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  • Book
  • © 1992

The Treatment of Intangibles

A Banker’s View

Palgrave Macmillan

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-viii
  2. Introduction

    • T. H. Donaldson
    Pages 1-14
  3. Goodwill

    • T. H. Donaldson
    Pages 15-31
  4. Brand Names and Patents

    • T. H. Donaldson
    Pages 33-62
  5. Capitalised Expenses

    • T. H. Donaldson
    Pages 63-76
  6. Uses and Situations

    • T. H. Donaldson
    Pages 77-115
  7. Conclusion

    • T. H. Donaldson
    Pages 117-125
  8. Back Matter

    Pages 127-130

About this book

The book argues that accountants overemphasise cost and liquidation value, ignore cashflow and value to a going concern; that they would 'rather be precisely wrong than roughly right'. They therefore distort the values of many tangible and intangible assets, and overstate goodwill, with serious distorting effect. The book supports these arguments, illustrates the harm they do, and discusses how values, and their impact, vary - depending on the party banker, shareholder and situation.

Authors and Affiliations

  • European Credit Policy Committee, J. P. Morgan, UK

    T. H. Donaldson

Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access