Mass Asset Revaluation for Merger

HI,

 

Our parent company is being merged with another company.  The merger closing date is 12/9.  We are required to revaluate the fix assets post merger close.  I would like to ask for suggestions on how to proceed with the asset revaluation or if there are any documentation on this subject.

On the final report (as of 12/9) to old parent company, we may run depreciation just like a normal month-end close.  We may just enter a journal entry in GL.  On the first report (12/10 to 12/31) to the new parent company, we are suppose to report the fixed assets re-evaluated and along with the Goodwill.  I am not sure how we can run deprecaition for the same assets twice in one month.