How do you assess the value of intangible assets such as
copyrights and logos?
Answers were Sorted based on User's Feedback
Answer / guest
Charities would not normally hold such assets as
investments but only for their functional use. In this case
value at either their depreciated historical cost or their
depreciated estimated value in use or other acceptable
basis of valuation the trustees decide on - which does not
have to be "market value
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / phiri bernard
I agree alittle bit with Namish Bhatia. What needs to be
considered first how much is expected to be derived/earned
out the Intangible asset. Therefore the cost incurred must
be inclusive of any legal and cost to get it into woorking
condition. Charges can only be expensed if you breach the
the terms of the copy that is if purchased.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nimish bhatia
the value shall be assessed as follows:
cost incurred to purchase
+any legal charges
+any cost to get it into working condition.
such assets shall be amortised over a period of 10 years(as
per AS26).. however assets like websites etc can be
amortised in a shorter period....
| Is This Answer Correct ? | 1 Yes | 1 No |
Expand---------TRSP
Does the Commission have a policy on the holding of reserves?
what is merchant banking ?
what is accounting? pls tell me in exact definition
what is the differences and similarities of cash inflow , revenue & gain
What are operating Costs?
1. Fdr mature with interest
what difference b/w commerce and accounting?
what is meant by bills payable?
What will be the journal entry of bank charges paid to bank
Expand ------BMI
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?