Intangible assets: related pages
Amortisation Amortisation is the equivalent of depreciation for intangible assets.
Capitalisation The addition to the balance sheet as an asset of an amount that could otherwise have been treated as an expense.
EBITA Earnings before Interest, Tax and Amortisation.
Fair value The value of an asset or liability in an arms length transaction between unrelated willing and knowledgeable parties. A concept used in many accounting standards including the IFRSs.
Fixed asset Fixed assets are assets that have a remaining life over an year.
Impairment The cost shown in the profit and loss account as the result of a fall in the value of an asset.
Intellectual property Patents, copyrights and trademarks.
Research and development Expenditure on researching and developing new products. Development costs are related to specific products and may be capitalised.
Tangible assets Assets that have a physical form and financial assets, as opposed to intangible assets.
Copyright Graeme Pietersz © 2005-2019
