Background
Kepsfield was enlisted by an expansive, end-to-end international furniture company, to undertake a comprehensive WACC (Weighted Average Cost of Capital) study to lay the groundwork for impending impairment tests.
Our impact
We developed an intricate matrix capturing WACC for the company’s diverse activities and geographical operations.
Beyond mere data presentation, Kepsfield delved deep to substantiate our approach, ensuring that the outcomes were both accurate and defensible from an accounting perspective.
Our findings were presented and discussed with the client’s external auditor (KPMG). Our proactive engagement and meticulous preparation not only enhanced clarity but significantly streamlined the impairment review in the year-end audit process, ensuring efficiency and minimizing time spent by the client’s internal finance team.
