University of Texas at San Antonio

Accounting Treatment of Intangible Assets

To provide guidance for the accounting treatment of purchased and internally-generated intangible assets in compliance with gasb.No51 and University of Texas (UT ...

Intangible Assets: Understanding Amortization vs. Impairment

Discover how amortization and impairment affect intangible assets such as patents and goodwill, and understand their impact ...
Accounting Today

CFA Institute calls for better disclosures of intangible assets

The CFA Institute released a paper Wednesday urging the Financial Accounting Standards Board and the International Accounting Standards Board to require more detailed disclosures of intangible assets ...
Accounting Today

Private Companies May Get Exemption on Accounting for Intangible Assets

The Private Company Council, the standard-setter for privately held companies, voted Tuesday to finalize an alternative that would exempt private companies from separately recognizing and measuring ...
University of Texas at San Antonio

Financial Management of Capital Assets

This guideline provides guidance for capitalization, depreciation/amortization and construction in progress of capital assets purchased, constructed or developed ...

IFRS vs. U.S. GAAP: Key Differences in Accounting Standards

Explore the major differences between IFRS and U.S. GAAP, including inventory write-downs, intangible assets, and accounting ...
CoinTelegraph

Int’l Accounting Standards Body Defines Bitcoin as ‘Intangible Asset’

The International Financial Reporting Interpretations Committee (IFRIC) has ruled that cryptocurrencies, including Bitcoin, are neither financial assets nor legal tender. The International Financial ...
JournalofAccountancy

New crypto accounting rules may spur early adoption

Cryptoasset holders — and the CPAs who advise them — have the opportunity to early adopt favorable new accounting rules that officially take effect from December 2024. FASB’s new guidance, which goes ...