September 4, 2023
Here is a nice case of exemplary purchase price allocation disclosure. Acquisition of Ravix Financial, Inc. by Kingsway Financial Services, Inc. in 2021. It displays two different intangible assets, their value, valuation method, discount rate, royalty rate, attrition rate, growth rate and useful life. On this level, PPA disclosures are meaningful. Investors need more of these.