Newmark VA Brochure 2022 - Flipbook - Page 7
Financial Reporting
Our Financial Reporting group’s property-specific insight and comprehensive
knowledge of reporting standards empower us to deliver strategic guidance
to multinational corporations, financial institutions, public and private
REITs, private equity groups and funds. The practice also serves attorneys,
consultants and stakeholders for estate tax planning and filing involving
fractional interests.
Led by a team of regional experts, Newmark’s Financial Reporting practice
takes a holistic, consultative approach to meeting the needs of its clients.
The team’s focus extends beyond real estate to include other tangible
assets, including machinery, technical equipment and personal property.
In addition, the team analyzes intangible assets, including noncompete
clauses, patents, contracts and customer loyalty programs. Our
comprehensive methodology is refined and customized for each client and
scalable on a regional, national or international basis.
Estate tax planning and filing opportunities often require valuations
of fractional ownership interests reflecting discounts for lack of control
and marketability. Newmark’s Financial Reporting practice presents
objective analyses within reports that effectively communicate their findings
and meet IRS requirements.
The Financial Reporting group’s primary service
offerings include:
FASB/IASB Fair Value Reporting
Financial disclosure for internationally and U.S.-based
businesses.
Purchase Price Allocations
Valuation services required following merger
and acquisition activity.
Assurance and Benchmarking
Independent analysis of key performance indicators,
assumptions and procedures related to client-generated
and third-party valuations.
Long-Lived Asset Impairment Testing
For clients addressing adverse changes in market price,
physical condition or business climate that may impact
long-lived assets.
Fresh Start Accounting
Assisting clients with reorganization and emergence
from bankruptcy.
Lease Valuation (ASC 842/IFRS 16)
Navigating a new standard that impacts how businesses
account for leases.
Debt and Loan Valuation
Fair value of existing or acquired debt on a mark-to-market
accounting basis.
Partial or Fractional Interest Valuations
Services typically associated with federal gift or estate tax
compliance, estate planning and intergenerational wealth
transfer.
Machinery and Equipment
Valuing furniture, fixtures, machinery and equipment for
collateral financing, property tax, insurance, underwriting,
tax planning, asset disposition, internal planning, fixed asset
management and litigation support.
N E W M A R K VA L UAT I O N & A DV I S O RY
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