Post

IFBC was assigned by Swiss Post to develop a standardized model for the implementation of purchase price allocations. With the help of the workflow implemented in the model, the requirements of IFRS can be implemented step by step in the execution of the purchase price allocation. The standardized model structure allows the identification and valuation of intangible assets as well as the determination of the goodwill to be allocated to be carried out efficiently and in line with best practice. The Swiss Post is Switzerland’s national postal provider. In addition to traditional postal services, the group provides logistic, transport, communication as well as retail banking services.