Cases & Stories
We get to the bottom of things and focus on what really matters
Business valuation is not just a mathematical exercise. In our assessments, we include everything that truly matters. This often involves issues like corporate reputation, governance, or management quality. We believe top-tier valuations are only possible when you’re actively engaged in research and knowledge exchange. Regular publications and speaking engagements round out our profile. We live and breathe “Value Discovery.”
Cases
We offer a broad range of services related to business valuation. Here you can find a selection of cases from our various valuation areas:
Legal and statutory reasons
Corporate, tax, family, inheritance and accounting matters
Distressed Valuation
Valuation of companies in crisis or in crisis situations
Academic and business appraisals
Complex scientific appraisals and special business analyses
Valuation and analysis for financial investors
We offer all services in the area of fairness opinions and balance sheet analyses.
Valuation and succession
Business valuations in the context of succession planning
Complex structures and financial instruments
Valuation of structured financial products & capital structures
Valuation of start-ups and intangibles
Dedicated start-up valuation for investors and valuation of intangibles
Reporting
We provide support in the preparation of investor-orientated annual reports and other reports.
Stories
When Standard Setters are too slow: The Case for Tesla’s 1.5 bn USD Bitcoin Accounting
(Not only) in my opinion, the seminal and still most relevant paper about bitcoin…
SNP’s Profit Warning and its Order Book: Oh Revenue, where Art Thou?
Schneider-Neureither & Partner SE (SNP) is a German software company, mainly…
Understanding ESOPs (2): How Ocado magically palmed 63.6 mio GBP of Expenses
In one of our former blog posts we had a look at the accounting functioning of…
European Banks and the Q3/20 IFRS 9 Overlay – Fundamental vs. Technical Input to Accounting
As a consequence of the experiences made during the great financial crisis 2008/09…
SBM Offshore’s “Directional Accounting”: Read-Across to IASB’s Disclosure Project (and to IFRS 10/11)
In 2011, the International Accounting Standards Board (IASB) disclosed a whole…
Is Proximus Tackling IFRS too Hard? – The Belgian Football Broadcasting Rights Accounting Dispute
Belgian football is one of the most attractive in the world, even though the…
Understanding Stock Options – Basic Techniques
Dealing with stock options (employee stock options ESOs or employee stock option…
Equinox’ Share Purchase Warrants: What a Difference an Issuing Motivation (and a Currency) makes!
Equinox Gold Corp (EQX) is a Vancouver, Canada, -based mid-tier gold producing…
Babcock’s strange JV Reporting: Catch-Up Effects, omitted Revenues and overshooting Margins
London-based Babcock International Group Plc. is a multinational engineering support…
Coronavirus: Ryanair’s Unconventional “No Shows” Accounting
It is not a big secret that coronavirus has hit the airline industry massively.…