Expertise in Impairment Testing
At Valtech, we specialize in turning complex valuation challenges into actionable strategic outcomes. Our recent impairment testing engagement for a Hong Kong-based environmental hygiene service company exemplifies our technical rigor in identifying and quantifying asset risks—ensuring financial transparency and compliance while unlocking opportunities for value preservation.
Project Highlights
In this engagement, our dedicated team of valuation experts conducted a thorough assessment of goodwill impairment for our clients within the environmental hygiene sector. The goodwill impairment assessment process undertaken by our team adhered to deep industry practices and standards set forth by regulatory bodies and professional valuation associations. Our approach integrated robust financial modeling techniques, including discounted cash flow (DCF) analysis, comparative company analysis, and industry analysis, to assess the fair value of goodwill and identify impairment indicators.
Furthermore, our valuation specialists applied their expertise in financial accounting standards, such as IAS36 and HKAS36, to ensure compliance and accuracy in the impairment testing process. Throughout the engagement, we fostered a collaborative relationship with auditors to facilitate a comprehensive review process that enhanced confidence in the integrity of our valuation assessments.
Why Clients Trust Valtech for Impairment Testing for Financial Reporting
About Valtech Valuation
Valtech Valuation is a professional valuation firm accredited with ISO-9001 in valuation advisory services. The firm is renowned for its expertise in advanced valuation techniques, customized valuation models, data-driven insights, and adherence to compliance and reporting standards. The firm has a solid track record in valuation advisory for listed companies, private equity, fund managers, and financial institutions. Valtech’s qualified team comprises members with PhDs, CPA (HKICPA), CFA, Chartered Valuation Surveyors of the Royal Institution of Chartered Surveyors, and valuers accredited with Business Valuation (ABV) by AICPA and CVA qualifications in Singapore. Valtech continues to expand into more markets by leveraging its valuation platform and recruiting local experts.