Goodwill, for example, doesn't represent any ... amount unless the fair value of the acquired assets is judged to be "impaired." A similar accounting treatment is used for patents.

Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives.

The CFA Institute is urging accounting standard-setters to require more detailed disclosures of intangible assets before they ...

It arises when an organization’s accounting income is lower than ... Here are some common examples. Deferred tax assets help determine a company’s tax strategies, financial outlook and ...

For example, when a delivery company ... "IAS 36 Impairment of Assets." LH Frishkoff & Company. "Accounting for Impairment of Property, Plant, and Equipment (US GAAP)," Pages 4,6.

Balance Sheet Definition: A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic ...