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 |
what is J form in sales tax
what is securities?
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
what is entry for depreciation?
44 Answers Genpact, IBM, Maersk, OPI Global, Wipro,
Why did you choose banking as your profession?
25 Answers Axis Bank, HDFC, HNB, ICICI, Private, State Bank Of India SBI, Yes Bank,
what is minority interest?
What is Accounting?
what is GDP? how is it calculated
A is raise a bill to B of amt. 25000/ At the time of payment B will be deduct the TDS from which rate.This bill raised first time to B By A. Trilok Sharma (Vigneshwara Developers)
Expand---------BDCS
why RBI cant print more currency?
Basic of Accounting Theory