intangible assets

Tag: intangible assets

Intangible Assets: Protecting Your Brand And Reputation

“In an economy where 70% to 80% of market value comes from hard-to-assess intangible assets such as brand equity, intellectual capital, and goodwill, organizations are especially vulnerable to anything that damages their reputations” (Harvard Business Review). Last week, I had a conversation with one of my coaching participants, Dory. Dory’s company is trying to make

Read More

What is GAAP?

What is GAAP? GAAP stands for Generally Accepted Accounting Principles. It is the set of rules and guidelines for U.S. companies to follow. GAAP regulates financial reporting for public companies, private businesses, non-profits, and government authorities. This means that GAAP outlines the procedures to make sure that businesses are recording their financials in the same

Read More

Intellectual Property Risk

See Also: Tips on How to Manage your Lawyer What should General Counsel’s relationship be with a Board Corporate Veil Definition Corporate Veil Ten In-House Secrets for Reducing Your Company’s Legal Costs Red Herring So What Is the Problem With Intellectual Property Risk? What do a small business software company, a privately held manufacturing company,

Read More

Liquidation Valuation

See Also: Bankruptcy Information Chapter 11 Bankruptcy Bankruptcy Chapter 12 Chapter 13 Bankruptcy Chapter 7 Bankruptcy Bankruptcy Costs How to Make Dramatic Changes in Business Bankruptcy Courts Liquidation Valuation Definition Liquidation valuation is the value of a company that is bankrupt or going out of business. It is the value of the company’s assets, according

Read More

Intangible Assets

See Also: Current Assets Financial Assets Fixed Assets Goodwill Accounting Term Research and Development Intangible Assets Definition An intangible asset is a right or non-physical resource of a company. They are usually developed as a result of an acquisition that has been made, or years of research and development to develop a process or idea.

Read More

Goodwill Accounting Term

See Also: Accounting Income vs Economic Income Depreciation Cash Flow Statement Income Statement Generally Accepted Accounting Principles Goodwill Accounting Term The goodwill accounting term is an intangible asset. It represents non-physical assets, such as brand name and reputation, and shows up on the asset side of a company’s balance sheet. A company often acquires goodwill

Read More

Going Concern Value

See Also: Valuation Methods Value Drivers: Building Reliable Systems to Sustain Growth Value Chain Liquidation Valuation Asset Market Value versus Asset Book Value Going Concern Value Definition The going concern value definition is the value of a company under the assumption that it will continue to operate for the foreseeable future. This is in contrast to

Read More

Bankruptcy Costs

See Also: Chapter 7 Bankruptcy Chapter 13 Bankruptcy Bankruptcy Courts Chapter 11 Bankruptcy Bankruptcy Code Bankruptcy Information Chapter 12 Bankruptcy Bankruptcy Costs The more debt a company takes on, the more it risks being unable to meet its financial obligations to creditors. A highly leveraged firm is more vulnerable to a decrease in profitability. Therefore

Read More

Capital Gains

See Also: Tax Brackets Marginal Tax Rate Deferred Income Tax Flat Tax Rates Company Valuation The capital gains definition is the proceeds from the sale of an asset. These gains can be realized from the sale of stocks, bonds, real estate, equipment, intangible assets, or other property. When the asset or property is sold, the

Read More

Capital Budgeting Phases

See Also: Capital Budgeting Methods Capital Budgeting Phases The phases of the capital budgeting process include the following: Description of the need or opportunity Identification of alternatives Evaluation of the options and the relevant cash flows of each Selection of best alternative Conducting a post-completion audit of the projects. Examples To identify capital projects, refer

Read More

Amortization

In accounting, amortization refers to the periodic expensing of the value of an intangible asset. Similar to depreciation of tangible assets, intangible assets are typically expensed over the course of the asset’s useful life. It represents reduction in value of the intangible asset due to usage or obsolescence. Basically, intangible assets decrease in value over time, and amortization

Read More

Capital Gains Tax Rates in 2013

Capital gains are earnings from the sale of an asset. These assets include stocks, bonds, real estate, equipment, intangible assets, or other property. There are new capital gains tax rates in 2013 for taxpayers. Following are the new rates: 0% capital gains tax rate for long-term capital gains and dividend earnings for the 10% and

Read More