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This profile was automatically generated using 10 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 10 references found on the Internet. This information has not been verified. Learn more...
View all 10 references Web References
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1. Advokatfirmaet Selmer DA
www.buildingipvalue.com/05_CP/ - [Cached]Published on: 1/30/2006 Last Visited: 1/30/2006
Nick Rea Director, London Email nick.rea@uk.pwc.com
Nick Rea is a director in the Valuation & Strategy financial services team in PricewaterhouseCoopers. He joined PricewaterhouseCoopers in 1992, working with the Banking & Capital Markets team in London, and then spent three years in the Sydney office from 1996 to 1999. Since his return to London, he has specialised in the provision of corporate finance and valuation advice in the financial service sector within the UK, Asia, US and Europe.
The team provides specialist valuation advice to provide support during transactions and investment decisions, and has also provided valuation advice for regulatory and accounting purposes. Mr Rea has led a number of purchase price allocation exercises under US GAAP including the valuation of intangible assets and also performed goodwill impairment reviews under UK and US GAAP. He is currently leading the initiative to provide valuation and purchase price allocation support to European-based clients in the financial services sector under International Financial Reporting Standards.
Mr Rea is a chartered accountant and has an MA from Oxford University. -
2. IFRS update December 2005 - Intangibles - PC Magazine
www.pcmag.co.uk/accountancyage - [Cached]Published on: 12/1/2005 Last Visited: 12/8/2005
Nick Rea, director of valuation and strategy at PwC, says this might slow down the progress of deals, but would encourage thorough decision making in the acquisition process. ,Some deals are taking longer to complete,, he says, ,but a business will have a better idea of what it is buying and why it is doing the deal.
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Rea says this anomaly needs to be taken into account when investors are comparing a company that has developed its technology in-house to a business that has taken on its R&D through acquisition.
And Sarpel Ustunel, director of valuation boutique Global View Advisors, says directors will have to think more carefully about how they invest their development budgets because they can no longer expense development costs.
,Under new standards, any capitalised development expenditures have to be written off for unsuccessful projects at a future date, which may lead to criticisms of directors who are accountable for these investments,, he says. ,The new standard will provide more transparency to investors in assessing the recovery of the development costs through economic benefits upon completion of projects or new products., -
3. SUPPLY MANAGEMENT
www.supplymanagement.com/archi - [Cached]Published on: 5/26/2005 Last Visited: 10/28/2005
Nick Rea, director of valuation and strategy at PwC Corporate Finance, says that "strong brands influence customer's decision-making processes, as well as ensuring that premium prices can be charged, so their importance to the company's profitability and sustainability is vital".

