In our increasingly digital and knowledge-based economy, intangible assets have taken center stage. These assets, which lack physical presence, encompass intellectual property, brands, patents, copyrights, customer relationships, and more.
The valuation of intangible assets is essential for several reasons. Firstly, it impacts a company’s financial statements, affecting both the balance sheet and income statement. Secondly, it plays a pivotal role in mergers and acquisitions, where the value of intangible assets often constitutes a significant portion of the transaction. Thirdly, it aids companies in securing financing and making informed investment decisions.