Excellent reference
June 8, 2009
Written by:
Federico J.(New York, NY)
This guide, also known as the IPR&D Practice Aid, is one of the best references when valuing in-process research and development intangible assets. It provides details about the application of the multi-period excess earnings and how to address some of the common issues while using this valuation methodology. This guide should be revise to include SFAS 157 concepts and applications (it is in my understanding that this guide is currently under review by the AICPA).
Reviewer Profile
Job Type:
Consulting
Job Title:
Manager
Experience with this Topic:
Advanced
Are you a CPA?:
No
Response from Publisher:
ByPublisher,
June 10, 2009
The AICPA IPR&D Task Force is currently in process of updating the publication, Assets Acquired in a Business Combination to Be Used in Research and Development Activities: A Focus on Software Electronic Devices and Pharmaceutical Industries, for recent pronouncements and developments in practice. We currently do not have an estimate of when this revised edition will be available, but please visit this site back for future information.
