Business appraisers have until May 1, 2009 to comment on the Exposure Draft on proposed best practices for The Identification of Contributory Assets and the Calculation of Economic Rents. Developed by The Appraisal Foundation’s (TAF) Working Group on Contributory Asset Charges, topics covered in the exposure draft are: Identification of contributory assets; valuation methodologies and the application of contributory asset charges; and the stratification of discount rates by asset or asset category. The working group will issue a finalized document of suggested best practices after the receipt of comments on the exposure draft.
The comment period for The International Valuation Standards Council’s (IVSC) two exposure drafts on the valuation of intangible assets (Revised International Valuation Guidance Note No. 4 Valuation of Intangible Assets and Proposed New International Valuation Guidance Note No. 16 Valuation of Intangible Assets for IFRS Reporting Purposes) is up at the end of April 2009.