Showing posts with label Austrian Standards Institute. Show all posts
Showing posts with label Austrian Standards Institute. Show all posts

Tuesday, February 19, 2008

Austrian Standards Institute on Trade Mark Valuation

Anyone interested in trade mark valuation - and who can read German - may be interested in the following link to the Austrian Standards Institute page on trade mark valuation. Austrian Standard ONR 16800 was published on 1 March 2006 and can be ordered on-line here (at a cost of €57,97).

The webpage points out that the value of the trade mark should be included in company's balance sheets under IFRS rules. Experience shows that this is rarely done - at least not systematically - and it is interesting to see that the Austrian Standards Institute expressly mentions this point.