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.

Klappentext
THE ESSENTIAL GUIDE TO INTANGIBLE ASSET VALUATION STANDARDS AND PRACTICES Intangible assets have become critical to modern business. They drive success or failure in today's IP-dominant marketplace and form the very foundation of entire industriesyet they are inherently difficult to value. Methodologies may conflict, different standards may apply, and the appropriate approach may depend heavily on the individual asset's lifespan; when there is no physical object or standard basis for comparison, valuation quickly becomes complex. Accounting for Goodwill and Other Intangible Assets addresses this complexity by clarifying the various relevant standards and providing a practical framework for application. From identification to analysis to reporting, this helpful resource offers expert guidance toward FASB- and IFRS-compliant valuation of intangibles, including measurement, amortization, impairment testing, disclosure, deferred tax consequences, and more, whether the assets in question are in business combinations, part of an asset acquisition, or self-generated. As accounting rules and the business environment evolve in tandem, the valuation of intangibles is as complex as the assets themselves are critical. Providing clear explanations coupled with real-world methods, this book provides essential guidance for valuation and accounting professionals.

Zusammenfassung
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.