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Brian Feroldi (@brianferoldi) • Instagram reel
Brian Feroldi (@brianferoldi) • Instagram reel
592 likes, 6 comments - brianferoldi on November 24, 2024: "Intangible Assets Explained Simply: Follow @brianferoldi for more content like this. 📚 Grab my FREE accounting infographic ebook: (link in bio) Intangible assets are non-physical assets (you can’t touch them) that create an economic benefit for an entity. Here are 7 key types and their examples: 1. TRADEMARKS Definition: Symbols, names, or slogans used to identify goods or services. Example: Amazon’s logo or Nike's “Just Do It” slogan. 2. PATENTS Definition: Exclusive rights to make, use, or sell an invention. Example: A pharmaceutical company's exclusive right to produce & sell a drug. 3. COPYRIGHTS Definition: Protection of artistic or literary works. Example: The rights to the Harry Potter series or The Beatles music. 4. GOODWILL Definition: Excess of the purchase price over the fair value of net identifiable assets of a business in an acquisition. Example: Microsoft acquired Activision Blizzard for $69 Billion. Activision’s net asset value was $18 billion. Microsoft added $51 Billion of Goodwill to its balance sheet. 5. FRANCHISES Definition: Authorization granted to carry out specified commercial activities. Example: The right to own & operate a McDonald's or Subway. 6. CUSTOMER LISTS Definition: Information about marketing & selling to a group of customers. Example: Microsoft’s list of clients. 7. LICENSES Definition: Permission to perform activities or produce items, typically granted by a government. Example: A radio broadcasting license. #accounting #accountingstudent #finance #finance101 #investing #investingforbeginners".
Brian Feroldi (@brianferoldi) • Instagram reel
Intangible assets – can’t touch this
Intangible assets – can’t touch this
IAS® 38 Intangible Assets is one of the key standards in the Financial Reporting (FR) exam, covering how companies should account for intangible assets. This standard can be examined in all sections of the exam. A well-prepared candidate needs to be able to understand and explain the key principles of the standard, in addition to preparing calculations.
Intangible assets – can’t touch this
Saheb Academy
Saheb Academy
848 likes, 10 comments. "What is Intangible Asset ?"
Saheb Academy
Intangible asset
Intangible asset
An intangible asset is an asset that lacks physical substance. Examples are patents, copyright, franchises, goodwill, trademarks, and trade names, reputation, R&D, know-how, organizational capital as well as any form of digital asset such as software and data.
Intangible asset
Amortization
Amortization
In accounting, amortization is a method of obtaining the expenses incurred by an intangible asset arising from a decline in value as a result of use or the passage of time. Amortization is the acquisition cost minus the residual value of an asset, calculated in a systematic manner over an asset's useful economic life.
Amortization
Earnings before interest, taxes, depreciation and amortization
Earnings before interest, taxes, depreciation and amortization
Earnings before interest, taxes, depreciation, and amortization, commonly known as EBITDA, is a measure of a company's profitability of the operating business only, before any effects of indebtedness, state-mandated payments, and costs required to maintain its asset base.
Earnings before interest, taxes, depreciation and amortization
Know the 3 Types of Business Buyers and What Motivates Them
Know the 3 Types of Business Buyers and What Motivates Them
When selling your business, you may receive offers from three kinds of buyers: strategic, financial, and individual. Here’s a look at the most common buyers and where their motivations lie.
Know the 3 Types of Business Buyers and What Motivates Them
Why Team Selling Fails Without a Process | Outreach
Why Team Selling Fails Without a Process | Outreach
Team selling wins complex deals--when it's structured. Learn the top failure points (role clarity, exec sponsorship, engagement orchestration) and how to fix them with a repeatable framework.
Why Team Selling Fails Without a Process | Outreach
Rent a Gaming Server! Instant & Affordable Hosting
Rent a Gaming Server! Instant & Affordable Hosting
Gaming server by the world's leading Hoster ➤ low prices ✓ excellent service ✓ 24/7 support ✓ free backups ✓ rent a high quality gaming server now!
Rent a Gaming Server! Instant & Affordable Hosting
FiveM - Server hosting
FiveM - Server hosting
FiveM is a modification framework for GTA V, allowing you to play multiplayer on customized dedicated servers.
FiveM - Server hosting
FiveM
FiveM
FiveM is a modification framework for GTA V, allowing you to play multiplayer on customized dedicated servers.
FiveM