Audit requirements
The vast majority of valuation projects exist to satisfy an audit requirement. Engaging an experienced provider early ensures an efficient, lower-friction audit review process and eliminates rework.
Valuation Services
Accurate, defensible valuations across every asset class.
CFGI is a trusted leader in comprehensive valuation solutions for corporations and their stakeholders. Our team of seasoned professionals combines technical expertise with innovative approaches to deliver accurate, defensible valuations across a wide range of assets and business interests, from purchase price allocations and goodwill impairment to complex financial instruments and portfolio valuations.
1,400+Professionals
2001Founded
3Valuation Practice Areas
6 weeksTypical Engagement Timeline
Hundredsof Successful IPOs Supported
Big Four expertise. Boutique attentiveness. Independent by Design. No Audit Restrictions.
Why valuation matters
Valuations are required. The quality of insight they deliver is a choice.
In today’s business environment, valuations are often mandated by auditors or regulators. But a truly effective valuation team goes beyond checking the box, providing insights that create tangible value and help clients make better-informed strategic decisions.
Regulatory landscape
Companies must comply with ever-evolving regulations and accounting standards. A defensible valuation is critical for financial reporting and tax services, and the stakes for getting it wrong are high.
Decision-making support
Even when valuations are required appendages to a transaction, they can drive strategic clarity around mergers and acquisitions, divestitures, and capital raises, if the right team runs the work.
Stakeholder trust
Investors, lenders, boards, and auditors need reliable valuations to ensure transparency and confidence in financial statements. A defensible analysis builds relationships with audit stakeholders.
What we do
Three practice areas. Every asset class.
CFGI partners closely with clients to address their most complex valuation challenges, ensuring compliance, transparency, and strategic insight across business enterprise valuations, complex financial instruments, and fixed assets and real property.
Business Enterprise Valuation
Financial Reporting & Compliance
- Purchase Price Allocation (ASC 805; IFRS 3)
- Goodwill & Long-Lived Impairment Testing (ASC 350 & 360; IAS 16)
- Fair Value Measurement (ASC 820; IFRS 13)
- Fresh-Start Accounting
- Stock-Based Compensation (ASC 718)
- PE & VC Portfolio Valuations
Tax & Advisory
- Fair Market Value of Common Equity (IRC §409a)
- Estate and Gift Tax Valuations
Complex Financial Instruments
Complex Debt & Equity Instruments
- Convertible Debt, Other Complex Debt, & Preferred Equity
- Investments in Debt and Equity Securities
- SPAC Instruments (Warrants, FPAs, Founder Shares)
Derivatives & Structured Products
- Embedded Derivatives & Structured Notes (ASC 815)
- OTC Derivatives (Swaps, Swaptions, etc.)
Advanced Modeling & Other
- Option Pricing, Monte Carlo Simulation & Lattice Models
- Consumer, solar, and small business loan portfolios
- Contingent Consideration / Earnouts
- Incremental Borrowing Rates
Fixed Assets & Real Property
Financial Reporting & Compliance
- Personal and Real Property Valuations
- Leases
Start-Up & Private Company
- Pre- & Post-Money Valuation
- 409A Valuation
- ASC 718 Valuation
- SAFE/Convertible Note Valuation
- Technical memos for stock-based compensation, warrants, derivatives
IPO & Capital Markets
- Pre-IPO valuation services (409A, De-SPAC, Fair Value Measurement)
- S-1 related valuations
- Draft responses to SEC comments
- Pro-forma disclosures and registration statement support
Public Company
- ASC 805 purchase price allocations
- ASC 350 / ASC 360 impairment testing
- ASC 718 stock-based compensation
- Derivative and complex instrument valuations
- Ongoing portfolio and fair value measurement
Why CFGI Valuation
Big Four depth. No audit restrictions. Built to move faster.
CFGI professionals provide clients with all the expertise of a Big Four national office and the attentiveness of a boutique firm. We use our knowledge of various audit firm preferences to deliver insights and recommendations that hold up under scrutiny, without the friction of auditor independence constraints.
An extension of your team, not a vendor.
- Talent and technical expertiseWith Big Four experience, CFGI professionals support CFOs through the most complex and demanding valuation challenges, from purchase price allocations to advanced derivative modeling.
- Flexible and client-orientedCFGI offers flexible and responsive staffing models that move faster than competitors. Our team becomes a trusted advisor, not a one-time engagement.
