
Why intangible assets are reshaping business valuation
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: Why intangible assets are becoming a major driver of business value The growing gap between market value and financial statement value How valuation standards support consistency and trust Why investors need greater visibility for intangible investments What CFOs, auditors and valuers can do differently to improve intangible valuations What the IASB ' s review of intangible asset reporting could mean Why transparency, professional judgement , and valuation quality matter 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 Gue st s : Ram Subramanian , e xternal r eporting p olicy l ead , CPA Australia Nicolas Konialidis , d irector of the International Valuation Standards Council (IVSC) in Asia and technical director of IVSC's Business Valuation Board. H e has over three decades of experience in equity markets, corporate finance, and valuations in Europe, the USA and Asia Learn more about the IVSC by heading to its website and there you'll find additional perspectives on intangibles. And you can read IOSCO ' s statement on the i mportance of h igh- q uality v aluation i nformation in f inancial r eporting . 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. You can also w atch the Valuing AI, Data and Intangible Assets: Insights from Nicolas Konialidis webinar from CP A Australia 's 'Accounting for Intangibles Summit ' . L isten to more With Interest episodes and other CPA Australia podcasts on YouTube. https://www.youtube.com/@CPAaustralia/podcasts 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: With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud Excel Tips https://www.cpaaustralia.com.au/tools-and-resources/podcasts/excel-tips Search for them in your podcast platform. E mail 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





