FASB issued a standard clarifying the scope of its asset derecognition guidance and adding accounting guidance for partial sales of nonfinancial assets.

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 ...

As globalization and a focus on services continue to take hold, a greater proportion of a corporation’s assets have become intangible in nature. What does this mean for investors?

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 ...

The American Institute of CPAs’ Digital Assets Working Group has released a practice aid to offer guidance on how to account for and audit digital assets such as Bitcoin and other forms of ...

Putting a value on a company's intangible assets -- including IT -- is nigh to impossible, but the creators of the balanced scorecard methodology say measuring the alignment of intangibles with ...