What is IAS 38?

IAS 38: Intangible assets. The accounting standard IAS 38 sets out accounting treatment and disclosures to be applied to the recognition and measurement of intangible assets. Find articles, books and online resources providing quick links to the standard, summaries, guidance and news of recent developments.

What are some examples of intangible property?

Goodwill. The most common form of intangible is goodwill.

  • Trademark and Trade Dress. Trademark is a recognizable sign,design,or expression which identified the product or services of a particular source from those of others.
  • Patented Technology,Computer Software,Databases and Trade Secrets.

    • What are examples of intangible resources?

    Examples of intangible resources include: Goodwill. This intangible is often recognized when one business acquires another. It represents the excess of cost paid by the purchasing business over the value of the purchased business’ assets.

    What are some examples of intangible values?

    Other intangible assets also can have value – for example: Provider service agreements, A trained and assembled workforce in-place, Franchise/licensing agreements, Joint ventures/alliances, and Computer software/network integration.