Insights
Practical perspectives on valuation, financial reporting, and audit defensibility from the MILES Valuation team.
IFRS 18 and Transaction Multiple Comparability
How IFRS 18 affects transaction multiple comparability: EBITDA definitions, MPM disclosures, historical earnings, LTM reconciliations and alignment with enterprise value.
IP Valuation: Selecting Methods by Asset Type and Commercial Maturity
How IP type, commercial maturity and available evidence guide the selection of income, market and cost methods, and support analysis that can be reviewed.
Comparable Company Selection: Defending the Inclusions and Exclusions
How to document comparable company selection, assess boundary cases and show the valuation impact of disputed exclusions, with a published Hong Kong example.
Share-Based Payment Under HKFRS 2: Two Key Judgements Beyond the Option Model
Beyond option pricing, condition classification and award modifications determine what to value and when to recognise the cost. A practical guide to HKFRS 2.
Goodwill Impairment Testing: Do the Forecasts Reflect Business Reality?
A practical review of goodwill impairment forecasts under IAS 36 / HKAS 36, covering actual performance, conflicting evidence, terminal assumptions and sensitivity.
Purchase Price Allocation: Why Intangible Asset Identification Is Where Most Reports Are Won or Lost
In PPA work under IFRS 3 / HKFRS 3, identification — not valuation calculation — is where reports most often face audit challenge. A practical framework for matching intangible assets to business model, by industry, and choosing defensible valuation methods.