The importance of Purchase Price Allocation when buying or selling business assets.
Have you recently purchased or acquired another business? Congratulations! Did you know that a merger or acquisition often involves additional tax and financial reporting requirements? One of the most common reporting requirements is a Purchase Price Allocation (PPA).
Why is it essential to get your PPA right, and how can ICS help you with it?
Purchase Price Allocation impacts the balance sheet, the income statement through depreciation and amortization, and ultimately profits, which impact taxes paid and returns on investment. ICS Asset Management Services has substantial experience with Purchase Price Allocation valuations. Our clients have ranged from large businesses with millions of dollars in assets to smaller businesses experiencing consistent, rapid growth. Our team includes accomplished professionals who are qualified, certified appraisers who provide a high level of service, and strive to do it best!