ISO 9001 Certified in Valuation Advisory

ISO 9001 Certified in Valuation Advisory

Financial Reporting IFRS HKFRS

Valtech’s valuation completed ECL for a Hong Kong-based media company

2023-11-09T04:37:12+00:00November 9th, 2023|Categories: ECL Assessment, Financial Reporting IFRS HKFRS|Tags: , , , |

We invested a significant amount of time in identifying suitable market benchmarks to determine loss rates for these counterparties. Given the diverse nature of these counterparties, including differences in industry, nature, and size, our team faced challenges in developing a systematic approach to derive objective results.

Valtech Valuation Calculator for Long Service Payment (LSP) and Severance Payment (SP)

2024-03-22T07:40:42+00:00October 19th, 2023|Categories: Financial Reporting IFRS HKFRS|Tags: |

Valtech Valuation has updated and enhanced their LSP valuation model based on Projected Unit Credit Method, making reference to the HKICPA issued comprehensive guidance for the accounting for the impact arising from the abolition of the Mandatory Provident Fund (MPF)-Long Service Payment (LSP) offsetting mechanism (the "Abolition") on entities in Hong Kong. Past service cost should be recorded in the year of enactment of the Amendment Ordinance.

Common Problems and Deficiency in Expected Credit Loss Evaluation (ECL) ASC 326 IFRS 9

2023-06-15T04:09:06+00:00June 15th, 2023|Categories: Business Valuation, Financial Reporting IFRS HKFRS, IPO / Pre-IPO Case|Tags: , , , , |

One common error in expected credit loss (ECL) evaluation is the failure to adequately consider forward-looking information. ECL estimation requires assessing not only historical data but also future expectations and economic conditions. Failing to incorporate forward-looking information can lead to an underestimation or overestimation of credit losses.

Valtech Valuation Completes Valuation on Financial Guarantee Contracts

2023-02-07T08:55:34+00:00February 7th, 2023|Categories: Financial Reporting IFRS HKFRS|Tags: , |

Valtech’s valuation team has recently completed series of fair value assessment on financial guarantees contracts guaranteed by the subsidiaries of a large-cap PRC energy company. In this valuation, we have exercised due care in analyzing the cash flows of the underlying clean energy projects in order to determine their likelihood of delay / default

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