Valuations for Financial and Tax Reporting
At Suncorp Valuations, we offer a comprehensive suite of valuation and advisory services designed to meet the diverse needs of businesses. From mergers and acquisitions to tax reporting, asset transfers, and economic impairment assessments, our expert team ensures compliance and accuracy at every stage of the business cycle.
Comprehensive Valuation and Advisory Services
In today’s dynamic global business environment, organizations face increasing regulatory demands and stringent audit requirements, especially during mergers, acquisitions, corporate restructuring, or fresh start accounting. Suncorp Valuations has a long-standing reputation for guiding clients through these challenges with precision and expertise.
We provide accurate, timely property and business valuations tailored to financial and tax reporting needs. Our thorough reports meet the highest standards required by regulatory bodies and third-party reviewers. When necessary, our valuation professionals also serve as expert witnesses in disputes or legal proceedings, delivering defensible and unbiased testimony.
Expertise in Financial Reporting Standards
Our certified specialists excel in valuations for tangible and intangible assets while adhering to global accounting standards, including:
- International Financial Reporting Standards (IFRS)
- Accounting Standards for Private Enterprises (ASPE)
- Canadian and U.S. Generally Accepted Accounting Principles (GAAP)
- Financial Accounting Standards Board (FASB) Standards
Specialization in Business Combinations
Strategic mergers and acquisitions require precise reporting under frameworks such as IFRS 3 and FASB ASC 805. We excel in valuing tangible and intangible assets for purchase price allocations, ensuring compliance with Fair Value standards and tax requirements.
Suncorp has completed over 50,000 appraisals.
The Suncorp Advantage
Our hands-on approach sets us apart. As one of North America’s largest valuation teams, we conduct on-site asset verifications using dual methods:
- Floor-to-Book: Confirming physical assets match records.
- Book-to-Floor: Ensuring recorded assets are accounted for on-site.
This meticulous process provides a solid foundation for valuations using Market, Cost, and Income approaches, surpassing desktop methods in accuracy and defensibility.
Suncorp is one of North America’s most experienced industrial appraisal firms.
Other Financial Reporting Services
Suncorp Valuations offers a range of services for one-time or recurring business needs:
- Tax Reporting: Accurate Fair Market Value (FMV) assessments for corporate reorganizations, estate freezes, shareholder deaths, charitable donations, or tax audits.
- Pre-Acquisition Due Diligence: Asset verification, condition assessments, and FMV determinations to mitigate risks and ensure informed decision-making during acquisitions.
- Fresh Start Accounting: Compliance with ASC 852 for U.S. companies emerging from bankruptcy, providing precise asset and liability valuations.
- Intercompany Asset Transfers: Accurate valuations for internal asset transfers across locations, maintaining compliance and operational efficiency.
- Corporate Planning & Restructuring: Valuations for scenarios such as “in-continued use” or liquidation, supporting strategic planning and compliance.
- Measurement of Economic Impairment: Reliable evaluations to assess and address asset value reductions due to market or operational challenges.
Our business is value.
How can we help you?
With more than 40 years in the industry, our team of experienced appraisers can meet all of your valuation needs.