This article summarizes the following procedures related to defining the intangible asset valuation assignment: defining the purpose and the objective of the intangible asset valuation, selecting the appropriate standard of value, selecting the appropriate premise of value, describing the subject intangible asset, describing the subject bundle of legal rights, selecting the appropriate valuation date, and defining the valuation assignment in a client engagement letter.
Valuation of personal property
Reilly, R. F. (2011). Defining the intangible asset valuation assignment. Journal of Property Tax Assessment & Administration, 8(4), 45-59. Retrieved from https://researchexchange.iaao.org/jptaa/vol8/iss4/5