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2. Intangible asset - Wikipedia

   en.wikipedia.org/wiki/Intangible_asset

   Intangible assets are typically expensed according to their respective life expectancy. [2] [7] Intangible assets have either an identifiable or an indefinite useful life. Intangible assets with identifiable useful lives are amortized on a straight-line basis over their economic or legal life, [10] whichever is shorter. Examples of intangible ...

3. Balance sheet - Wikipedia

   en.wikipedia.org/wiki/Balance_sheet

   In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

4. Amortization (accounting) - Wikipedia

   en.wikipedia.org/wiki/Amortization_(accounting)

   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]

5. How Can I Value My Intangible Assets? - AOL

   www.aol.com/value-intangible-assets-145606496.html

   Unlike physical assets such as machinery or real estate, intangible assets lack a physical presence. They include things like brand recognition, customer loyalty, patents, copyrights and business ...

6. What Are Assets? Your Guide - AOL

   www.aol.com/assets-guide-224016364.html

   In simple words, an asset is something of value owned by an organization or person. Your car is an asset and so is your house. Other examples of assets include patent formulas, industrial ...

7. Goodwill (accounting) - Wikipedia

   en.wikipedia.org/wiki/Goodwill_(accounting)

   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 ...