Don’t overlook intangibles when valuing your business

By |2019-09-03T20:44:39+00:00September 3rd, 2019|Blog|

The average company’s balance sheet understates its value by 80%, according to Sarah Tomolonius, co-founder of the Sustainability Investment Leadership Council. Why? Intangible assets aren’t recorded on the balance sheet under U.S. Generally Accepted Accounting Principles (GAAP), unless they’re acquired from a third party. Instead, GAAP generally calls for the costs associated with creating and maintaining [...]