- How will the IASB Forum affect its valuation

The IASB is very much dedicated to an increasing reliance on fair value. Obviously, one of the issues backdating to Roosevelt's "New Deal" was overvaluation of assets and revenues (and undervaluation of
liabilities and expenses) because of the focus on fair value. This caused a reversion to Historic Cost.
One analyst noted, for instance, whereas Miley5's physical assets would only account to less than $1m (it would predominantly be capitalized expenditure) - its intangibles far outweigh its physical assets; thus any valuation discounting internally generated goodwill will vastly affect its valuation.
This is particularly an issue when the Company considers floating on the Stock Exchange as we have seen recently. If there is an overbuy of shares, allocation becomes difficult, and new ledger accounts and reserves must be created to counter this effect.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
Add image file
Upload is a site by and for consumers of financial services and advice. We are not affiliated with any of the banks, financial services or software manufacturers discussed here. All logos and trade names are the property of their respective owners.

Tax and financial advice you come across on this site is freely given by your peers and professionals on their own time and out of the kindness of their hearts. We can guarantee neither accuracy of such advice nor its applicability for your situation. Simply put, you are fully responsible for the results of using information from this site in real life situations.