FAS 141R: Valuing Contingent Assets and Liabilities
Mastering Valuation Standards for Mergers, Acquisitions and Combinations
Recording of a 110-minute CPE webinar with Q&A
This course will provide advisors with best practices for complying with FAS 141R standards for accounting for business combinations and their 2009 revisions, including the valuation of contingent assets and liabilities recognized during mergers and acquisitions.
- FAS 141R-1 revisions to merger and acquisition accounting
- Definition of contingent assets and liabilities
- Determining the recognition date for contingencies
- Valuation of recognized contingencies at fair value
- Valuation of unrecognized contingencies under FAS 5
- Disclosure requirements for contingencies with known and unknown recognition dates
- “Nature of contingencies” disclosures
- FAS 5 disclosures
- Disclosures eliminated under the revisions
- FAS 141R and FAS 160 considerations
- FAS 141R
- Definition of a business provisions
- Coping with same-period disclosures
- In-process R&D capitalization
- Expensing acquisition costs
- FAS 160
- FAS 141R
The panel will offer best practices for following FASB's valuation standards for mergers and acquisitions, addressing key topics such as:
- Determining the appropriate recognition date for contingent assets and liabilities.
- Following the appropriate valuation model, once the recognition date is determined.
- Accurately completing the disclosures required for recognized contingencies.
- Profiting from lessons learned from FAS 141R and FAS 160 thus far.
Vice President of Technical Accounting
Pluris Valuation Advisors
In his position with the firm, he is in charge of resolution of technical accounting issues as they pertain to... | Read More
In his position with the firm, he is in charge of resolution of technical accounting issues as they pertain to valuation clients and manages relationships with audit professions. Before coming to Pluris, he was head of technical accounting at Cowen and Co., a senior technical accounting advisor for Credit Suisse, and worked for Big Four firms.Close
Mark T. Plichta
Foley & Lardner
He works in the Transactional and Securities Practice with Foley & Lardner. He specializes in the areas of... | Read More
He works in the Transactional and Securities Practice with Foley & Lardner. He specializes in the areas of mergers and acquisitions, securities law, and general corporate business law.Close
William T. Berry, Jr.
Cherry, Bekaert & Holland
He has more than 20 years of accounting and finance experience and is a member of the firm's Commercial Finance Group,... | Read More
He has more than 20 years of accounting and finance experience and is a member of the firm's Commercial Finance Group, working with accounting for business combinations and complex equity transactions. He also is lead audit partner for the firm's Richmond office.Close
He is the national practice leader for the firm's implementation of new business combination standards, and also is... | Read More
He is the national practice leader for the firm's implementation of new business combination standards, and also is attached to its Technology Industry Group. He has worked on numerous business combinations and dispositions, has 20 years of corporate client experience, and currently also is attached to the firm's National Accounting Consulting Services Group.Close
David Gaynor, II
Pluris Valuation Advisors
He works on business development and management matters for the firm, concentrating on valuations for financial... | Read More
He works on business development and management matters for the firm, concentrating on valuations for financial reporting among other topics. Previously in his career, he has worked in valuations for Management Planning Inc., Valuation Research Corp. and Crowe Chizek and Co.Close