The Appraisal Foundation's continued guidance on intangible asset valuation has put the spotlight squarely on contributory assets. In part 8 of BVR's Online Symposium on Fair Value Measurement, expert Nathan DiNatale shows how to put this guidance to use when using the cost approach in valuing contributory assets. From identifying and separating the asset to determining its value with the cost approach, DiNatale will discuss how to properly arrive at a sound and defensible conclusion of value.

• Introduction
• What are Contributory Assets
• What are Intangible Assets
• Methods of Valuing Intangible Assets
• The Cost Approach
• Overview
• Cost Measurement
• Depreciation and Obsolescence Considerations
• Tax considerations
• Limitations of Cost Approach
• Sanity Check with Other Methods
• Examples of Methods

• Define the cost approach and its implementation in measuring contributory assets
• Associate cost methods used with tangible and intangible asset appraisal targets
• Identify the circumstances in which the cost approach should be applied
• Define professional guidelines that affect the use of the cost approach in contributory asset measurement