To provide guidance for the accounting treatment of purchased and internally-generated intangible assets in compliance with Governmental Accounting Standards Board (GASB) Statement No. 51: Accounting ...

Intangible drilling and development costs (IDCs) are capital in nature; however, the IRC and regulations provide alternatives for treatment of such costs. The individual or entity that holds the ...

Maintaining intangible assets is critical for businesses of any size or industry. This need has become significantly more critical in the digital age, where knowledge-based SMEs are driving economies ...

Some leases and other contracts for priority access to electricity needed for new technologies may require 15-year ...

For much of modern economic history, the value of a business was measured in tangible terms. Factories, machinery, inventory, ...

Many of the assets that form the foundations of modern companies are overlooked, especially in the fast-paced world of software development. These assets are the keys to unlocking innovation and ...

Intangible drilling and development costs (more commonly referred to as “intangible drilling costs” or “IDCs”) are expenditures made by an operator in the development of an oil or natural gas property ...

Forbes contributors publish independent expert analyses and insights. I teach growth leaders how to grow revenues, profits and firm value. It is inherently difficult to predict and forecast future ...

Intangible assets include operational assets that lack physical substance. For example, goodwill is a fixed asset, as are patents, copyrights, trademarks and franchises. A company's intangible assets ...