권리금 감정평가의 문제점 및 개선방안

Abstract

This paper has been prepared for the purpose of the theoretical and institutional supplement by checking the status of the appraisal of the goodwill (or premium) at the moment of 4 years after the ‘Appraisal Standard’ was announced. When assessing tangible part of goodwill, appraisal condition whether switching industry is same as before or not should be indicated in the report, because appraisal method depends on the conditions. It is desirable to apply income approach to evaluate intangible part of goodwill. Operating profit should be based on an operating profit corresponding to the right. The discount period should be the expected operating period of the subject retail, not always 5 years. Consideration of different operating periods by industry and region should be appropriately reflected in the discount rate(or risk premium rate), due to the fact that the discount rate applied is inversely proportional to the operating period. To evaluate goodwill or premium, direct capitalization method in income approach can not be applied or business losses assessment for compensation. Current appraisal fees of goodwill are unable to produce good quality reports, so reform of the fee system is necessary.