Thursday, November 08, 2007

Fair value of intangibles

The International Valuation Standards Committee (IVSC) has issued a discussion paper on the Determination of Fair Value of Intangible Assets for IFRS Reporting Purposes. The paper reviews the different IFRS under which intangibles might have to be valued and discusses alternative approaches to valuation. It looks at valuation models and benchmarking against the market. It also includes a comparison of the different approaches and a discussion of how these relate to IFRS and the SFAS 157 hierarchy.