What Are Intangible Assets?

Intangible assets are all of the elements relating to a business enterprise that exist after the monetary and tangible assets have been identified. Their existence is dependent on the presence, or the expectation, of earnings.

If you need assistance in valuing intangible assets, Appraisal Economics can help. Appraisal Economics is an international valuation firm providing independent valuation services to the business, financial and legal communities. Please take some time to read about the different types of intangible assets we value, as well as the other services we offer. Or, if you would like additional information regarding our independent valuation services, please contact us today.

Types of Intangible Assets
Businesses have many different types of intangible assets. Many of these can be unique to a specific business, making it very hard to compile a comprehensive list of intangible assets. However, some of the more common types include:

  • Patents, copyrights and licenses
  • Customer lists and relationships
  • Non-compete agreements
  • Favorable financing
  • Software
  • Trained and assembled workforces
  • Contracts
  • Leasehold interests
  • Unpatented proprietary technology
  • Trademarks/Trade names

Intangible assets such as brands, intellectual property and licenses now comprise a greater percentage of the economic value of successful businesses than ever before. Some economists argue that they represent the main performance drivers in the current transition from a traditional financial economic structure to a new knowledge-based economy.

Valuation of Intangible Assets
Determining the true value of a company requires an accurate, defensible assessment of both tangible and intangible assets. At Appraisal Economics, we have the skill, expertise, experience and resources to provide for a meaningful valuation of both tangible and intangible assets. Just as important, we stay current with all emerging trends in this rapidly changing area and adapt our own processes to reflect the current state of the art and provide our clients with the best intangible asset valuation services available anywhere.

Business Valuations
Appraisal Economics offers a wide variety of independent valuation services to business, financial and legal communities around the world. Whether you need assistance in valuing intangible assets, or with other issues such as goodwill impairment or obtaining a fairness opinion, we encourage you to explore our services today. Continue browsing AppraisalEconomics.com or contact us to learn more about valuing and identifying the intangible assets of your company, and get more information on all of the independent valuation services we offer, such as:

ASC 805 (formerly FASB 141)

Business Valuation

Goodwill Impairment

Solar Project Valuation