Intangible asset
Revision as of 10:53, 20 December 2018 by Gary (talk | contribs) (Gary moved page Intangible assets to Intangible asset)
Intangible assets are assets having no physical substance (such as patents or franchises).
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Intangible assets. Assets having no physical substance (such as patents or franchises).
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
