How do you measure value when much of a company's worth no longer appears on the balance sheet?
This episode explores the growing importance of intangible assets and why they have become one of the most significant challenges facing accountants, valuers, investors, and standard setters.
As investment increasingly flows into intangibles such as software, data, AI, brands and intellectual capital, questions are emerging about whether traditional financial reporting can keep pace.
Key listener takeaways include:
You'll gain clear insight from this practical discussion on where value now lives inside organisations and how reporting frameworks may need to evolve.
Host: Elinor Kasapidis, chief of policy standards and external affairs, CPA Australia
Nicolas Konialidis, director of the International Valuation Standards Council (IVSC) in Asia and technical director of IVSC's Business Valuation Board. He has over three decades of experience in equity markets, corporate finance, and valuations in Europe, the USA and Asia
IOSCO is the international body that brings together the world's securities and derivatives regulators, and is recognised as the global standard setter for financial market regulation.
And don't forget to click subscribe to the channel for a wide range of content that will help your career.
CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au
Chapters:
00:00 Intangible Assets and Business Valuation: Why Value Creation Is Changing
00:26 CPA Australia With Interest: Valuations, Accounting Standards and Intangible Assets
01:30 Nicolas Konialidis on the Dot-Com Boom, Market Valuations and Intangibles
02:31 IVSC Explained: International Valuation Standards and Financial Reporting
04:08 AI, Data, Software and Platform Businesses: The Intangible Asset Challenge
06:07 Capital Allocation and AI Investment: Why Better Intangible Asset Reporting Matters
07:05 IVSC Intangible Assets Research: Goodwill, Brand Value, Human Capital and Data
10:19 IAS 38 and the IASB Review: Modernising Accounting for Intangible Assets
11:28 CFOs as Chief Value Officers: Valuation Skills for the Intangible Economy
13:36 Making Intangibles More Tangible: Improving Valuation Transparency and Comparability
15:17 IOSCO, IVSC and Financial Reporting: Raising Valuation Quality Standards
16:40 CPA Australia Intangible Summit: The Future of Accounting and Valuation Standards
18:31 Technology Innovation vs Accounting Standards: Closing the Intangibles Gap
19:29 Valuation Risk and Intangible Assets: Impacts on Investors and Capital Allocation
20:46 Market Value vs Book Value: Why Financial Reporting Must Stay Relevant
21:58 Key Takeaways: Intangible Assets, Valuation Standards and Market Confidence
