About "US Capital Markets and Accounting Advisory Services"
The PwC US Capital Markets and Accounting Advisory Services practice helps companies face a myriad of complex issues – related to acquisitions, divestitures, consolidations, bankruptcy, restatements, debt / equity offerings, changes to accounting methods, stock compensation, and more.
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- Evaluating environmental liabilities and their impacts on future earnings (Observations from the front lines)
5/12/14 | US Capital Markets and Accounting Advisory Services
Unexpected expenditures and accounting adjustments – like those arising from environmental obligations – can dramatically impact capital budgeting and future earnings. Companies have found that practices vary widely across sectors and both engineering and accounting expertise are critical in assessing environmental obligations.
- Private company accounting alternatives on goodwill (Observations from the front lines)
3/25/14 | US Capital Markets and Accounting Advisory Services
Recently the FASB issued an Accounting Standards Update to permit private companies to amortize goodwill acquired in a business combination, and to apply a simplified goodwill impairment model. This change is intended to help reduce reporting complexity for private companies; however, private companies should carefully consider this alternative, especially for those considering an initial public offering.
- Private Company Platforms – NYSE ACE Portal & NASDAQ Private Market (Observations from the front lines)
2/13/14 | US Capital Markets and Accounting Advisory Services
The broadening of private company securities sales has helped drive the development of two new offerings from the NYSE and NASDAQ OMX. Both solutions, although different in approach and focus, are designed to provide a platform and market structure for private companies to manage and conduct the sale of private company securities.
- Being prepared in a hot IPO market (Observations from the front lines)
1/23/14 | US Capital Markets and Accounting Advisory Services
Strong demand for IPOs continued in the fourth quarter of 2013, capping a robust year for the capital markets and setting the stage for continued growth in 2014. The window for raising capital in a robust IPO market tends to open with bursts of popularity then close quickly. This requires a constant state of readiness for the required IPO document that is filed with the Securities and Exchange Commission “SEC”. Don’t let unforeseen financial reporting items be the road block to accessing the IPO markets.
- Strategic Divestiture Alternatives – An efficient structure re-emerges (Observations from the front lines)
12/17/13 | US Capital Markets and Accounting Advisory Services
The re-emergence of a Mergers & Acquisitions (“M&A”) technique known as a “Reverse Morris Trust” (“RMT”) has proven to provide some unique advantages over other strategic alternatives as a vehicle for divesting divisions or a separate business. Companies considering a divestiture should become knowledgeable on the recent comeback of this strategic alternative so they can actively engage in conversations with their advisors.
- A higher bar for reporting discontinued operations (Observations from the front lines)
7/10/13 | US Capital Markets and Accounting Advisory Services
The FASB issued a proposal to change the criteria and reporting requirements for discontinued operations while adding new disclosures for individually material dispositions that do not qualify as discontinued operations. Companies should consider how the proposed standard impacts their communication plan to investors.
- Standard setters revisit push down accounting requirements (Observations from the front lines)
2/21/13 | US Capital Markets and Accounting Advisory Services
Push down accounting refers to instances in which an acquiring entity (or parent company) pushes its new basis down to the stand-alone financial statements of an acquired entity. The Emerging Issues Task Force (EITF) is in discussions regarding the circumstances that drive a change in accounting basis or an acquired entity's stand-alone financial statements. Potential changes could result in more instances where push down accounting is required.