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Business combinations
Intangible assets acquired after 31 March 2004 now have to be included in the accounts at ‘fair value’ where the provisions of International Financial Reporting Standard 3 apply. IFRS 3 also requires goodwill to be carried in the books at cost less accumulated impairment losses: the systematic amortisation of goodwill is no longer permitted.
Meeting your valuation needs
These intangible assets include brands, licences and trademarks where identification may cause difficulties.
Typically, in valuing the acquired intangible assets of a business entity, it will be necessary to reconcile the total price paid for the business entity to the fair value of the separate assets acquired.
We can help you by
- Giving you our formal professional opinion as to the value of any intangible assets acquired (or to be acquired) by your company
- Ensuring that our opinions satisfy the requirements of reporting accountants and the auditors
- Liaising with the auditors to address any concerns or queries raised by them
Our valuations use credible, well-accepted methodologies which provide well-documented and well-supported opinions of value.
We have significant experience in the valuation of acquired intangible assets where our opinions of value satisfy the requirements of the tax authorities, the financial reporting authorities and the auditors.
Valuation assistance
Alternatively, we can help you by providing support and assistance to your own staff in
- Choosing the most appropriate methodologies to apply to the asset type
- Identifying the intangible asset and related income/cash flow streams
- Finding comparative data
- Selecting appropriate discount rates to apply to the cash flow streams
- Liaising with the auditors to address any concerns or queries raised by them
Contact
Please call
Angela Hennessey
on +44 (0) 20 7432 6713 or
email enquiries@angelahennessey.co.uk
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Contact us
Call 020 7432 6713 for an informal discussion with a valuation
specialist or click below for more
information on:
Valuation
provisions of IFRS 2 / FRS 20
Contact
details
Tax valuations
Case study of a valuation for an employee
share scheme
