One of the most important input in valuaiton of an intangible assets is its life i.e. the period upto which the assets can generate positive cash flows. As the below case between Amazon and IRS demonstrates, the life being ascribed to an Intangible is often a subjective and debatable issue and can lead to significantly
S No Company Sector Latest Valuation (USD MN) Latest Funding Date Latest Series of Funding/ basis of valuation Last Valuation (USD MN) Last Funding Date Last Series of Funding 1 Flipkart E-commerce 9900 NA based on valuation reported by Investors 15200 Sep-15 NA 2 Paytm E-commerce – mobile payment 5700 NA based on expected investment
AICPA in US along with the American Society of Appraisers (ASA) and RICS (Royal Institution of Chartered Surveyors) has launched a new valuation standard know as Certified in Entity and Intangible ValuationsTM (CEIV). In addition to business valuation and corporate finance courses being taught at B-schools, there are already good international courses like CFA, ASA,