When PriceWaterhouseCoopers teaches its clients about the "k" factor, it is trying to define these intangibles
that add value to a company.
The IRS tried to tax unspecified goodwill intangibles
, so companies got creative to avoid being taxed.
After asset existence, the next issue that must be considered in the analysis of intangible
assets is the appropriate valuation premise - or hypothetical set of asset transaction assumptions - under which to appraise the intangibles
This is an impressive book, which offers a deeper understanding of reporting on and accounting for intangibles
as key value drivers.
consist of intangible
assets owned by an individual shareholder that are held separate from the corporate business.
As of October 31, 2008, Total Other Intangibles
before recognition of the impairment charge were reported at $10,165,000.
assets as if they were pieces of equipment and allocate purchase price accordingly), it is often difficult to determine and substantiate that customer-based intangibles
are assets that do not have a real physical presence.
Thus, the inclusion of intangibles
matters for labor productivity growth rates, although it has little effect on the acceleration of overall productivity in the mid-1990s, they write.
On behalf of Tax Executives Institute, I am writing to recommend that the effective date of the revised section 482 regulations, relating to the treatment of services and the allocation of income and deductions from intangibles
, be delayed from January 1, 2007, to at least January 1, 2008.
Under the new regulations, imbedded intangibles
must also be taken into account, which was not the case in the past, when all intercompany services were usually considered as a cost-plus transaction.
SFAS 141 outlines five major categories of intangibles
that must be considered.