience, extensive industry knowledge and analytical modelling skills to ensure delivery of robust and timely deliverables. Our team’s capabilities extend beyond financial reporting to providing appraisals for transaction consideration, insurance requirements, financing and loan collateral support, asset disposition and liquidation analysis, property and transfer tax support, internal planning, fixed asset inventory and management, and litigation support.