Depreciation and amortization are two methods used in accounting to assess the decrease in the value of assets over time. While depreciation is similar to amortization, they differ in the type of ...

An asset is a resource that generates an economic benefit for a business. An intangible asset is a non-physical asset, such as a copyright, patent or trademark. You recognize intangible assets in your ...

How valuable are a company’s IT systems, employee skills, culture? For many, they are worth far more than the physical and financial assets that can be tallied on a balance sheet. Measuring the value ...

Intangible assets, unlike physical ones, may evolve to a point where the business objective no longer has the capacity to utilize them effectively. This evolution triggers the need for transformation, ...

The valuation of customer-related intangible assets is a key element of many business appraisals. These intangibles lack physical substance but are crucial assets for a company's success, often ...

Business titans in the late 19th and early 20th centuries were recognized for controlling critical industries of the day, including transportation, commodities and manufacturing. Many of these ...

Instead, you would only recognize any upside as a gain upon the sale of the intangible asset, and that’s just in cases where the sale price exceeds the adjusted carrying value. You’re not wrong for ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. These days, intangible assets—like brand reputation, organizational culture, intellectual ...

Do you know the difference between tangible vs. intangible benefits? Measuring the results of your company’s output can be of ...