Accounting for goodwill and other intangible assets / Ervin L. Black, Mark L. Zyla.

Format:

Book

Author/Creator:

Black, Ervin L., author.

Zyla, Mark L., author.

Language:

English

Subjects (All):

Goodwill (Commerce)--Accounting.

Goodwill (Commerce).

Intangible property--Accounting.

Intangible property.

Physical Description:

1 online resource (291 pages)

Edition:

1st edition

Place of Publication:

Hoboken, New Jersey : Wiley, [2018]

System Details:

text file

Summary:

Concepts, methods, and issues in calculating the fair value of intangibles Accounting for Goodwill and Other Intangible Assets is a guide to one of the most challenging aspects of business valuation. Not only must executives and valuation professionals understand the complicated set of rules and practices that pertain to intangibles, they must also be able to recognize when to apply them. Inside, readers will find these many complexities clarified. Additionally, this book assists professionals in overcoming the difficulties of intangible asset accounting, such as the lack of market quotes and the conflicts among various valuation methodologies. Even the rarest and most problematic situations are treated in detail in Accounting for Goodwill and Other Intangible Assets . For example, the authors analyze principles for identifying finite intangible assets and appropriately accounting for amortization expenses or impairment losses. Using the information in this book, the results of these calculations can also be reported with precision on financial statements. These topics are especially important for ensuring the success of any asset acquisition or business combination. In these special cases, the utmost accuracy is essential. This book provides: Rules for identifying and recognizing intangible assets in business combinations and asset acquisitions Guidance on the accurate valuation and carrying amount calculation of acquired and self-created intangibles Tips for overcoming the challenges unique to intangible assets, including impairment testing Clear instructions for disclosing intangible assets, goodwill, and amortization expenses Accounting for Goodwill and Other Intangible Assets is an indispensable reference for valuation students and specialists. Ervin L. Black and Mark L. Zyla provide thorough instructions for understanding, accounting for, and reporting this challenging asset class.

Contents:

Recognizing intangible assets

Initial measurement of acquired intangible assets

Amortizing intangible assets

Impairment testing for goodwill and other intangible assets

Financial statement presentation and disclosures

Deferred tax consequences of goodwill and intangible assets.

Notes:

Description based on print version record.

Includes bibliographical references and index.

ISBN:

9781119157229

1119157226

9781119380337

1119380332

9781119157212

1119157218

OCLC:

1117308134