Intangibles
Intangibles refer to non-physical assets that a company possesses, which hold long-term value, such as intellectual property, brand recognition, goodwill, and copyrights. These assets are characterized by their lack of physical substance and the economic benefits they offer over a period of time, which are subject to amortization and impairment considerations in financial reporting.
Lesson Videos
Intangibles Overview and Objectives
Tangible Versus Intangible Assets
Classification of Intangible Assets
Valuation of Intangible Assets
Capitalization of Costs
Amortization of Intangibles
Treatment of Start-up Costs
Franchisee Accounting
Franchisee Accounting Example
Goodwill from Business Combinations
Goodwill Impairment
Goodwill Impairment Example
Intangibles Summary
Intangibles - Practice Questions
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