Valuing Intangible Assets

When partnerships change hands, the valuation of intangible assets can be a financial maze. This in-depth book, working through each of the basic valuation approaches: cost, market, and income, provides professionals with complete guidelines and industry standards. It's a must-have for financial analysts and attorneys!

Robert F. Reilly and Robert P. Schweihs are managing directors of Willamette Management Associates, and accredited senior appraisers of the American Society of Appraisers (certified in business valuation). They are coauthors of a number of highly regarded valuation books, including Valuing a Business, Valuing Small Businesses and Professional Practices, and Valuing Professional Practices. They are also coeditors of Financial Valuation: Businesses and Business Interests, 1997 Update. Mr. Reilly is a certified review appraiser, and a state certified affiliate of the Appraisal Institute. As an appraiser and economist, he is often called upon to testify in domestic and international courts regarding the valuation of intangible assets, businesses, and business interests, and regarding various economic damages issues. Mr. Schweihs currently serves as a Trustee of The Appraisal Foundation and as a member of the Industry Advisory Council of The Appraisal Foundation. He, too, is often called upon to testify as an expert witness in contested valuation and economic analysis matters.

Preface.Acknowledgements.Introduction.Identification of Intangible Assets.Reasons to Conduct an Appraisal of Intangible Assets.Professional Standards Related to Intangible Asset Appraisals.Basic Valuation Concepts.Data Collection and Analysis.The Appraisal Process.Basic Valuation Approaches.Cost Approach Methods.Market Approach Methods.Income Approach Methods.Remaining Useful Life Analysis.Remaining Useful Life Conclusions.Valuation Synthesis and Conclusion.Reporting of Intangible Appraisals.Intangible Asset Appraisal Sample Report.Contract Intangible.Customer Intangibles.Copyright-Related Intangibles.Goodwill Intangible.Human Capital Intangible.Location Intangibles.Marketing Intangibles.Technology Intangible.Transfer Pricing and Royalty Rate Analysis.Litigation Support and Damages Analysis.Ad Valorem Property Tax Analyses.Bankruptcy and Reorganization.Summary and Conclusions.