Intangible assets have a finite or indefinite useful life, depending on whether they can be renewed or extended. The accounting for goodwill and intangible assets at acquisition depends on the ...

Intangible assets include franchise rights ... Starting in December 2001, the accounting changed so that goodwill stays on the books for the original amount unless the fair value of the acquired ...

Assets with indefinite useful lives, such as goodwill, are not amortized but are periodically tested for impairment. Accounting Standards Compliance: The process of amortizing intangible assets is ...

intangible assets pose some challenges for accounting and reporting. One of the main issues is how to amortize intangible assets, or allocate their cost over their useful lives. Amortization is ...

and their accounting for intangible assets such as drug development, cryptocurrency or brands. “You’re seeing us really explore what, depending on the direction those projects take ...

CII calls for review of accounting standards to recognize intangible assets, crucial for India's digital economy growth.

The update introduces new terms, such as "crypto intangible assets," that also can be found in the updated Blockchain Universal Glossary. The practice aid was updated last year and featured auditing ...

The Confederation of Indian Industry (CII) has called for a comprehensive review of the recognition and accounting of ...

Financial depreciation uses specific accounting rules for transparency ... Unlike regular bonus depreciation, no expiration date exists for section 179. Intangible assets represent a growing share of ...

The accounting profession and insurance ... in a much stronger position to make the best use of all their assets, tangible and intangible. Opinions expressed by Forbes Contributors are their ...

Global accounting standards body IFRIC has concluded that crypto is an intangible asset. - New classification could have ramifications for cryptocurrency exchanges operating as currency traders. A ...