Shop Courses > Accounting for Intangible Assets

Accounting for Intangible Assets#367219

This course has been archived and cannot be purchased.

Credit
Amount
CPA
1

Course Description

Course publication/revision date: This course was updated on 7//9/19.

The accounting rules relating to intangible assets differ from those that apply to tangible assets. Accounting for Intangible Assets addresses the essentials of these differences. The course covers the different types of intangible assets, and then describes how to account for goodwill, including goodwill impairment testing and the situations in which goodwill can be amortized. Further, the accounting for internal-use software, website development costs, and patents are noted. A complete set of financial statement disclosure requirements for intangible assets is also stated.