Our company provides opinion letters and valuation services for annual testing of intangible assets set up by insurance companies.
Services include valuations for loss recognition tests for FASB Statement No. 142. FASB No. 142 prescribes that an intangible asset with an indefinite life should not be amortized, but instead should be tested for impairment on at least an annual basis. This applies to the value assigned to the purchase price for licenses in the acquisition of a "shell" insurance company.
Additional services include fairness opinions on inter-company and controlled group transactions.
David Schofield President
M&A Valuations Services Inc