Search results
Results from the WOW.Com Content Network
Intangible asset finance, also known as IP finance, is the branch of finance that uses intangible assets such as intellectual property (legal intangible) and reputation (competitive intangible) to gain access to credit. Like other areas of finance, intangible asset finance is concerned with the interdependence of value, risk, and time.
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). [1]
The fastest growing types of intangible asset over 2011–2021 have been software and data, followed by brands, organizational capital, and new financial products. Recent estimates from Brand Finance used in the Global Innovation Index (GII) suggest that the global value of intangibles has been growing rapidly over the last 25 years to reach ...
Goodwill and intangible assets are usually listed as separate items on a company's balance sheet. [ 4 ] [ 5 ] In the b2b sense, goodwill may account for the criticality that exists between partners engaged in a supply chain relationship, or other forms of business relationships, where unpredictable events may cause volatilities across entire ...
The IFRS (International Financial Reporting Standards) committee developed the International Accounting System 38 with the purpose of prescribing the accounting treatment for intangible assets. IAS 38.8 defines an intangible asset as an identifiable non-monetary asset without physical substance. An asset is a resource that is controlled by the ...
Understanding current assets can sharpen your personal finances and help you find good investment opportunities. Discover current ratios and how to use them.
Amortization is recorded in the financial statements of an entity as a reduction in the carrying value of the intangible asset in the balance sheet and as an expense in the income statement. Under International Financial Reporting Standards, guidance on accounting for the amortization of intangible assets is contained in IAS 38. [1]
4. Education. You might not have thought of it this way, but your education credentials are among your greatest assets. Choosing to invest in your own education to qualify for a better job or gain ...