When It May Be Necessary To Use Financial Reporting Valuations
Financial reporting is done to bring transparency to important financial matters. Sometimes, these reporting practices need to undergo a professional valuation. Here are several instances when financial reporting valuations would be necessary.
Undergoing a Merger
There are times when companies see the benefit of merging with one another. Before this can happen though, it's important to ensure both companies have fair financial reporting activities that let them see what type of financial trajectory they're opting into after this merger concludes.