IFRS

We need to be capable of making a valuation of the intangibles in the new economy

“Not Recognising Intangible Assets Is Creating Huge Amounts Of Goodwill”

“Goodwill only appears with the acquisition of a company. Not if you just grow organically, which makes comparisons difficult. Skype paid 2.6 billion dollars for eBay and goodwill was 2.3 billion. We need to be capable of making a valuation of the intangibles in this type of company,” explains Anne Jeny, member of the Management Committee of the European Accounting Association.