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Almost all businesses need substantial amounts of assets to make sales and to carry on operations. The total assets of most businesses are a third, a...
A fair value estimate for computer software must be considered in the context of the fair value in a hypothetical transaction. Does the software value make...
Intangible assets (resources) play a fundamental role in economies’ change, from traditional scale-based manufacturing to new innovation-oriented activities. Intellectual property, R&D, workforce training, brand, software, organizational...
There are three general approaches to valuing any asset or interest in a business. The three approaches are commonly referred to as (1) the cost approach,...
Under the accounting rule known as SFAS 142, companies are required to perform an annual goodwill impairment test regardless of whether there is a triggering event....
Asset impairment occurs when the fair value of an asset declines below the amount at which it is recorded on the books (its carrying amount). Impairment...
Intangible assets are derived from a number of areas, including research and development (R&D) effort grouped as “intangible asset generated from internal process”. In general, intangible assets...
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...
The purpose of IAS 38, Intangible Asset is to prescribe the recognition and measurement criteria for intangible assets that are not covered by other Standards. This...