Intangible Asset is a not an easy subject in financial accounting. It is hard to be valued. On other hand, types of intangible been growing up rapidly. Consequently, accounting standard and rules are always become important [and contropersial] discussion. Amortization... 

For a starter, understanding fixed asset accounting takes somewhat longer time compare to other area of financial accounting. Started from the acquisition cost [initial purchase], understanding the fair market value [FMV] and book value, capitalization...