Intangible assets

Accounting.

Assets that are considered to be long-term assets but are intangible in nature, such as the value of patents and goodwill generated by the business.

Relevant accounting standards include IAS 38 and Sections 18 and 19 of FRS 102.

See also

• Assets
• Gearing
• IAS 38
• FRS 102
• Intellectual property
• Tangible asset