Case Study: an international fortune 500 food and beverage company validates global 5-year projections with DLC

International Fortune 500 Food and Beverage Company cuts goodwill impairment costs 25-35% with dlc

An international Fortune 500 food and beverage company faced the challenge of validating its global 5-year strategic plan projections, which served as the basis for its goodwill valuation. With a balance sheet comprised of 80% goodwill and intangibles, this annual impairment evaluation was a critical and time-consuming audit component. The client engaged dlc for support to reduce the time required for the final review with external auditors.

dlc developed a comprehensive project plan and established a PMO process to streamline communications and project tracking. They examined the client's projections, assisted in completing year-over-year explanations, and ensured the proper level of support for valuation bridges. As a result, dlc executed the project at a cost 25-35% under the client's prior year expense and enabled the company to successfully gain its overall goodwill impairment valuation in a compressed timeframe.