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 dependant on the presence, or 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.
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
The Importance of Valuing Intangible Assets
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.
Determining the true value of a company requires an accurate, defensible assessment of both intangible and tangible 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.
Appraisal Economics offers a wide variety of independent valuation services to business, financial and legal communities around the world. Whether you need assistance in valuating intangible assets, or with other issues such as cost segregation or obtaining a fairness opinion, we encourage you to explore our services today. To learn more about our wide variety of industry expertise, please follow the links below:
FASB 141
FASB 142
Impairment Test
Stock Option Valuation
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