FASB’s Proposed Updates to GAAP Financial Reporting Taxonomy related to ASU on Crypto Assets
On March 23, 2023, The Financial Accounting Standards Board (“FASB”) issued proposed updates to the U.S. Generally Accepted Accounting Principles (GAAP) Financial Reporting Taxonomy related to a Proposed Accounting Standards Update (“ASU”) on Intangibles—Goodwill and Other—Crypto Assets. (1) The proposed updates would create Subtopic 350-60 of U.S. GAAP, and it would apply to all entities […]
Joe Brennan, CPA has been promoted to Senior Vice President – Valuation
Please join us in congratulating Joe Brennan on his recent promotion to Senior Vice President – Valuation at Houlihan Capital. Mr. Brennan has demonstrated a high level of technical astuteness, responsiveness, and client relationship management. We thank him for his continued contributions to the success of our Valuation practice. Joe Brennan is a Senior Vice […]
Amanda Nunley is Promoted to Vice President – Valuation
Please join us in congratulating Amanda Nunley on her recent promotion to Vice President – Valuation at Houlihan Capital. Ms. Nunley has demonstrated a high level of technical astuteness, responsiveness, and client relationship management. We thank her for her continued contributions to the success of our firm. Amanda Nunley is a Vice President in the firm’s Valuation […]
Houlihan Capital acted as the exclusive financial advisor on the sale of Auburn Heating, Plumbing & Air Conditioning
Houlihan Capital’s Investment Banking group is pleased to announce the following transaction: Date: April 2023 Client: Auburn Heating Sector: Supply Chain, Construction, & Facility Services Industry: Residential & Commercial HVAC Houlihan Capital (Chicago, IL) acted as the exclusive financial advisor on the sale of Go Green Heating, Air Conditioning, Indoor Air Quality, Inc. (d/b/a Auburn […]
The SEC’s Division of Examinations Announces 2023 Exam Priorities
The SEC’s Division of Examinations (the “DOE”) has announced its 2023 examination priorities. The annual report provides insights into the Division’s risk-based approach, including the areas it believes present potential risks to investors and the integrity of U.S. capital markets. Valuation was discussed in the following sections: Investment Company Act Fair Valuation Rule 2a-5 The […]