The United Nations Development Programme (UNDP), in 1989, established July 11, to be celebrated as World Population Day. The main objective of... View Article
The Scheme for Adolescent Girls (SAG) is a Centrally Sponsored Scheme of the government which targets adolescent girls in the age group of 11 to... View Article
UPSC Current Affairs Preparation: The Hindu Analysis Watch expert analysis of ‘The Hindu’ dated 13th Jul 2021. Important news and views to boost... View Article
AIR Spotlight is an insightful programme featured daily on the All India Radio Newsonair. In this program, many eminent panelists discuss issues... View Article
GAAP stands for Generally accepted accounting principles. It refers to the set of accounting principles and standards and the most commonly... View Article
Intangible assets can increase in value based on favourable market conditions. For example: Goodwill of a business can increase if the product... View Article
Since intangible assets are long term assets they must be recorded in the financial statement every time, but this is not the case. As per... View Article
Intangible assets should be amortized based on its useful life. As per AS 26, the life of an intangible asset does not exceed 10 years. But, in... View Article
Intangible assets are recorded on the value of their acquisition cost. For recording annual amortisation expense for an intangible asset,... View Article
Break even means that point where a business is neither making profit nor loss. In other words, it can be referred to as the situation where... View Article
Intangible assets are those assets that do not have any physical appearance or existence. This is the most important characteristic by which you... View Article
Intangible assets act as a source of competitive advantage for the business, it is also important for creating stakeholder value and customer... View Article
Intangible assets are only listed in a company’s balance sheet when they are acquired assets and such assets that have a useful life span... View Article
Intangible assets are valued using a method called calculated intangible value or CIV, which is determined by subtracting the firm’s book... View Article
Intangible assets that can be amortized are trademarks and patents. They are amortized into an expense account. Also read: Intangible Assets... View Article
Intangible assets are assets that are not physical in nature. Such assets cannot be touched or felt. The examples of intangible assets are:... View Article
