Intangible asset

intangible assetsintangibleintangiblesintangible capitalintangible productintangible property taxintangible property taxesintangible rightlegal intangible
An intangible asset is an asset that lacks physical substance.wikipedia
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Valuation (finance)

valuationinvestment analysisvaluations
An intangible asset is usually very hard to evaluate.
Valuations can be done on assets (for example, investments in marketable securities such as stocks, options, business enterprises, or intangible assets such as patents and trademarks) or on liabilities (e.g., bonds issued by a company).

Asset

assetstotal assetstangible asset
An intangible asset is an asset that lacks physical substance.
One can classify assets into two major asset classes: tangible assets and intangible assets.

Goodwill (accounting)

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Patents, copyrights, franchises, goodwill, trademarks, and trade names.
Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business.

Intangibles

intangibilityintangible
The general interpretation also includes software and other intangible computer based assets are all examples of intangible assets.
Intangible asset, an asset class used in accounting

Amortization

amortizedamortizeamortizing
Intangible assets with identifiable useful lives are amortized on a straight-line basis over their economic or legal life, whichever is shorter.
In accounting, amortisation refers to charging or writing off an intangible asset's cost as an operational expense over its estimated useful life to reduce a company's taxable income.

Cognitive assets

Cognitive assets
Cognitive assets are tangible and intangible organizational assets that constitute sources of the cognition that is necessary for action coordination.

Intellectual capital

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Intellectual capital
The term is used in academia in an attempt to account for the value of intangible assets not listed explicitly on a company's balance sheets.

Brand

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Brand
In accounting, a brand defined as an intangible asset, is often the most valuable asset on a corporation’s balance sheet.

Income statement

lossprofit and lossprofit and loss account
An impairment loss is determined by subtracting the asset's fair value from the asset's book/carrying value.
Depreciation / Amortization - the charge with respect to fixed assets / intangible assets that have been capitalised on the balance sheet for a specific (accounting) period. It is a systematic and rational allocation of cost rather than the recognition of market value decrement.

Patent valuation

Patent valuation #Option-based methodPatent valuation § Option-based methodpatents
Patent valuation
Most of the technological companies are highly based on intangible assets and investment in knowledge, research and innovation.

Tangible common equity

tangible book value
Tangible common equity
Tangible common equity (TCE) is the subset of shareholders' equity that is not preferred equity and not intangible assets.

Patent

patentspatent lawpatented
Patents, copyrights, franchises, goodwill, trademarks, and trade names.

Copyright

copyright lawcopyrightscopyrighted
Patents, copyrights, franchises, goodwill, trademarks, and trade names.

Exclusive right

franchiseexclusive rightsexclusive
Patents, copyrights, franchises, goodwill, trademarks, and trade names.

Trademark

trademarkstrade marktrademarked
Patents, copyrights, franchises, goodwill, trademarks, and trade names.

Trade name

doing business asDBAd/b/a
Patents, copyrights, franchises, goodwill, trademarks, and trade names.

Software

computer softwaresoftware technologyprogram
The general interpretation also includes software and other intangible computer based assets are all examples of intangible assets.

Australian Accounting Standards Board

Prior to 2005 the Australian Accounting Standards Board issued the Statement of Accounting Concepts number 4 (SAC 4). This statement did not provide a formal definition of an intangible asset but did provide that tangibility was not an essential characteristic of asset.

International Accounting Standards Board

International Accounting Standards Board (IASB)IASB(IASB) International Accounting Standards Board
International Accounting Standards Board standard 38 (IAS 38) defines an intangible asset as: "an identifiable non-monetary asset without physical substance." This definition is in addition to the standard definition of an asset which requires a past event that has given rise to a resource that the entity controls and from which future economic benefits are expected to flow. Thus, the extra requirement for an intangible asset under IAS 38 is identifiability. This criterion requires that an intangible asset is separable from the entity or that it arises from a contractual or legal right. The International Accounting Standards Board (IASB) offers some guidance (IAS 38) as to how intangible assets should be accounted for in financial statements.

Financial Accounting Standards Board

FASBFederal Accounting Standards BoardFinancial Accounting Standards
The Financial Accounting Standards Board Accounting Standard Codification 350 (ASC 350) defines an intangible asset as an asset, other than a financial asset, that lacks physical substance.

Expense

expensesexpenditurebusiness expense
Accounting treatment of expenses depends on whether it is classified as research or development.

Financial statement

financial statementsfinancial reportingfinancial report
The International Accounting Standards Board (IASB) offers some guidance (IAS 38) as to how intangible assets should be accounted for in financial statements.

Tangible property

tangibletangible assetsmaterial good
Tangible property