Intangible assets

From ACT Wiki
Revision as of 21:09, 16 April 2020 by imported>Doug Williamson (Add link.)
Jump to navigationJump to search

Accounting.

Intangible assets are ones 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