Financial Reporting

Accounting standards continue to evolve over the past decade – one key objective is to enhance clarity on fair value reporting requirement. Consequently, there is an increasing demand for various valuation exercises in order to meet financial reporting requirements and comply with the requirements under various accounting standards. 

Under IFRS/HKFRS 36, companies are expected to perform test for impairment on an annual basis or during a business combination.   ValQuest has extensive experience in the area of impairment testing and works closely with management to assess the values of tangible and intangible assets.

Expected credit loss accounting under IFRS/HKFRS 9 is another focus area that is expected to bring challenges to entities during course of financial statement preparation. It involves an assessment on credit provision on receivables and other financial assets that is held by entities. ValQuest has extensive experience in this area and developed proven in-house models in order to help our clients to overcome challenges in quantifying expected credit loss and satisfy the relevant accounting requirements.

Relevant reading: See “Asset Valuation” section for further details on our services in Impairment Testing.

  • Debt / Convertible Bond
  • Employee Stock Option
  • Preferred Share
  • Derivative
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  • Equity Value
  • Preferred Share
  • Private Equity / Venture Capital
  • Fund Portfolio
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  • Impairment Testing
  • Purchase Price Allocation
  • Contingent Consideration
  • Expected Credit Loss
  • Incremental Borrowing Rate
  • Fund Portfolio
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  • Equity Value
  • Preferred Share
  • Private Equity / Venture Capital
  • Intangible Asset
  • Natural Resources
  • Property
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  • Intangible Asset
  • Natural Resources
  • Property
  • Intellectual Property Valuation
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  • Expert Reports and Expert Witness in Courts
  • China Statutory Report
  • China Tax Filing Report
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