Engagement summary
Valuation context
University of Phoenix engaged Rivers & Moorehead for independent valuation support under the standard(s) listed above. The engagement provides valuation analyses, supporting models, and written deliverables intended to assist the company and its external auditors with financial reporting under U.S. GAAP.
Valuation scope
- ASC 718 equity-based compensation valuation – grant-date fair value of stock options, restricted stock, profit interest units, or performance-based awards using Black-Scholes, lattice, or Monte Carlo models as award terms require; supporting documentation for audit.
- ASC 820 fair value measurement of designated financial-reporting items, including selection of valuation technique (market, income, cost), development of unobservable inputs, and classification within the Level 1 / Level 2 / Level 3 fair value hierarchy.