Value can exist in different forms, whether as tangible or intangible assets of a business, an investment or intellectual property. In today’s global economy where opportunities exist at every level, it is important that companies have the ability to assess whether these opportunities/transactions are value enhancing or destructive to the business.
It is because of this that valuations are a critical component in the decision making process for mergers and acquisition transactions, tax structuring, dispute resolutions, corporate restructuring and accounting or financial reporting.
Valuation can be controversial and subjective so an independent and robust opinion which will stand up to scrutiny is necessary. Additionally, changes within the global business environment in recent years have necessitated the use of professional valuation expertise.
PwC provides valuation support to our clients engaged in merger and acquisition activities. Leveraging on our industry knowledge held by our industry specialists, we not only take into account characteristics which are specific to a particular industry or country but also the strategic objectives our clients have for the particular transaction. It is with this specialist knowledge and understanding of our client’s needs that enable us to conduct valuations from a commercial perspective.
We provide valuation support to our clients engaged in merger and acquisition activities and offer the following services:
Considerable changes in Financial Reporting Standards call for specialist valuation services that both understand the specific accounting implications and the wider commercial context in which those accounting valuations apply.
For example, the implementation of new reporting standards may in some cases necessitate the valuation of intangible assets as well as dictate the amount of goodwill recorded in a company’s financial statements. This impacts the financial result of companies, especially those that are active in merger and acquisition activities which may have to recognise large amounts of goodwill in their financial statements.
We provide valuation support services to assist our clients in determining the value of intangible assets as well as deriving a fair value of the financial assets and liabilities. Some of the services which we provide to our clients include:
In the event of a dispute, an independent valuation may help resolve issues swiftly. PwC provides credible and defensible expert valuation opinion and reports to support our clients’ viewpoints and positions in disputes, arbitration and litigation proceedings. We also provide expert witness and valuation for litigation support.
Your business may consider tax planning/structuring from time to time and may require valuation analysis for submission to the tax authorities. PwC can help you prepare a defensible and commercially practical valuation analysis to support your tax submission requirements. We also assist with intellectual property valuation for tax incentive purposes.
Johnathan Ooi Siew Loke
Partner, Deals and Consulting Services Leader, PwC Vietnam
Tel: +84 28 3823 0796