Day One

Update accounting books and records for fair value accounting in an expedient manner.

We help you provide timely deliverables through efficient models and processes.

Provide senior management insight into the methodology and distribute a robust deliverable suitable for management, auditors and regulators alike.

We can deliver a full report that includes discussion and analysis as well as supporting exhibits.

Set up accounts required for Day One and ongoing Day Two accounting.

We can assist management in establishing general ledger accounts and Day One entries.

Day Two

Get help in some of the most complex and technical accounting decisions your company will face related to acquisitions.

We can assist with accounting policies and procedures documentation, playbooks, and other documentation in establishing an effective control environment.

Allow management to clearly identify changes in expected cash flows and to more effectively manage significant model assumptions.

Our software provides a transparent and flexible model that performs ongoing processing and recasting for future expected cash flows.

Establish an information source for management related to an evolving accounting methodology that is not similar to traditional banking.

We offer management advice based on developing trends and best practices.

We use our proprietary ValuCast™ software to forecast issues around mergers and acquisitions.

ValuCast™ has the following capabilities relating to ASC 310-30 Accounting:

• Project future cash flows on both loans and indemnification assets
• Track loan level carrying values and accretion
• Perform recast analyses
• Deliver accounting packages for monthly closings
• Perform sensitivity and stress testing with real time insights into cash flow projections
• Provide carrying value and yield projections
• Customized cash flow modeling, output exhibits, and input methodology

ValuCast™ has the following capabilities relating to ASC 310-20 Accounting:

• Loan level accretion/amortization of acquired discounts/premiums using effective interest method and straight line method
• Insight into “accelerated” accretion or amortization due to unexpected pay downs/payoffs
• Ability to book entries to separate cost centers
• Support package with current and projected remaining purchase discount to aid in the preparation of a traditional allowance for loan losses on acquired ASC 310-20 loans