Определение затрат на участвующие активы в оценке нематериальных активов
Theory and practice suggest several approaches and methods for the valuation of intangible assets. In absence of comparable asset prices, the appraiser may apply a methodology of the income approach to value intangible asset. However, the methodology requires several subjective assumptions and produces questionable results. The author considers peculiarities of the application of the income approach, in particular, multi-period excess earning method in the valuation of such intangible assets.