A Brief on Estimating Costs of Intangible Assets During Capital Budgeting Decisions
DOI:
https://doi.org/10.14738/assrj.95.12380Keywords:
Abandonment; present value; intellectual property;Financial Leverage; Estimation, Mergers and acquisitions (M&A); PandemicAbstract
By examining financial reporting methods to determine the effects of a pandemic, intellectual property rights and other intangible assets. The goal is to explain how these factors are related to capital budgeting decision utilizing a very common and useful model for capital budgeting.
References
Barnea, A. and S. Sadan (1974) “On the Decomposition of the Estimation Problem in Financial Accounting,” Journal of Accounting Research 12, 1, 197-203
Berger, P.G., E Ofek and I. Swary (1996) “Investor valuation of the abandonment option,” Journal of Financial Economics, 42, 257-287.
Brandon, C. and J.E. Jarrett (1974) "Accuracy of Financial Forecasts," The Financial Review, 9, 29-45.
Brief, R. and J. Owen (1969) “A Note on Earnings Risk and the Coefficient of Variation, “Journal of Finance, 24 4, 901–904.
Brief, R. and J. Owen (1970) “The Estimation Problem in Financial Accounting, Journal of Accounting Research, 8, 2, 167-77
Clement, M.B. (1999) “Analyst forecast accuracy: Do ability, resources, and portfolio complexity matter?” Journal of Accounting and Economics, 27, 3, 285-303.
Crowther, D. (1996) “From the foundations upwards: Evaluating business performance’, Managerial Auditing Journal, 11(1), 35–47. Doi: 10.1108/02686909610105593
Filip, and Paugam, (2013) “Impact of Mandatory IFRS Adoption on Conditional Conservatism in Europe,” ESSEC Working Papers WP1311, ESSEC Research Center, ESSEC Business School. SSRN: 1979748
Gu, F. and W. Wang, (2005) “Intangible Assets, Information Complexity and Analysts Earnings Forecasts,” Journal of Business Finance and Accounting, 32 (9) and (10), 1673-1702
Groysberg, B., Healy, P., Nohria, N., and Serafeim, G. (2011) “What factors drive analyst forecasts?” Financial Analysts Journal, 67(4), 18-29.
Jarrett, J.E (1970),”A Note on Earnings Risk and the Coefficient of Variation: Comment,” Journal of Finance, 25, 4, 1159–1160
Jarrett, J.E (1971) "The Principles of Matching and Realization as Estimation Problems," Journal of Accounting Research, 9, 2, 378-382
Jarrett, J.E. (1972), “Notes of the Estimation Problem in Financial Accounting,” Journal of Accounting Research, 10, 1, 108-112
Jarrett. J. E. (1973) “An Abandonment Decision Model,” Engineering Economist, 19, 35–46.
Jarrett, J. E. (1974) “Bias in Adjusting Asset values for Changes in the Price Level: An Application of Estimation Theory”, Journal of Accounting Research, 12, 1 63-66
Jarrett, J.E. (1983) “The Rate of Return from Interim Financial Reports and Journal of Business Finance and Accounting, 10, 2 289-294, DOI: 10.1111/j.1468-5957.1983.tb00429.x
Jarrett J.E (2016) “he Problems of Accounting Reporting False Information and Estimation,” Intellectual Property Rights, S1, 007.
Jarrett J.E (2017A) “Intellectual Property Valuation and Accounting.” Intellectual Property Rights, 5, 181
Jarrett, J.E. (2017B) “Intellectual Property and the Role of Estimation in Financial Accounting and Mergers and Acquisitions,” SF Journal of Intellectual Property Rights, 1:1, 1-8
Jarrett, J.E. (2019) ‘Methods for evaluating the value of intangible assets’, Int. J. Business and Data Analytics, 1, 145–155. URL: http://dx.doi.org/10.14738/assrj.95.12380 273
Jung, B., F. Shane, and Y. Yang (2012) “Do Financial Analysts’ Long-Term Growth Forecasts Matter? Evidence from Stock Recommendations and Career Outcomes,” Journal of Accounting & Economics, 51, 1-2
Makridakis S, Spiliotis E, Assimakopoulos V (2018) Statistical and Machine Learning forecasting methods: Concerns and ways forward. PLoS ONE 13(3): e0194889. https://doi.org/10.1371/journal.pone.0194889
Matolcsy, Z. and A. Wyatt (2006) “Capitalized intangibles and financial analysis,” Accounting and Finance, 46, 457-479.
McDonald, T. (2003) “Review of environmental monitoring methods: Survey Designs.” Environmental Monitoring and Assessment,” 85:277-292
Pappas, J.L. (1977) “A Note on the Inclusions of Earnings Risk in Measures of Return: A Comment” Journal of Finance, 32, 1363-1366
Ramnath, S., S. Rock, and P.B. Shane (2008). The financial analyst forecasting literature: A taxonomy with suggestions for further research. International Journal of Forecasting, 24, 34-75.
Roberts, C. and E. Roberts. “Exact Determination of Earnings Risk by the Coefficient of Variation,” Journal of Finance, 25, 4, 1161–1165. White G.I, Sandhi A.C, and Fried D. (1994) The Analysis and Uses of Financial Statements (3rdedn). John Wiley, New York
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 Jeffrey E. Jarrett
This work is licensed under a Creative Commons Attribution 4.0 International License.
