Business Valuation Services for Impairment Testing of Goodwill and Assets
Valuation for Impairment Testing
Various accounting and reporting standards stipulate that an entity should ensure that its assets are carried at no more than their recoverable amount.
To comply with this stipulation, impairment testing studies have to be carried out as per applicable standards as part of business valuation.
Impairment testing is also a desirable tool to maintain the confidence of investors and other stakeholders in a business.
At RNC, we possess the specialized knowledge and expertise required to provide clients with independent opinion through valuation of goodwill, tangible and intangible asset valuation for impairment testing purposes.
Impairment testing calls for across the board expertise of asset valuers to test the impairment of goodwill, brand value, other intangible assets as well as tangible assets.
Impairment analysis provides re-measurement of tangible assets, intangible assets or goodwill pursuant to the financial reporting requirement under Ind AS, IFRS or US GAAP.
RNC, with its extensive knowledge and globally-recognized business and asset valuation methods, has carried out numerous complex and challenging assignments for impairment testing.
Credentials
Tata Automotive Stampings and Assemblies Ltd
Valuation of specified assets for Impairment testing.
Thermax Babcock & Wilcox Energy Solutions
Valuation of specified assets for Impairment testing.
Nirlon Knowledge Park
Valuation of assets for the purpose of Financial Reporting.
Yokohama India Private Limited
Valuation of assets for the purpose of Financial Reporting.
Cipla BioTec Private Limited
Valuation of specified assets for the purpose of Financial Reporting.
APL Apollo
Valuation of Tangible assets of the company for Financial Reporting.
To speak to our Valuation Experts, Schedule an appointment.
FAQs
1. What is impairment testing?
It checks whether an asset’s carrying value exceeds its recoverable value.
2. Why is impairment testing required?
To comply with Ind-AS, IFRS, and SEBI reporting standards.
3. Who conducts impairment valuation in India?
IBBI Registered Valuers or valuation firms with audit expertise.
4. How often should impairment testing be done?
At least annually, or when asset values show decline.