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Houlihan Capital

101 Guides

Foundational Explanations for Business Owners, Fund Managers, and Professional Advisors

The Carrying Value Question: An Introduction to Intangible Asset Impairment Testing

When the Balance Sheet Becomes the Story A portfolio company loses its largest customer. Revenue falls sharply in the back half of the year, and

Profile of a woman at a computer in a blue-toned Houlihan Capital banner with the headline 'Enhancing Valuation Confidence'.

Enhancing Valuation Confidence: The Role of Positive Assurance in Portfolio Valuation

When the Mark Gets Questioned The moment arrives in different forms. An auditor returns to a fair value conclusion with a request for additional support

Personal Goodwill in Business Transactions: Not Just a Valuation Question — A Planning Imperative

Consider a professional services firm where three client relationships — each cultivated personally by the founder over fifteen years — account for 65% of annual

Houlihan Capital banner with logo and the headline 'Portfolio Valuation Under ASC 820: A Practical Framework for Fund Managers' over a cityscape background.

Portfolio Valuation Under ASC 820: A Practical Framework for Fund Managers

The Growing Importance of Fair Value in Private Markets For many fund managers, valuation becomes a focal point when it breaks down under scrutiny. Auditor

Valuing Carried Interest for Trust and Estate Planning: A Strategic Overview

Few assets present as many valuation challenges in the context of estate and gift planning as carried interest. The value of carried interest is contingent

Understanding Business Valuations for Trust and Estate Purposes

Closely held business interests frequently represent the most significant and complex asset within a high-net-worth estate. Unlike publicly traded securities, their value is not readily

Strategic Considerations for Solvency Opinions: in Leveraged Transactions

Introduction In leveraged transactions and dividend recapitalizations, the focus is often on valuation, deal structure, and financing terms. Yet one of the most consequential questions

A Modern Guide to Purchase Price Allocation

Introduction Purchase Price Allocation (“PPA”) has evolved from a compliance exercise to a strategic financial reporting decision. Recent SEC comment letter trends, paired with heightened