Purchase Price Allocation are primarily required by IFRS and HKAS for all acquisitions under accounting purposes. PPA is the identification and assignment of the fair market value of all tangible and intangible assets and liabilities of a business acquisition as at the date of closing. The difference between the purchase price and the sum of the assets and liabilities recognized as goodwill.

Under IAS 36, goodwill and all identify tangible and intangible assets and liabilities are periodically tested for impairment after initial recognition. The annual impairment test for a cash-generating unit to which goodwill has been allocated may be performed at any time during an annual period, provided the test is performed at the same time every year. If some or all of the goodwill allocated to a cash-generating unit was acquired in a business combination during the current annual period, that unit shall be tested for impairment before the end of the current annual period.

Our experienced professionals are part of a worldwide network with experience in a wide range of valuation issues. We specialize in the identification and valuation of intangible assets, our expertise provide professional services of the highest standard with high quality valuation report and business model under PPA and Goodwill Impairment Testing.

We provide an independent and objective valuation service and reach valuation conclusion based on generally accepted valuation methodologies, and IFRS / HKFRS Accounting Standards, of which the deliverables such as Valuation Report and Business Model are in a format suitable to auditors, Hong Kong Stock Exchange and other regulatory bodies.