Valuation of Non-Market Priced Assets.
Authorship
L.V.M.
Degree in Business Administration and Management
L.V.M.
Degree in Business Administration and Management
Defense date
02.19.2025 13:00
02.19.2025 13:00
Summary
This work focuses on non-market priced assets, which are goods held by companies with operational capacity but lacking a recurring market where regular transactions occur, making their price more difficult and complicated to calculate. Currently, these assets are fundamental to the operation of modern companies. These patrimonial elements have a direct correlation with fostering innovation, creating strategies, and enhancing the financial transparency of companies, within a context without an apparent, exact, or certain market. This study focuses on intangible assets, goodwill, specialized assets, unlisted financial instruments, and other cultural assets. Among these, I place greater emphasis on intangible assets and goodwill, as in an increasingly digitalized and knowledge-based environment, they are crucial for value creation, development, and competitive advantages of an entity. The accounting analysis focuses on the treatment of accounting standards that describe the criteria for recognition, initial, and subsequent measurement. These standards include IAS 38, primarily dedicated to the definition and initial recognition of intangible assets; IFRS 13, concerning the determination of fair value; IFRS 3, related to business combinations; and IAS 36, which establishes impairment tests to ensure proper valuation. The accounting treatment is based on a thorough citation and explanation of the standards, followed by the presentation of simplified practical cases that generally reflect the valuation of these non-market priced assets.
This work focuses on non-market priced assets, which are goods held by companies with operational capacity but lacking a recurring market where regular transactions occur, making their price more difficult and complicated to calculate. Currently, these assets are fundamental to the operation of modern companies. These patrimonial elements have a direct correlation with fostering innovation, creating strategies, and enhancing the financial transparency of companies, within a context without an apparent, exact, or certain market. This study focuses on intangible assets, goodwill, specialized assets, unlisted financial instruments, and other cultural assets. Among these, I place greater emphasis on intangible assets and goodwill, as in an increasingly digitalized and knowledge-based environment, they are crucial for value creation, development, and competitive advantages of an entity. The accounting analysis focuses on the treatment of accounting standards that describe the criteria for recognition, initial, and subsequent measurement. These standards include IAS 38, primarily dedicated to the definition and initial recognition of intangible assets; IFRS 13, concerning the determination of fair value; IFRS 3, related to business combinations; and IAS 36, which establishes impairment tests to ensure proper valuation. The accounting treatment is based on a thorough citation and explanation of the standards, followed by the presentation of simplified practical cases that generally reflect the valuation of these non-market priced assets.
Direction
TRELLES GONZALEZ, RAFAEL (Tutorships)
TRELLES GONZALEZ, RAFAEL (Tutorships)
Court
TRELLES GONZALEZ, RAFAEL (Student’s tutor)
TRELLES GONZALEZ, RAFAEL (Student’s tutor)