PDF-Valuing Companies with intangible assets September 2009 Aswath Damo

inconsistent with its treatment of investments in tangible assets at manufacturing firms assets in today. 5: Accounting for Intangible Assets and Goodwill. Financial . Accounting BFA201. Learning . Objectives. To demonstrate your understanding of:. AASB 138 – Intangible assets . R&D (Research & Development). Aswath Damodaran2Discounted Cashflow Valuation: Basis forApproachwhere CFt is the cash flow in period t, r is the discount rate appropriategiven the riskiness of the cash flow and t is the life of th Aswath Damodaran Aswath Damodaran Aswath Damodaran Aswath Damodaran Aswath Damodaran Aswath Damodaran $ 60"$ 40"""$ 100"3""$ 68"$ 40"""$ 108"4 $ 1603.0""""$ 2363.008" Aswath Damodaran (83.49+1603)/1.1 What are intangible assets? Intangible assets are assets that do not have a physical or financial embodiment. Termed ‘intellectual assets’ in previous OECDwork, intangible assets have also Presented at the 3. rd. World KLEMS Conference at Tokyo on May 19. th. Tsutomu . Miyagawa. (. Gakushuin. University and RIETI). Konomi. . Tonogi. (Kanagawa University). Shoichi. . Hisa. (Kanagawa University). PHILIP KITCHER. MELIORATIVE PROJECTS. AT THE HEART OF DEWEY’S PRAGMATISM IS THE CONVICTION THAT INQUIRY IS DIRECTED TOWARD MAKING THINGS BETTER.. TO UNDERSTAND THAT GOAL, WE NEED AN ACCOUNT OF VALUES.. 51. Accounting . and Financial Reporting for Intangible Assets. Helen Y. Painter CPA, Partner. Purvis Gray & Company LLP. Ocala, Florida. Effective Date. For periods beginning after June 15, 2009. ‹#›. Aswath Damodaran. 1. Valuing Financial Service Companies. Aswath Damodaran. 2. The Questions. Aswath Damodaran. 3. Aswath Damodaran. 4. Aswath Damodaran. 5. Lesson 1: Financial service companies are opaque….  . Wanncherng. . Wang. Professor of Accounting. Department of Business Administration. College of Management. National Sun . Yat-Sen. University. No. 70, . Lienhai. Rd., Kaohsiung 80424 Taiwan, R.O.C.. 18: Book Value Multiples. ‹#›. Aswath Damodaran. 1. Accounting Value... Aswath Damodaran. 2. III. Price to Book Ratio. Going back to a simple dividend discount model,. Defining the return on equity (ROE) = EPS0 / Book Value of Equity, the value of equity can be written as:. At the end of this lesson, you should be able to:. Identify the current practice for accounting for intangible assets;. Apply the relevant accounting standard on intangible assets; . and. Appraise the principal issues in accounting for intangible assets.. . VIBHA . (5159). . . MEENAKSHI (5187). MANPREET(5191) . CLASS:- . B.COM 3. RD. YEAR(HONS.). SEMESTER:- . 6. SESSION:- . 2016-2017. INTRODUCTION. , and . amortization of intangible . assets.. 2. Describe . the accounting for . various types . of intangible . assets.. 3. Explain . the accounting issues for recording goodwill.. LEARNING OBJECTIVES. ‹#›. Aswath Damodaran. 1. Valuing Commodity & Cyclical Companies. Aswath Damodaran. 2. Valuing cyclical and commodity companies. Aswath Damodaran. 3. Lesson 1: The Operating Numbers will ebb and flow.