As the global economy increasingly turns less on physical goods and more on intellectual property (IP), patents have become an efficient and effective way for a company to increase its valuation, especially when preparing for a sale, according to a pair of speakers at the Foundation for Accounting Education’s Business Valuation Conference on May 21. 

While the task of valuing a business is challenging enough on its own, it becomes even more difficult when that business deals mainly in cash. But a pair of speakers at the Foundation for Accounting Education’s Business Valuation Conference on May 21 walked their audience through the different ways professionals can adapt.