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About this book
The book argues that accountants overemphasise cost and liquidation value, ignore cashflow and value to a going concern; that they would 'rather be precisely wrong than roughly right'. They therefore distort the values of many tangible and intangible assets, and overstate goodwill, with serious distorting effect. The book supports these arguments, illustrates the harm they do, and discusses how values, and their impact, vary - depending on the party banker, shareholder and situation.
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Table of contents (6 chapters)
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Front Matter
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Back Matter
Authors and Affiliations
Bibliographic Information
Book Title: The Treatment of Intangibles
Book Subtitle: A Banker’s View
Authors: T. H. Donaldson
DOI: https://doi.org/10.1007/978-1-349-22484-5
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Business & Management Collection, Business and Management (R0)
Copyright Information: T. H. Donaldson 1992
Hardcover ISBN: 978-0-333-56702-9Published: 09 December 1992
Softcover ISBN: 978-1-349-22486-9Published: 01 January 1992
eBook ISBN: 978-1-349-22484-5Published: 27 July 2016
Edition Number: 1
Number of Pages: VIII, 130
Topics: Macroeconomics/Monetary Economics//Financial Economics, Business and Management, general, Investments and Securities, Accounting/Auditing, Banking