Search results
Results from the WOW.Com Content Network
The International Accounting Standards Board (IASB) offers some guidance (IAS 38) as to how intangible assets should be accounted for in financial statements.In general, legal intangibles that are developed internally are not recognized and legal intangibles that are purchased from third parties are recognized. [2]
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 accounting, goodwill is an intangible asset recognized when a firm is purchased as a going concern.It reflects the premium that the buyer pays in addition to the net value of its other assets.
Purchase price allocation (PPA) is an application of goodwill accounting whereby one company (the acquirer), when purchasing a second company (the target), allocates the purchase price into various assets and liabilities acquired from the transaction.
Transocean (NYS: RIG) carries $8 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road. Could ...
Financial accounting is a branch of accounting concerned with the ... Non-current assets include fixed or long-term assets and intangible assets: fixed (long term ...
Intangible assets ratio This ratio shows us the percentage of total assets made up by goodwill and other intangibles. Heiserman says he views anything over 20% as worrisome, "because management ...
Intangible property is used in distinction to tangible property. It is useful to note that there are two forms of intangible property: legal intangible property (which is discussed here) and competitive intangible property (which is the source from which legal intangible property is created but cannot be owned, extinguished, or transferred).