IVSC publishes perspectives paper on intangible assets
17 September 2021
The International Valuation Standards Council (IVSC) has published a Perspectives Paper ‘Time to get Tangible about Intangible Assets’.
The Perspectives Paper notes that only a small percentage of intangible assets are recognised on the balance sheet, on account of the current accounting standard requirements. It further notes that as many current business models have evolved over decades, namely, to rely more heavily on intangible assets at the expense of tangible, the standards and the economics have become misaligned. Therefore, IVSC is publishing a multi-part article series exploring certain fundamental questions in this area. The Perspectives Paper is a part of this series.
The Perspectives Paper may be accessed here.