Valuing Intangible Assets by the Cost Approach

Business Valuation UpdateVol. 18 No. 4
April 2012
James P. Catty, MA, CA, CPA, CFA, CBV, CFE


The cost of any particular asset does not normally represent its fair value. But in practice, replacement cost of an asset adjusted for time to use establishes a ceiling for its fair value, as it is the maximum amount a prudent investor will pay. There ma ...