To be aware about the liquidation or to maintain liquidity in the business, it is very important to adopt accounting valuation. Primarily, it helps in assessing the value of all the assets. Apart from this, valuation also comprises study of different investment rules, decisions in capital budgeting, corporate governance and market efficiency. Valuation becomes even more important when companies globalize and are exposed to multiple risks in various countries.
Generally Accepted Accounting Principles (GAAP) are normally followed during valuation, thus professional help becomes essential. International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) have introduced many significant changes about how the accounts are to be presented and how different assets are to be valued. For example, IFRS has modified the way assets are to be valued for acquisitions. Goodwill is now tested for impairment annually and a range of financial assets also need to be valued under IAS. These changes have definitely brought up the need for professionals and specialists as advisors for accounting valuation.>
At PK Chopra we furnish integrated advice to all our clients. Individual attention is given by professionally qualified staff. We also offer you with other services like maintenance of general and subsidiary ledgers, accounting for “new issue” class of shares, management and performance fee calculations, partnership allocation accounting and other essential services required.