IVSC plans new guidance on accounting for intangibles

BVWireIssue #88-3
January 20, 2010

The International Valuations Standards Council (IVSC) will soon be publishing revised Guidance on the valuation of intangible asset, including an identification and definition of the principal approaches and methods, according to a recent IVSC release. The objective is to reduce inconsistency among recognized techniques and terminology to promote good practice and make valuations of intangibles “more comprehensible to investors around the world,” says IVSC chair, Chris Thorne. “In light of similar concerns in the USA, the IVSC is also collaborating with the Appraisal Foundation on the development of best practice guidance on specific areas where there is currently an absence of recognized authoritative guidance, including the valuation of customer relationships and the identification and valuation of control premiums.“
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