Cedar Hill offers a full service purchase accounting assistance approach to help
financial profession in valuing and recording acquisitions. Cedar Hills services
are lead with Purchase Accounting Documentation Book that serves as a
central depository of accounting methods and documents employed in recording the
acquisition in accordance with GAAP. The Book includes an executive
summary explaining the valuation methods employed, all general ledger entries
used to record the transactions, all valuation reports, purchase accounting
amortization tables, and key acquisition documents (acquisition agreement,
employment agreements, merger costs).
The Purchase Accounting Documentation Book has been well received by Cedar
Hills clients. The book can be shown to companies internal auditors,
external auditors and bank examiners to describe the transactions. As part
of this service, Cedar Hill will organize a purchase accounting committee of the
bank and do weekly, or daily updates on issues as they arise and maintain a
checklist of required activities/responsibilities.
Additional Services
include:
- Intangible Asset Valuation
- Core Deposit Intangible
- Customer List Intangible
- Non-Compete Intangible
- Trade Name Intangible
- Internally Developed Software Intangibles
- Loan Valuations
- Certificates of Deposit
