Commodity giant Glencore Xstrata recorded a goodwill impairment charge of $7.7 billion for its mining operations during the reporting period ended June 30, 2013. The writedown is a good reminder that value can change quickly, and there is no “bright line” regarding how soon an asset may be subject to impairment.
The Financial Reporting Blog
A weekly update on financial reporting topics curated by Mercer Capital’s Financial Reporting Valuation professionals.
Cambridge Associates and the National Venture Capital Association recently released a study of more than 1,400 U.S. venture capital funds.
There’s an interesting phenomenon going on in the M&A markets so far in 2013. Valuations are pushing higher despite an overall slowdown in deal-making activity and higher proportions of equity relative to pre-financial crisis levels.
- Bankruptcy and Restructuring Advisory
- Equity-Based Compensation Valuation
- Fair Value
- Impairment Testing
- Portfolio Valuation
- Purchase Price Allocation