“Cohen has produced a broad, engaging, and admirably clear discussion of intangible assets and their valuation. There is useful background here for thinking about diverse areas of the law—in addition to obvious applications in intellectual property, corporate, and securities law, one thinks of, for example, administrative law, where debates about cost-benefit analysis ranging over intangible (and often ephemeral) assets are both ubiquitous and contentious.
Lecture "International accounting - Chapter 8: Plant assets and intangible" has content: Mesuring a the cost of a plant asset, depreciation, displosing the plant asset, displosing the plant asset, accounting for intangible assets, ethical issue.
Chapter 9 - Plant and intangible assets. In this chapter students will be able to: Determine the cost of plant assets, distinguish between capital expenditures and revenue expenditures, compute depreciation by the straight-line and declining-balance methods, account for disposals of plant assets,...
Chapter 7 - Long-term assets. After reading the material in this chapter, you should be able to: Identify the major types of property, plant, and equipment; identify the major types of intangible assets; describe the accounting treatment of expenditures after acquisition; calculate depreciation of property, plant, and equipment; calculate amortization of intangible assets; account for the disposal of long-term assets.
Chapter 8 - Reporting and analyzing long-term assets. After studying this chapter you will be able to: Explain the cost principle for computing the cost of plant assets; explain depreciation for partial years and changes in estimates; distinguish between revenue and capital expenditures, and account for them.
After completing this chapter, students will be able to: Determine the cost of plant assets, distinguish between capital expenditures and revenue expenditures, compute depreciation by the straight-line and declining-balance methods, account for depreciation using methods other than straight-line or declining-balance, account for the disposal of plant assets,...
Chapter 11 completes the discussion of accounting for property, plant, and equipment and intangible assets by addressing the allocation of the cost of these assets to the periods benefited by their use. Expenditures subsequent to acquisition and impairment are also covered in this chapter.
Lecture Fundamental accounting principles - Chapter 10: Plant assets, natural resources, and intangibles. The learning objectives for this chapter include: Explain the cost principle for computing the cost of plant assets; explain depreciation for partial years and changes in estimates; distinguish between revenue and capital expenditures, and account for them.
Chapter 10 - Plant assets, natural resources, and intangibles. After completing this chapter you should be able to: Explain the cost principle for computing the cost of plant assets; explain depreciation for partial years and changes in estimates; distinguish between revenue and capital expenditures, and account for them.
IAS 36 Impairment of Assets was issued by the International Accounting Standards Committee in June 1998. It replaced requirements for assessing the recoverability of an asset and recognising impairment losses that were included in IAS 16 Property, Plant and Equipment, IAS 22 Business Combinations, IAS 28 Accounting for Investments in Associates and IAS 31 Financial Reporting of Interests in Joint Ventures. Limited amendments were made in 1999, 2000 and January 2001.
(BQ) Part 2 book "Intermediate accounting" has contents: Intangible assets, dilutive securities and earnings per share, revenue recognition, accounting for income taxes, accounting for leases, statement of cash flows, full disclosure in financial reporting,...and other contents.
(BQ) Part 2 book "Accountants handbook" has contents: Analyzing financial statements, price change reporting, revenues and receivables, goodwill and other intangible assets, accounting for income taxes, financial institutions, accounting for government contracts,...and other contents.
(BQ) Part 1 book "Corporate financial accounting" has contents: Introduction to accounting and business, analyzing transactions, the adjusting process, completing the accounting cycle, accounting for merchandising businesses, fixed assets and intangible assets,...and other contents.
The world suffers no shortage of accounting texts. The
many I’ve read over the past 25 years have helped me audit,
prepare, use, and explain corporate financial statements.
Missing in this lettered journey has been a work that
provides context for accounting’s six divisive issues: inflation,
volatility, intangibles, debt, options, and earnings. A brief history
of accounting can fill this void.
Students and practitioners study textbooks designed to explain
the how’s of accounting.
Intangible assets include goodwill arising from acquisitions made after January 1, 1992.
Goodwill is amortized using the straight-line method over its estimated economic life, not
to exceed forty years.
Certain acquired intangible assets other than goodwill (‘in-process R&D') are expensed in
the period of acquisition.
Patents and trademarks acquired from third parties are capitalized and amortized over their
I and my fellow Board members at the International Accounting Standards Board (IASB) are committed
to developing high quality, understandable, and enforceable global accounting standards that meet the demands
for comparable and transparent information in the world’s capital markets. Recently we completed a
work program to develop and issue a stable platform of such standards. Those standards, the International
Financial Reporting Standards (IFRS), are now being implemented in a large number of countries around the
Broadly speaking, you can deduct from your turnover all the costs you incur
for the sole purpose of earning business profits. But you cannot deduct costs
which you incur for a non-business purpose, such as your own personal
expenses or drawings. And you cannot deduct capital costs, that is, the cost
of buying fixed assets or intangibles, such as goodwill, which last for several
years (or losses you suffer when you sell them). But you may be able to
claim capital allowances (see page 8) for these capital costs.
Media is at the very heart of society and business. As the economy inexorably shifts from the tangible to the intangible, media in its many forms is accounting for an ever-increasing proportion of value created. Over the last decade we have seen many new media emerge, many new ways not just to disseminate content in all its forms, but also to interact, invite contribution, build relationships, and engage in conversations.
The ecosystem accounting framework presented
here is being tested in the context of an open Europe
taking stock of its relations to the rest of the world.
Because ecosystem accounts are deep-rooted into
monitoring databases, implementation presently
focuses on physical accounts. Monetary valuations,
the adjustment of national accounts aggregates for
income and final consumption, and the calculation
of ecological debts, are foreseen in subsequent
steps within the same logical framework.
ATL Ultrasound was acquired on October 2, 1998 for NLG 1,613 million in cash. ATL
Ultrasound is a leading company in the high-performance ultrasound market. Included in
the purchase price for ATL was goodwill paid for the amount of NLG 775 million,
in-process R&D for the amount of NLG 401 million and NLG 115 million for patents and
Goodwill and patents and trademarks are capitalized under intangible assets and
amortized over 12 years and 8 years respectively.