Understanding the current value of a corporation is an important factor in nearly every financial decision, especially in this era of active mergers and acquisitions. Evaluating a company’s value is complicated and can be dependent on many real-time factors. Recently, company values have varied wildly over a few months or even weeks.

SMART’s Business Valuation professionals hold specialty certifications in valuation, and our reports comply with the valuation standards set forth by the AICPA. We have valued companies from large middle-market to closely-held family businesses in a broad spectrum of business sectors. Valuation services are provided to businesses for all stages of the business life cycle from startup to maturity and transition. Whether the goal is to explore merger and acquisition options, satisfy reporting requirements, or complete a transaction, we help our clients achieve meaningful results.

Our corporate valuation advisory practice is distinguished from competitors by our experience and training, multiple valuation certifications and designations, and the ability to perform sophisticated valuation analyses that have consistently satisfied the requirements of government authorities and auditors. SMART’s valuation professionals are experienced in the valuation of private companies and public company reporting units and their acquired or distributed assets, such as:

• Intangible assets and non-compete agreements for purchase price allocations under FAS 141 and tax reporting under Internal Revenue Code (“IRC”) §280(g);
• Intangible assets for impairment testing under FAS 142;
• Restructured debt and debt for equity swaps for FAS 15 and FAS 115;
• Complex debt instruments for FAS 133 and FAS 159;
• Convertible preferred stock for IRC §83(b);
• Employee stock options, warrants, and restricted stock for IRC §409A and FAS 123(R) compliance

We subscribe to numerous industry, public, and private market transaction databases to quickly obtain and organize the market-based measures that are now required by the Financial Accounting Standards Board and Securities and Exchange Commission to substantiate valuation estimates for financial reporting purposes. What sets SMART apart from other advisory firms is our ability to focus the expertise of our valuation, tax, and accounting professionals on the most challenging reporting issues encountered by chief financial officers who are faced with the recurring tasks of meeting reporting deadlines, responding to auditor demands, and defending tax positions. 

Our services include:

• Transaction support
• Financial and tax reporting
• Certifications