- Cost-effectiveTechnical expertise combined with competitive pricing delivers unmatched value. We scale to any size, scope, and duration to fit the needs of the project.
- Auditor independenceCFGI is free from auditor independence restrictions, allowing us to be innovative and strategic across all aspects of a project and to use our knowledge of audit firm preferences to our clients’ advantage.
- Integrated with CFGI’s broader platformValuation connects seamlessly with CFGI’s technical accounting, capital markets, transaction advisory, and tax teams, reducing duplication and streamlining the audit review process.
The corporate development cycle
Valuation at every stage of the business lifecycle.
Every stage of the corporate development cycle generates distinct valuation requirements. CFGI is positioned and experienced to serve clients from ideation through exit, with services calibrated to the risk profile, reporting requirements, and strategic priorities of each phase.
Raise Capital
Support from ideation, product creation, and initial funding through high-risk negative cash flow stages.
- Pre- & Post-Money Valuation
- 409A Valuation
- ASC 718 Valuation
- SAFE/Convertible Note Valuation
Invest Capital
Rapid revenue increases, scaling operations, and aggressive market penetration require rigorous valuation support.
- M&A Target Valuation
- Investment Appraisal
- Purchase Price Allocation
- Contingent Consideration Valuation
Preserve Capital
Stable revenue growth, market saturation, and emphasis on cost control drive annual reporting and impairment work.
- Impairment Testing (ASC 350/IAS 36)
- Fair Value Measurement (ASC 820/IFRS 13)
- PP&E and Intangible Asset Valuations
- Portfolio Valuations; Spin-Off & Divestiture Valuations
Optimize Capital
Structure and manage capital in the most efficient way to minimize the cost of capital and maximize shareholder value.
- Financing Instrument Valuation
- Convertible, Warrants, Preferred
- Spin-offs and divestitures support
Monitor Capital
Track, analyze, and manage how financial resources are deployed to ensure alignment with strategic goals and risk tolerance.
- Ongoing Portfolio Valuation
- Sensitivity Analysis
- Discounted Cash Flow Analyses
- Credit Loss Modelling
Return Capital
A track record of assisting clients with successful exit events and the required valuations that accompany them.
- IPO Readiness
- SPACs
- Exit Valuations
How an engagement runs
From engagement letter to delivery in six weeks.
Where leading companies get ahead
How to get more out of a mandatory valuation engagement.
Engage the valuation provider early
Bringing in an experienced provider before the audit process starts ensures an efficient, lower-friction review. Late engagement creates timeline pressure, increases rework, and raises the cost of the process for everyone involved.
Address complex assets with proven expertise
Intangible assets, in-process R&D, earnouts, convertible instruments, and derivative structures require deep technical capability. Providers without that depth create audit risk and often produce findings that auditors push back on.
Reduce duplication across accounting and valuation
Using an integrated team that bridges technical accounting and valuation expertise eliminates the back-and-forth between siloed advisors. It compresses timelines, reduces rework, and produces a more coherent set of deliverables.
Build relationships with audit stakeholders
A valuation provider with deep knowledge of audit firm preferences is able to present findings in a format auditors trust, anticipate challenges before they arise, and strengthen overall confidence in the organization’s financial reporting.
Use valuation to drive strategic clarity
Even when valuations are required compliance exercises, the best providers find ways to surface strategic insight, around M&A targets, portfolio performance, or capital structure, that goes beyond what the auditors needed in the first place.
Scale coverage without audit risk
CFGI is free from auditor independence restrictions, allowing the firm to provide valuation support across a broader range of situations than a Big Four provider could, without the independence concerns that limit scope and flexibility.
Valuation Services leadership
Talk to CFGI’s Valuation Services leader.
Sean O’Reilly
Managing Partner | Valuation Services Leader
20+ years in the valuation field, working with business owners, CFOs, investors, and attorneys on complex and critical valuation needs. Began his career at Arthur Andersen in Philadelphia. Accredited Senior Appraiser (ASA), American Society of Appraisers. B.A. Economics, University of Virginia; M.B.A. Finance, Villanova University.
Ready for a valuation that holds up?
From 409A and purchase price allocations to complex instruments and portfolio valuations, CFGI delivers accurate, defensible work across the full lifecycle. Let’s talk about what you need.