In February 2015, EAC was awarded a Business Valuation contract for a senior care center based out of Philadelphia. The purpose of the appraisal was to estimate the Fair Value of the business for Step 1 goodwill impairment testing in accordance with Accounting Standard Codification topic 350. The appraisal was conducted and all reports were prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
‣ Industry: Senior Care Center
‣ Standard of Value: Fair Value