intangible asset


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  • noun

Synonyms for intangible asset

assets that are saleable though not material or physical

References in periodicals archive ?
The IRS stated the taxpayer did not receive any property interest or right that is intrinsically capable of being sold, transferred, or pledged, and therefore, the payment is not an amount paid to create or enhance a separate and distinct intangible asset as defined in Regs.
* Intangible assets. Sometimes called "good will," these assets are the reputation of the physicians, the location and name recognition of the practice, the loyalty and volume of patients, and other intangibles.
ASC 350-3035-1 states that an intangible asset with a finite useful life should be amortized over its useful life to the reporting entity.
Summary: Clarity may be required on the associated risks for finance to be extended by banks against name lending compared to lending against intangible assets, comments Mostapha Osman
Economic success is increasingly based on upon the effective utilization of intangible assets, but despite of their significance, the literature reveals a low level of interest in their identification, measurement and disclosure, especially in the public sector.
* The useful life of each identified intangible asset is the period over which the asset is amortized for financial reporting purposes;
Fourth quarter 2012 net income included an intangible asset impairment charge of USD0.02 per share related to the redemption of a sub-advised account.
ASUs 2011-08 and 2012-02 did not change the quantitative tests for goodwill or indefinite-lived intangible asset impairment testing, respectively For instance, ASU 2011-08 states that if, based on a qualitative assessment, an entity determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, the entity is required to perform Step 1 of the quantitative test.
Calculate the intangible asset value by taking the market value from Step 1, subtracting shareholder's equity (also referred to as book value) and adding in goodwill, if any, both of which appear on the balance sheet.
IAS 38 standard imposes that an intangible asset must be identifiable to clearly distinguish it from goodwill, as well as defining its future economic benefits*.
Ian Ellis, Maximizing Intellectual Property and Intangible Assets: Case Studies in Intangible Asset Finance, Athena Alliance Working Paper 07 (Washington, DC: Athena Alliance, November 2009), http://www.athenaalliance.org.
A new approach for intangible asset valuation based on the residual operating income (REOI) model as a variant of fundamental value of equity model was developed by the author in (Volkov, Garanina, 2007).
Although each type of intangible asset is different, a handful of factors help determine a credible estimate of value.
"Tangible and amortisable intangible asset values will depreciate as per their life expectancy, affecting future earnings.
* We have to determine an intangible asset's lifespan.