Concepts, methods, and issues in calculating the fair value of
intangibles
Accounting for Goodwill and Other Intangible Assets is a guide to one
of the most challenging aspects of business valuation. Not only must
executives and valuation professionals understand the complicated set of
rules and practices that pertain to intangibles, they must also be able
to recognize when to apply them. Inside, readers will find these many
complexities clarified. Additionally, this book assists professionals in
overcoming the difficulties of intangible asset accounting, such as the
lack of market quotes and the conflicts among various valuation
methodologies.
Even the rarest and most problematic situations are treated in detail in
Accounting for Goodwill and Other Intangible Assets. For example, the
authors analyze principles for identifying finite intangible assets and
appropriately accounting for amortization expenses or impairment losses.
Using the information in this book, the results of these calculations
can also be reported with precision on financial statements. These
topics are especially important for ensuring the success of any asset
acquisition or business combination. In these special cases, the utmost
accuracy is essential. This book provides:
- Rules for identifying and recognizing intangible assets in business
combinations and asset acquisitions
- Guidance on the accurate valuation and carrying amount calculation of
acquired and self-created intangibles
- Tips for overcoming the challenges unique to intangible assets,
including impairment testing
- Clear instructions for disclosing intangible assets, goodwill, and
amortization expenses
Accounting for Goodwill and Other Intangible Assets is an
indispensable reference for valuation students and specialists. Ervin L.
Black and Mark L. Zyla provide thorough instructions for understanding,
accounting for, and reporting this challenging asset class.
