ISO 10668 BRAND VALUATION PDF

ISO specifies a framework for brand valuation, including objectives, bases of valuation, approaches to valuation, methods of. STANDARD. ISO. First edition. Brand valuation — Requirements for monetary brand valuation. Evaluation d’une marque — Exigences pour. ISO specifies a framework for brand valuation including objectives, bases of valuation, approaches to valuation, methods of valuation and sourcing of.

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ISO was published for the first time in September ISObrandbrand valuationmanagement controlbrand strenghtmetastandardvaluaation change model Controlled terms: This sets out the principles which should be adopted when valuing any brand.

However, reliable values need to be placed on brands. International Financial Reporting Standard 3 [3] ‘IFRS3′[4] specifies how all acquired assets should be defined, valued and accounted for post-acquisition. The study is conducted as an explorative research.

Some features of this site may not work without it. To gather information interviews were conducted on a range of stakeholders for the standard. By using this site, you agree to the Terms of Use and Privacy Policy. The second requirement when valuing brands under ISO is a thorough behavioural analysis. There are no files associated with this item. ISO Brand valuation — Requirements for monetary brand valuation is a specification by the International Organization for Standardization ISO for the procedures and methods of measuring the value of a brand.

This page was last edited on 29 Decemberat It is a summary of existing best practice and intentionally avoids detailed methodological work steps and requirements. Requirements for monetary brand valuation” – Implementation, management control and relevance in Finnish context Author s: Furthermore, valuation providers were interviewed to gain practical information on the ISO standard.

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Brand Portfolio reviews consider whether the right number of brands and sub-brands are in the portfolio. Neither case company chose to systematically implement the standard as a tool. Two 2 OMX Helsinki listed case study companies were studied in order to understand the process of implementation and the forces at play. Retrieved from ” https: Common commercial applications of brand valuation are brand portfolio and brand architecture reviews.

It also specifies methods of reporting the results of such valuation. As it is, the ISO standard does not adequately and precisely describe the process of brand valuation. It refers to 5 specific IA types which can be separated from residual Goodwill arising on acquisition. Based on the findings it can be said that the ISO is not relevant in brand valuation or management control in Finland. Laskentatoimen laitos Department of Accounting.

From Wikipedia, the free encyclopedia. The study is believed to create useful information for various stakeholders as a similar study has not been conducted before.

The first requirement is to define what is meant by ‘brand’ and which intangible assets valuaation be included in the brand valuation opinion. The purpose of the brand valuation, the premise or basis of value and the characteristics of the subject brand dictate which primary approach should be used to calculate its value.

ISO 10668 – Definition

This non-binding standard has been analyzed in order to give an in depth description of the standard, its motivations and attributes. In both these cases, brand valuation analysis can help to evaluate the most effective value adding strategy. This would increase the standard’s appeal.

The ISO [2] adopts the structure in the following breakdown:. The case companies proved that the barriers to implement were stronger than the advancing forces. Requirements for monetary brand valuation” – Implementation, management control and relevance in Vsluation context.

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This was expected based on the difficulty of case material gathering. The case company interviewees were the entity Brand Managers. After 5 years there is no clear indication of proliferation of adoption.

The standard left too brznd room for interpretation and manipulation.

The International Standard ISO provides a consistent, reliable approach to brand valuation including financial, behavioural and legal aspects. ISO specifies a framework for brand valuation including objectives, bases of valuation, approaches to valuation, methods of valuation and sourcing of quality data and assumptions.

This requirement applies to valuations of existing brands, new brands and brand extensions. Permanent link to this item: ISO is a ‘meta standard’ which succinctly specifies the principles brahd be followed and the types of work to be conducted in any brand valuation. ISO was developed to provide a consistent framework for the valuation of local, national and international brands both large and small.

ISO – Brand valuation — Requirements for monetary brand valuation

Brand valuation can help companies rationalise and rebuild their brand portfolios and trim their brand architecture to best address current market conditions.

Brand Architecture reviews considers whether individual brands are too fragmented and extended. Each member body interested in a subject for which a technical committee has been established, has the right to be represented on that committee.

Views Read Edit View history. The ISO was published in The primary concern was to create an approach to brand valuation which was transparent, reconcilable and repeatable.