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A new chapter in Accounting for and Auditing of Digital Assets provides examples of substantive procedures and scenarios for ...
The useful lives of certain intangible assets will surprise some CPAs given the way Statement no. 142 addresses legal or contractual provisions. Consider examples of intangible assets that are the ...
Book and tax depreciation refer to the processes used to account for depreciable assets, while intangible valuation is a process used to account for intangible assets that cannot be amortized.
The tokenization of patents and the adoption of blockchain technology around smart intangible asset management will unlock the full potential of IP for enterprises.
Some examples of intangible personal property include image, social, and reputational capital, as well as personal social media pages and other personal digital assets.
How to: Trademarks & Intangibles in QuickBooks. If your business spends money on an intangible asset such as a patent or trademark, set up the asset in QuickBooks as you would a fixed asset.